At SiteGround, we are beyond proud to share that our founding member, Ivo Tzenov, has been honored as the first-ever winner into the “Bulgarian Entrepreneurs Hall of Fame.”
This recognition came during a glamorous gala at the National Theatre, where leading figures in the business world gathered to celebrate excellence and vision. This event, organized by The Bulgarian Entrepreneurial Association (BESCO), marks the start of a tradition aimed at acknowledging entrepreneurs who not only build successful ventures but uphold values that inspire future generations.
For us at SiteGround, this award symbolizes the hard work, resilience, and commitment that Ivo has shown since the very foundation of our team. From our roots as a small startup, over 20 years ago, to becoming a global leader in web hosting technologies, his passion for innovation and people-first philosophy has defined who we are.
A Journey Built on Empowering Others
In an emotional speech to over 600 attendees, Ivo Tzenov reminded us all what truly matters in business: “The most valuable thing we can do is inspire and empower people to create. We started by fostering this freedom within SiteGround, and later expanded our impact through our foundation. Today, I’m grateful to BESCO for supporting not just us but all entrepreneurs in Bulgaria.” He spoke with the conviction that building opportunities for others is a responsibility that drives progress, not just within a company but throughout the community.
An Event Honoring Bulgaria’s Pioneers
Ivo’s recognition was part of an evening that celebrated leaders across multiple industries. Over 100 nominations were considered for the award, with only five people reaching the final vote of a jury cоmprized by BESCO’s main partners over the years: more than 80 prominent personalities from the Bulgarian entrepreneurial ecosystem, including experienced investors and successful entrepreneurs.
The five honorees included:
- Hristo Hristov, CEO of Darik Radio, who transformed the media landscape with innovative news platforms.
- Mihail Stoychev and Georgi Petrov, whose work with SMS Bump and NitroPack has reshaped digital marketing, achieving significant milestones in just a few short years.
- Svilen and Konstantin Rangelovi, the creative minds behind Dronamics, developers of the world’s first cargo drone, “Black Swan,” showcasing Bulgaria’s potential for world-class technological achievements.
- Raycho Raychev, founder of EnduroSat, who has pushed the boundaries of space technology, collaborating with giants like SpaceX.
The Power of Community and Shared Values
BESCO’s CEO, Dobromir Ivanov, spoke to the essence of entrepreneurship in Bulgaria: “Entrepreneurs are united by their values. For them, success isn’t just what they achieve for themselves but what they give back to others.” This sentiment echoes our own culture at SiteGround, where teamwork, mentorship, and a commitment to fostering talent are woven into our fabric. We believe, like Ivanov, in the principle of “give back & pay forward.”
More Than an Award
Ivo Tzenov’s induction into the Hall of Fame is a testament to the journey of not just one entrepreneur but to SiteGround’s collective commitment to creating opportunities and breaking boundaries, that we have upheld for over 20 years. The Hall of Fame award is more than recognition; it’s a reminder that success can and should include uplifting others and setting a positive example. As SiteGround continues to grow and contribute to the global tech landscape, we remain committed to our roots and to the values that made this recognition possible.
We hope that this honor inspires the next generation of innovators to see that greatness can be achieved, nurtured, and shared right here in Bulgaria.