Angel investors are the largest source of investment in start-ups and early-stage businesses looking to grow.
As interest in this type of investing continues to rise in Bosnia and Herzegovina, there is a growing need for clear, accessible guidance.
The Angel Investor Guide for Bosnia and Herzegovina is a practical resource designed to support the growing interest in startup investing across the country and the region. It provides clear guidance on investment strategies, legal and tax considerations, and the step-by-step investment process. The guide aims to help investors make informed decisions and contribute to the development of the local startup ecosystem.
Global attention is arriving — the launch of Techstars Sarajevo has brought international visibility to the ecosystem and opened new opportunities for scalable ventures, mentorship, and follow-on funding
Early-stage capital is starting to flow — around €3 million is invested annually in early-stage startups, with that number gradually increasing as investor engagement and founder readiness improve
Cross-border collaboration is gaining ground — BHBAN members and local founders are co-investing with peers across the Western Balkans, with Slovenia, Serbia, and North Macedonia being the most active partners to date
Events with real traction — among several emerging gatherings, the Business Angel Summit and upcoming Slush’D Sarajevo 2025 stand out, helping position the city as a visible hub for early-stage innovation
Startups are aiming beyond local markets — more teams are building for regional and European scale from day one, with growing ambition and clearer product-market strategies
BHBAN is actively contributing to this momentum — connecting private capital with emerging innovation, and supporting a stronger,
more investor-ready startup environment in Bosnia and Herzegovina.
To help investors and ecosystem actors better understand the landscape,
Foundation 787 has developed a Startup Ecosystem Map highlighting key stakeholders.
Angel investors don’t just invest in startups — they invest in learning, networks, and new opportunities. BHBAN encourages its members to stay connected with the broader investment and innovation landscape by joining relevant regional and international events.