Abstract
The article is devoted to issues of state support and development of the startup ecosystem in the example of Romania. The peculiarities and reasons for its formation, as well as the characteristics of the main startups of the country, main directions of startup entrepreneurship development, PESTEL, and SWOT analysis of the national ecosystem of startups in Romania, are considered. The article analyzes the features of the ecosystem of startups in Romania: the growth of global investment and revival of Romanian investors in local startups, increasing the average size of checks for seed stages of financing, development of venture and innovation infrastructure, and the formation of 5 cities for startups in the global ranking of startup ecosystems StartupBlink. The article reviews the state support for startup entrepreneurship in countries, including the Start, Incubators, and Entrepreneurship Encouragement and Development Programs. Factors of the development of the local ecosystem of Romanian startups have been identified. The ecosystem of startups is attractive to global investors due to the pool of talented technicians and engineers, the availability of high-speed Internet and opportunities for startups to enter the European market, and the availability of effective acceleration programs for startups and digital infrastructure. The strengths and weaknesses of the local ecosystem of Romanian startups have been identified. Insufficient government policy to support startups, in particular in coordinating various programs and tools to boost entrepreneurship; the need to improve the regulatory framework of the country to the needs of digital technology; bureaucratic obstacles to starting and running a startup; the lack of entrepreneurship educa- tion programs in secondary and higher education are attributed to the problematic and weak points in the development of the local ecosystem of startups in Romania. The study allowed us to study the experience of developing the ecosystem of Romanian startups as an example to follow in the Ukrainian environment. Despite the political and economic situation in Ukraine, the is- sue of government assistance in the formation and development of cities for startups will significantly accelerate the process of postwar reconstruction of our country
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