Top 9 Startup Accelerators & Incubators in Bosnia and Herzegovina
- Sotirios Seridis
- Mar 16
- 4 min read
In the heart of the Balkans, a quiet revolution is unfolding. Bosnia and Herzegovina, a country once synonymous with post-war recovery, is now emerging as a vibrant hub for innovation and entrepreneurship. The startup landscape in this Southeast European nation is undergoing a remarkable transformation, driven by a combination of local talent, international support, and a growing ecosystem of accelerators and incubators. In this article, we have compiled a comprehensive list of startup incubators and accelerators in Bosnia and Herzegovina, so you will be able to find a program that suits you!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN BOSNIA AND HERZEGOVINA
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Multiple Sectors
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: No
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Technology
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Closing Thoughts on Startup Incubators and Accelerators in Bosnia & Herzegovina
The future looks promising for entrepreneurs in this emerging hub of innovation. With a strong pool of tech talent, growing support programs, and increasing international interest, Bosnia and Herzegovina is poised for its next wave of startup growth. For aspiring founders, joining an accelerator or incubator in Bosnia and Herzegovina presents a valuable opportunity to gain industry insights, expand professional networks, and secure early-stage support. Programs like these serve as a crucial launchpad, bridging the gap between concept and market success.
Find Startup Accelerators and Incubators in the Balkans:
Frequently Asked Questions on Startup Incubators and Accelerators in Bosnia and Herzegovina
How developed is the startup ecosystem in Bosnia and Herzegovina?
The startup ecosystem in Bosnia & Herzegovina is growing and reaching a critical mass. In recent years, there has been an increase in startup activity, new incubators/accelerators forming, and more community events focused on technology and startups. Notable initiatives include Fondacija Mozaik, a social business incubator providing microgrants and mentorship, and the Innovation Centre Banja Luka, which offers business development services and collaborates with educational institutions. International organizations like the Swiss Entrepreneurship Program are also contributing to the ecosystem's development.
Who can apply for incubator or accelerator programs in Bosnia and Herzegovina?
Most startup accelerator and incubator programs in Bosnia & Herzegovina target companies with more than just an idea - ideally those with a minimum viable product (MVP) or prototype. Applicants often need to align with specific industries or themes; though a lot of the mentioned programs accept startups from diverse sectors. Entrepreneurs should carefully review the requirements of each program they're interested in and ensure they meet all the necessary criteria before applying.
Is there a fee to participate in startup incubator and accelerator programs in Bosnia and Herzegovina?
In Bosnia and Herzegovina, many startup incubators and accelerators offer their programs without participation fees, often providing additional support such as mentorship, office space, and funding. However, it's important to note that some programs may take a small percentage of equity (typically 5-10%) in exchange for their services and initial funding.
Do startup incubator and accelerator programs in Bosnia and Herzegovina offer funding?
Startup incubator and accelerator programs in Bosnia & Herzegovina do offer funding, although the ecosystem is still developing. Fondacija Mozaik, a social business incubator, provides microgrants to startups through its Startup Studio Program, along with business services and mentorship. The foundation also has an impact investing arm that funds innovative social startups. However, compared to more developed startup ecosystems, funding opportunities in Bosnia & Herzegovina are still limited, and entrepreneurs may need to look beyond national borders for substantial investment.
What support do accelerators in Bosnia and Herzegovina offer for international expansion?
Accelerators in Bosnia and Herzegovina offer various forms of support that can indirectly aid in international expansion. These accelerators, such as Fondacija Mozaik and the Innovation Centre Banja Luka, provide startups with essential resources that can prepare them for international markets. They offer microgrants, business services, mentorship, and networking opportunities with partners and experts. While not specific to Bosnia and Herzegovina, regional initiatives like Yunus Social Business Balkans operate across the Western Balkans, potentially offering broader connections and resources for startups looking to expand beyond national borders. These programs, while primarily focused on local development, lay the groundwork for startups to build robust business models and networks that can facilitate future international expansion.
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