Albania launches open-access database to map startup ecosystem
Albania’s tech ecosystem is now worth more than €52.4M in combined enterprise value and Albania-based startups snatched €822K in 2021 alone. To map it out and empower startup creation, AlbaniaTech, through the support of the EU for Innovation program, implemented by GIZ in Albania, introduces a new online startup ecosystem database, powered by Dealroom. The new platform provides data and intelligence on startups, innovation, investors, funding rounds, and many other insights.
EU for Innovation program in Albania is funded by the European Union, the German and Swedish governments, and aims to strengthen the innovation ecosystem in Albania. The project focuses on capacity development, building linkages within the Albanian innovation ecosystem and internationally, and funding.
Albaniatech is powered by EU for Innovation, as the first Albanian platform which provides information about the Startup and Innovation Ecosystem, its actors, and their offers, as well as a place to share success stories and an overview of active startups.
The new database aims to improve transparency
This open-access platform is specifically designed to support scaling tech communities, with reliable intelligence and new insights. The database shines a light on overarching trends and headline figures as well as detailed data on startups, scaleups, and corporates in the region; covering over 186 startups and scaleups, investors, accelerators, and much more.
Examples of data you can find on the platform:
- An overview of the most valued enterprises born in the ecosystem
- A list of Albania-based fastest-growing startups in marketplace & ecommerce, among other sectors.
- A landscape of female-founded startups cataloged according to the different industries they operate in
- An overview of startups and scaleups with a strong founding team
The project is collaborative and focuses on facilitating connections
This online platform goes further than the data it holds and the insights it provides, it is designed to enable connections and accelerate processes. With features such as the Matching tool, for example, startups can easily identify their next investors based on a chosen set of criteria.
This new database not only offers the most detailed picture of the Albanian tech scene up until now, but it’s also a collaborative project. Any startup, investor, or other ecosystem stakeholders can also add their company details themselves and enhance their profile providing open access to data for the community. More accuracy and transparency in the data will not only improve the local ecosystem connectivity but will also help put the region on the map internationally as a promising new hub for tech and innovation.