B&H Business angel network

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AVAILABLE RESOURCES

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.

Angel Investor Guide for Bosnia and Herzegovina

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.

STARTUP ECOSYSTEM
BOSNIA AND HERZEGOVINA

The startup ecosystem in Bosnia and Herzegovina is still in its early stages — emerging and evolving.
But there are clear signs that momentum is building and the foundations for long-term growth are taking shape:

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

Support infrastructure is taking root — organizations like Foundation 787, INTERA TP, Mozaik, and others are actively supporting founder education, visibility, and access to resources

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.