It sounds like a near perfect scenario for California-based startups looking to expand engineering teams abroad -low wages, a vibrant social scene and over 150,000 developers for hire. This can all be found in Ukraine, where, according to PwC (via BBC News), the country’s annual economic output coming from IT outsourcing grew fivefold from 2011 to 2015. As a result, IT is now the third-largest export in Ukraine behind agriculture and mining.
Forbes: Ukraine is the best kept secret in California’s startup scene
Opening of iHUB Technopark, a creative laboratory for technology startups and innovative business development, in Kyiv on May 25, 2017.
