Facts and Figures
Albania
- Population
- 2.8 million (2020)
- Capital
- Tirana
- Major Cities
- Durrës, Vlorë, Elbasan, Shkodër
- GDP per Capita
- 5,215 USD (2020)
- Average Age
- 36.4 years
- Main Industries
- tourism, agriculture, food processing
The entrepreneurial ecocsystem in Albania
Albanian entrepreneurial ecosystem is in an early stage of development. A solid foundation is being built by lively startup communities, primarily around co-working spaces in Tirana. Startup support services are almost exclusively funded by international donor funded projects with focus on idea and early-stages. Access to finance remains a challenge. For more mature and scaling startups, the ecosystem does not yet include adequate support mechanisms.
Competitive advantage: strong and coherent communities, including female founders networks.