80% of Czech startups plan to expand abroad
Nearly 80% of Czech startups plan to expand abroad, according to a study by Startup Report, carried out in cooperation with the government agency CzechInvest, Czech Radio reports.
Photo by pixabay
Around 30% of Czech startups are currently doing business outside the Czech Republic. More than 70% of Czech start-ups, supported by CzechInvest, took part in foreign acceleration programs, most of them in Silicon Valley, New York, London and Lisbon.
The study was based on a survey carried out among 150 Czech startups between November 2019 and February 2020, Czech Radio adds.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.