Blogfabrik
27.06.2019

Starting up in Berlin

Europe’s hotspot for founders

With around 500 new tech startups popping up each year, Berlin is a thriving hub for entrepreneurs. In 2018 Berlin was entitled to be the hotspot of the German startup scene: 40 percent of all financing rounds were invested here. That’s almost 3 billion euros of venture capital. Around 50 percent of all startups in Germany are founded in Berlin. According to the EY Start-up-Barometer Germanyof January 2019, 460 million went to the Auto1 Group, 172 million to Home24, 132 million to the FinTech company N26 and 132 million to GoEuro. This means that four of the 5 largest investments in Germany went to Berlin-based companies.

Communication and media companies have settled along Berlin's "Mediaspree"
Communication and media companies have settled along Berlin's "Mediaspree" © carol_anne - fotolia.com

Why Berlin?

The city attracts young, qualified people from all over the world. The high quality of life at comparably low living expenses, the vital scene life and international environment are the reasons for young entrepreneurs to implement their business ideas here. The starting conditions are advantageous: office and location expenses are still lower than in many other major cities. Berlin has the most coworking spaces in Germany, strong networks and numerous business incubators. The diversity and creative environment are a major plus: 80 percent of Belin startups agree that the ecosystem benefits from immigration. There are also 50 percent more female founders than in other German cities. 

Turn your idea into a business

For presentation and pitch situations, it’s vital for every business idea to be organised into a clear business plan. If your still in the process of writing your plan or are wondering what needs to be included, one of the many coaching programmes the Berlin are offering support. The Berlin-Brandenburg Business Plan Competition (BPW) is Germany’s largest regional start-up initiative. The programmes provide entrepreneurs with support in the development of their business concepts, with over 100 events and a network of more than 300 consultants. Other great choices are Gruendercoaching Deutschland, IBB bank’s Coaching Bonus and BBB start

If you’re already at a later stage, we’ve put together a 7-step-plan on how to set up your business in Berlin, containing many helpful links and tips, as well as a guideline to pick the most suitable legal form for your company.

If you have already established your business and are based in one of our Start Alliance Cities, you might also qualify to try out the Berlin market and startup ecosystem for free! For information on upcoming programs, please see the Start Alliance website.

Find the best deal

Besides bold ambition and innovative ideas, you’ll need money to make your business a reality. Fortunately, Berlin has the most investments in startups nationwide, numerous business angels and startup centers

Berlin enjoys an investment-friendly climate and benefits from Federal State and EU supported funding programmes for startups at all stages of development. In their Business Support Guide, the Investitionsbank Berlin (IBB) provides a wide range of support programmes for founders in Berlin – from business loans, funding, investments and loan guarantee. Have a look at the various offers that are available. 

Since applications are only accepted in German, please contact Berlin Partner if you need help with the process. 

Here are some of the top local funding programs as well as Berlin-based venture capitalists:

Funding programmes:

Venture capitalists:

If your uncertain, which option is right for you, the online tool of the Berlin chamber of commerce and industry (IHK), can be of help. They also offer a Beginner’s guide on starting a business in Berlin.Finally The Federal Ministry of Economic Affairs and Energy (BMWi)also provides information about available funding programmes in Berlin.

Settle down in the right location

Finding the right location isn’t always easy in a city, where space is in high demand. The team at the business location center is happy to help you with your search for suitable office space. You may also register for their Real Estate Portal, which provides an overview of the commercial real estate and spaces offered by public sector and private owners.

Spreebogen office building
Spreebogen office building © Berlin Partner Fritsch Foto

Additionally, these technology and new business centres in Berlin offer affordable office space, a chance to network with other entrepreneurs’ advice, consulting and other services:

When it comes to coworking spaces, you will find plenty of options in Berlin, with over 100 shared office spaces across the city – and growing. Spaces are affordable, flexible and accommodate a range of working styles to include everything from quiet zones to more social spaces, and beanbags to standing desks. Coworking spaces are also ideal spots to connect, cultivate ideas and collaborate.

