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The Startup Ecosystem of Podgorica

Home to 80% of Montenegro’s startups, Podgorica has a vibrant startup ecosystem that is ranked 1131 in the world.

CITY RANKING

Podgorica is a new entry in the 2024 Global Startup Ecosystem Index, having now positioned itself as 1131st worldwide.

National Ranking

1st
new
In Montenegro

Regional Ranking

82nd
new
In Eastern Europe

Global Ranking

1131st
new
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Podgorica Top Startup Industries

Social & Leisure icon
Social & Leisure
2 startups
Software & Data icon
Software & Data
2 startups
Marketing & Sales icon
Marketing & Sales
1 startups

Ecosystem HealthCheck

Podgorica Ecosystem Health Check

The health check tables allow you to look at the performance Podgorica has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global11318
Ecommerce & RetailN/A01
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Podgorica

Download list
CheckRewards startup logo
Ecommerce & Retail | Social Commerce
Unranked
3Hills startup logo
Social & Leisure | Gaming
Unranked
PAID-T startup logo
Fintech | Financial Services
Unranked
Niched AI startup logo
Software & Data | Enterprise Technology
Unranked
Kodio startup logo
Marketing & Sales | Marketing & Sales-Other
Unranked
MARS12 startup logo
Edtech | Education-Other
Unranked
iBench startup logo
Software & Data | Enterprise Technology
Unranked
7tam startup logo
Social & Leisure | Gaming
Unranked

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Startup Ecosystem Charts

Startup Funding in Podgorica2017 - 2024

Startup Funding in Podgorica 2017 - 2024

From 2022 to 2023, startup funding in Podgorica has increased by 114.71%. During this period, the number of deals in Podgorica has remained stable%. Since 2017, total startup funding in Podgorica exceeded US$ $2.16M.

Average Funding in 2023

$728.36K

Podgorica
Montenegro
+114.71% YoY

Funding in 2023

$1.46M

Podgorica
Montenegro
+114.71% YoY

Deals in 2023

2

Podgorica
Montenegro
+0.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B00.511.52

Ecosystem

The Startup Ecosystem in Podgorica

Startups in Podgorica excel in Social & Leisure, Software & Data, and Marketing & and Sales. There are some notable success stories contributing to the city’s growing Social & Leisure industry. One of the most promising startups in Podgorica in 2024 is CheckRewards, 3Hills, and Niched AI.

Global Rank

Podgorica is ranked below the top 1000 startup ecosystems globally.

Top Industries

Podgorica’s startups excel particularly in Social & Leisure and in Software & Data, and Marketing & Sales. Find out more

Top Cities for Startups in Montenegro - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
new
1131st
new
0.078
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Podgorica
CheckRewards startup icon
CheckRewards
3Hills startup icon
3Hills
Niched AI startup icon
Niched AI

ECOSYSTEM

Why should you join Podgorica's Startup Ecosystem?

Overview

1st

National Rank

82nd

Regional Rank

Overview

ECOSYSTEM
Startup Infrastructure in Podgorica
With a large variety of initiatives, Podgorica's startup ecosystem stands out from other cities in Eastern Europe. Podgorica offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Podgorica's most prominent support initiatives:

Accelerators

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]