Why Germany is an Excellent Place for Startups

By StartUp City | Tuesday, January 12, 2021

Germany has a great geographical and geopolitical position in the heart of Europe, facilitating movement and communication with other countries, as well as a stable local economy, which is significant for prospective investors and startups. 

Fremont, CA: Germany was known for its powerful corporations and well-developing environment for small and medium-sized businesses. Today, the country has an organized startup ecosystem, making it easier to build innovative companies. Its market has advantageous launch infrastructure, proper facilities, and various options for funding.

With almost EUR 3.1 billion was invested in German startups in 20015, the sum of investment in startups increases every year, and investors usually invest their resources in tech startups.

The German market is well known for excellent conditions for international companies to promote their products beyond just the local market. Statistics show that over 10 percent of the CEOs of startups in German and one-fifth of employees are from abroad.

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The German ecosystem has many organizations or investors with a range of offers for startups, such as Rocket Internet and the German Startups Group. Rocket Internet is included in the stock exchange and is part of Germany's main investors with shares in many promising startups. The German Startups group is a Berlin-based investment company and a venture capital provider for its thriving startup scene. The group finances young company growth and supports their set-up, offering business expertise.

Germany also has an excellent geographical and geopolitical position in the heart of Europe, facilitating movement and communication with other countries, as well as a stable local economy, which is significant for prospective investors and startups.

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