LVIV IS THE UPCOMING TECHNOLOGICAL CENTER OF EASTERN EUROPE
The center of technical education in Ukraine, the city of innovative projects and startups, and the most robust tech community. Welcome to Lviv, the city with opportunities for everyone.
DISCOVER THE LAND OF TECH TALENTS
Ukraine has always been a hub of creativity and innovation. Its outstanding talent pool is now reaching 200,000 software developers, with the tech industry projected to generate $10 billion by 2025. Furthermore, 20% of the world’s leading companies have offices in Ukraine, more than 110 R&D centers by multinational corporations are based in the country, and over 100 Fortune 500 companies have chosen Ukrainian IT services.
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FROM CULTURE CAPITAL
TO BUSTLING TECH HUB
In addition to its historical heritage, cultural and touristic importance, the western city of Lviv has been showing steady growth in the past few years, becoming one of the major tech hubs in the country alongside Kyiv and Kharkiv.
Lviv is now home to 511 tech companies and the HQs of global software providers. According to the Global Outsourcing 100 2019, 8 out of 17 Ukrainian tech companies included in the top shortlist, have chosen Lviv as the place to have offices or headquarters.
As an investment destination, the tech market in Lviv is an economically attractive venue for starting a tech business. The city boasts a highly qualified human capital and offers many opportunities for potential companies due to the high-quality services, making Lviv one of European tech’s most competitive centers.
LVIV IT CLUSTER: DRIVING CHANGE THROUGH COMMUNITY
In 2011, a community of the leading tech companies, municipal authorities, and educational institutions formed the Lviv IT Cluster with an aim to improve the local economy and provide a sustainable income for the city. The initiative was set up within the Lviv Competitiveness Strategy, and since its launch, continues to implement large-scale projects that contribute to positioning Lviv as one of the attractive tech hubs, both in Ukraine and in the CEE. Lviv IT Cluster unites over 180 member companies, 25,000 tech professionals, and implements projects in such areas as promotion, education, development of international relations, and infrastructure.
KEY TECH INDUSTRY
PROJECTS IN LVIV
One of the most anticipated tech events in Eastern Europe annually hosted in Lviv at the end of September. IT Arena brings together over 5000 tech-savvy attendees, dozens of aspiring startups, and 100 speakers from all over the world.
Innovation District IT Park will become the center for the development of the Lviv tech industry, providing office space and business centers for over 10,000 tech professionals, as well as modern labs for the city’s tech students.
The initiative aims to modernize tech education in Lviv universities by updating curriculums and creating new Bachelor programs. Through cooperation between universities and tech companies, 17 brand new degree programs have been launched, including a BSc in IoT, AI, Robotics, Cybersecurity, etc.
TOTAL ECONOMIC IMPACT OF THE TECH INDUSTRY
The total economic effect of the IT sector in Lviv in 2020 reached $1,412 billion (in contrast, in 2019 it was $1,295 billion), out of which the direct economic effect was $865 million, indirect (the effect of IT on related sectors of the economy) – $557 million.DOWNLOAD REPORT
511 TECH COMPANIES
AND OVER 31K OF TECH PROFESSIONALS
Despite the pandemic, the number of tech companies in Lviv increased by 4%, and now has reached a total of 511 companies. Even the pandemic-induced crisis could not slow the number of tech professionals from moving to Lviv, now over 31k specialists have chosen the city for life and work.DOWNLOAD REPORT
TECH INDUSTRY TURNOVER
RANGES FROM $816 TO $832 MILLION
The tech industry’s share in the GRP of Lviv equals 21%. In 2020, the industry’s turnover increased by 10% compared to last year – from $832 to $912 million (compared to $718 to $832 million in 2019).DOWNLOAD REPORT
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