Tweet
Yerevan listed among cheapest cities for internet startup launch: research
October 18, 2013 - 19:16 AMT
PanARMENIAN.Net - Yerevan was listed among the cheapest cities for an
internet startup company launch, with Moscow named as the most
expensive, hopesandfears.com said.
Pyortr Tatishev, curator at Digital October technology
entrepreneurship center held a research to assess the annual cost of a
team of two programmers and a designer in a rented office. A number of
entrepreneurs in Russian and CIS cities were polled, with the
following results: the Moscow office and team expenditures total $165
000, St. Petersburg - $120 000, Nizhny Novgorod - $112 500,
Novosibirsk - $73 500, Tomsk - $51 938, Taganrog - $56 250, Krasnodar-
$61 875, Perm - $86 250, Vladivostok - $75 000, Minsk (Belarus) -
$60,000, Tbilisi (Georgia) - $38 400 and Yerevan (Armenia) - $52 800.
A similar study covering a number of cities from London to Mumbai was
held by Staff.com HR source. The study showed that Philippines will
provide the most cost-saving in launching a startup, with a year of
work in Manila paying 6,5 times less than in Zurich, Sydney or New
York.
October 18, 2013 - 19:16 AMT
PanARMENIAN.Net - Yerevan was listed among the cheapest cities for an
internet startup company launch, with Moscow named as the most
expensive, hopesandfears.com said.
Pyortr Tatishev, curator at Digital October technology
entrepreneurship center held a research to assess the annual cost of a
team of two programmers and a designer in a rented office. A number of
entrepreneurs in Russian and CIS cities were polled, with the
following results: the Moscow office and team expenditures total $165
000, St. Petersburg - $120 000, Nizhny Novgorod - $112 500,
Novosibirsk - $73 500, Tomsk - $51 938, Taganrog - $56 250, Krasnodar-
$61 875, Perm - $86 250, Vladivostok - $75 000, Minsk (Belarus) -
$60,000, Tbilisi (Georgia) - $38 400 and Yerevan (Armenia) - $52 800.
A similar study covering a number of cities from London to Mumbai was
held by Staff.com HR source. The study showed that Philippines will
provide the most cost-saving in launching a startup, with a year of
work in Manila paying 6,5 times less than in Zurich, Sydney or New
York.