Monthly burn rate of startups in Belarus 2020

Published by A. Melkadze, Sep 16, 2022
In 2020, almost half of the Belarussian startups spent less than five thousand U.S. dollars per month of their venture capital to finance overhead before getting revenues from business operations. A total of nearly one third of startups had a monthly burn rate between five to 20 thousand dollars.

Monthly burn rate of startup-companies in Belarus in 2020

CharacteristicShare of respondents
Less than 5 thousand U.S. dollars 47.1%
5-10 thousand U.S. dollars 16.3%
10-20 thousand U.S. dollars 16.3%
20-50 thousand U.S. dollars 9.6%
50-100 thousand U.S. dollars 6.8%
More than 100 thousand U.S. dollars 3.9%
Showing entries 1 to 6 (6 entries in total)
Created with Highcharts 7.2.2Share of respondents47.1%47.1%16.3%16.3%16.3%16.3%9.6%9.6%6.8%6.8%3.9%3.9%Less than 5 thousand U.S. dollars5-10 thousand U.S. dollars10-20 thousand U.S. dollars20-50 thousand U.S. dollars50-100 thousand U.S. dollarsMore than 100 thousand U.S.dollars
0%10%20%30%40%50%60%

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Release date

December 2020

Region

Belarus

Survey time period

September to November 2020

Number of respondents

260 respondents

Special properties

Startup representatives

Method of interview

Face-to-face interview, online survey

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