Empowering Bulgaria’s tech ecosystem with exceptional teams (Interview)

Growing and empowering Bulgaria's tech ecosystem has always been Campus X's mission. And we know from experience that tech companies need great talent to power their success.

Today we speak with Momchil Ivanov, Co-Founder of our strategic Human Capital Partners BICA Services & Anthill. Momchil tells us why more and more international companies set up their first offices in Bulgaria and what's the secret to building exceptional teams with Bulgaria-based talent.


Let's dive right in.


First, could you tell us a bit about yourself and your role in the company?


Momchil Invanov, Campus X office space, Sofia
Momchil Ivanov, Co-Founder of BICA Services & Anthill

My professional journey started back in 2009 motivated by interests and passion for building, developing, and expanding businesses. Driven by innovations and technologies, today I am a Co-Founder of several companies, including BICA Services and Anthill which are focused on building exceptional product teams.


In day-to-day activities, anything related to the business development, compliance, and financial setup within our businesses is usually on me and in my personal life, I am a happy father of two male beasts, a devastated Arsenal fan, and ale admirer.


Is Bulgaria a good place to set up a tech company in terms of high-quality talent availability?



Availability of talent and quality of work are two crucial factors all investors are evaluating before an investment decision is taken. Back in the day, their first question in 90% of the cases we faced was about the cost of talent. Nowadays we are focusing more on market capabilities, quality, and delivery speed.


“High-quality” talent is a complex mixture of tech skills, culture fit, and professional attitude. Combining these elements is where Bulgaria classifies as one of the hottest destinations in Eastern Europe for any tech or product-oriented investor in terms of high-quality talent in tech and beyond.


Read our interview with Kiril Kaykov - Partner, Service Delivery Operations at BICA Services to learn why talent is the key to tech companies’ success.


Based on your experience, what kind of international companies consider expanding or setting up their first operations in Bulgaria?


When it comes to technologies, there is a huge variety of businesses that are opening their offices in Bulgaria which is great. Bringing differences together helps any community grow further. Imagine the Campus X coworking community on a country level. That is what our country is achieving today in my opinion – a mix of diversified minds focusing on mutual goals. To be specific - we see interest coming from both startups and mid-sized tech businesses to already established corporations with 300-400+ employees spread all over the world.