What is StartupFactory
Startup Factory is a NGO (Non Government, Non Profit Organization) that develops the entrepreneurial ecosystem and the IT community in Eastern Europe and Bulgaria. The mission of the organization is supporting early stage startups, building key skills in demand by the market and cultivating the favorable infrastructure and environment for turning ideas into real products with potential for commercialization.
Startup Factory functions as a centre that attracts people sharing common goals, interests and ambitions – managing own business as an expression of personal freedom and responsibility, sharing knowledge in our blog, skills and know-how, mutual support in the undertakings and achieving success through creating real value with great products.
Startup Factory carries out activities in the following directions:
- Organizing technical events and conferences;
- Carrying out courses and trainings;
- Supporting early stage startups;
- Managing co-working space;
- Individual mentorship and consulting;
- Building skills in demand by the market;
We incentivize blockchain startups and we’re proud to be one of the first blockchain oriented startup development program in Europe. Our most prominent member on this category is the blockchain startup ReCheck, that in 2017 was nominated for the EUTOP50 competition for most innovative European startups that took part in the European Parliament in Brussels.
Our mission behind blockchain is to help to build more decentralized systems and processes and our vision is to be one of the blockchain hub center for startups worldwide.
- Blockchain know-how;
- Blockchain Developers;

The new digital professions: an interview with the painter Nikolay Krastev
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The new digital professions: an interview with the 3D artist Nikolay Marinov
We would like to present to you the young 3D artist Nikolay Marinov. He is a 22 year old designer, studying "Computer Systems and Technologies" at the University of Ruse, Bulgaria. He is currently in Coimbra, Portugal, at the University of Coimbra to work on his...
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Emiliyan Enev
Emiliyan Enev is a mobile technology entrepreneur and manages his own product – a blockchain startup called ReCheck that adapts itself as a ready technical solution for the needs of different businesses. Emiliyan has several online projects and digital products behind him, his strengths being related to business process management, online marketing, content creation, validation of ideas, customer engagement and monetization strategies. Among its achievements are winning the App Challenge 2.0 contest, participating in the CeBIT exhibition as a specially chosen startup, attracting business angel investment, and working with clients like UniCredit Bulbank.
Martin Panayotov
Martin Panayotov has been in the IT industry since 1997 with a major focus on web development and online marketing and he is an SEO expert. His company have built a successful social network targeting the audience from the United States and the UK. Currently he is the director & manager of the online marketing agency Weberest.
Ivaylo Sholekov
Ivaylo is an entrepreneur in the field of web-based applications. Manages several own projects as well as for different companies. After some “failures” in offline, entrepreneurship he is currently focused on the web-based applications. Ivaylo believes in that technological development will be on rise in Bulgaria and economy will thrive thanks to this technological development in the country. For this reason, he tirelessly works on web-based applications for specialized training in Information and Communication Technologies. Another major factor for technological development of the IT field in the region is the contribution of Startup Factory. Ivaylo is satisfied with good quality tools that can contribute to his success on his projects and well done job. He likes people who do not use expressions like I can’t and that can’t happen (especially if he is going to work with them). More than that, you can find on sholekov.com
Vihren Ganev
Vihren Ganev is a software engineer and a start-up IT entrepreneur. Vihren strives to help people who are thirsty for knowledge of all ages to develop and succeed by conducting programming courses and guiding them to develop their personal projects. Among his most interesting awards are a project of Technostart, a charity and an innovative seminar, third place for the best student company. He is highly motivated and incentivized to continue with events such as Ruse Hack, where students demonstrate in-depth knowledge in IT and entrepreneurship, and more experienced people present quality and ready-to-use projects. Vihren invested effort to brand the Startup Factory as the preferred meeting place for IT people in the city. Here, during the day, work is booming, then courses, meetings, presentations of businesses and IT projects and ideas are held.
Radostina Ganeva
She holds a bachelors degree of Computer Systems and Technologies at the Technical University of Varna and Masters “e-Business and e-Governance” at University of Sofia. Develops professional applications for Android devices for more than 4 years. She took part in programming and entrepreneurial competitions as a participant, mentor and jury. Currently she is working remotely from the Startup Factory co-working space. She strives to help in organizing the association and supporting co-working spaces.