With Stockholm playing host to power brands such as Klarna, iZettle and King, it's hardly surprising that after Silicon Valley, the city boasts more tech unicorns per capita than anywhere else in the world.
Some in the startup community believe the Prime Minister's recent announcement about a new legal framework for startups is little more than a publicity stunt.
Although just 10 of Serbia's companies were ranked in the top 500 in the region, this does not mean that Serbia hasn't got the capacity to facilitate entrepreneurial growth going forward.