Make friends

© Buro Millenial / Pexels

Especially in socially-minded city like Berlin, it is crucial to invest time into building a quality professional network. However, that doesn’t mean you have to solely go to business events and talk about work all the time. Therefore, we have put together a list of tips, that you should keep in mind when connecting to the German and Berlin startup-scene

If you need some hints where you are most likely to encounter the crowd you’re looking for, we have also compiled a list of startup events, conferences and hotspots for networking.

Berlin Partner offers special service packagesthat are designed to fit your company’s individual needs. All support is provided free of charge! Feel free to reach out anytime for any further assistance.


Header image: Christoph Naumann

More articles

Next
27.06.2019

Starting up in Berlin

Europe’s hotspot for founders

With around 500 new tech startups popping up each year, Berlin is a thriving hub for entrepreneurs. In 2018 Berlin was entitled to be the hotspot of the German startup scene: 40 percent of all financing rounds were invested here. That’s almost 3 billion euros of venture capital. Around 50 percent of all startups in Germany are founded in Berlin. According to the EY Start-up-Barometer Germanyof January 2019, 460 million went to the Auto1 Group, 172 million to Home24, 132 million to the FinTech company N26 and 132 million to GoEuro. This means that four of the 5 largest investments in Germany went to Berlin-based companies.

Communication and media companies have settled along Berlin's "Mediaspree"
Communication and media companies have settled along Berlin's "Mediaspree" © carol_anne - fotolia.com

Why Berlin?

The city attracts young, qualified people from all over the world. The high quality of life at comparably low living expenses, the vital scene life and international environment are the reasons for young entrepreneurs to implement their business ideas here. The starting conditions are advantageous: office and location expenses are still lower than in many other major cities. Berlin has the most coworking spaces in Germany, strong networks and numerous business incubators. The diversity and creative environment are a major plus: 80 percent of Belin startups agree that the ecosystem benefits from immigration. There are also 50 percent more female founders than in other German cities. 

Turn your idea into a business

For presentation and pitch situations, it’s vital for every business idea to be organised into a clear business plan. If your still in the process of writing your plan or are wondering what needs to be included, one of the many coaching programmes the Berlin are offering support. The Berlin-Brandenburg Business Plan Competition (BPW) is Germany’s largest regional start-up initiative. The programmes provide entrepreneurs with support in the development of their business concepts, with over 100 events and a network of more than 300 consultants. Other great choices are Gruendercoaching Deutschland, IBB bank’s Coaching Bonus and BBB start

If you’re already at a later stage, we’ve put together a 7-step-plan on how to set up your business in Berlin, containing many helpful links and tips, as well as a guideline to pick the most suitable legal form for your company.

If you have already established your business and are based in one of our Start Alliance Cities, you might also qualify to try out the Berlin market and startup ecosystem for free! For information on upcoming programs, please see the Start Alliance website.

Find the best deal

Besides bold ambition and innovative ideas, you’ll need money to make your business a reality. Fortunately, Berlin has the most investments in startups nationwide, numerous business angels and startup centers

Berlin enjoys an investment-friendly climate and benefits from Federal State and EU supported funding programmes for startups at all stages of development. In their Business Support Guide, the Investitionsbank Berlin (IBB) provides a wide range of support programmes for founders in Berlin – from business loans, funding, investments and loan guarantee. Have a look at the various offers that are available. 

Since applications are only accepted in German, please contact Berlin Partner if you need help with the process. 

Here are some of the top local funding programs as well as Berlin-based venture capitalists:

Funding programmes:

Venture capitalists:

If your uncertain, which option is right for you, the online tool of the Berlin chamber of commerce and industry (IHK), can be of help. They also offer a Beginner’s guide on starting a business in Berlin.Finally The Federal Ministry of Economic Affairs and Energy (BMWi)also provides information about available funding programmes in Berlin.

Settle down in the right location

Finding the right location isn’t always easy in a city, where space is in high demand. The team at the business location center is happy to help you with your search for suitable office space. You may also register for their Real Estate Portal, which provides an overview of the commercial real estate and spaces offered by public sector and private owners.

Spreebogen office building
Spreebogen office building © Berlin Partner Fritsch Foto

Additionally, these technology and new business centres in Berlin offer affordable office space, a chance to network with other entrepreneurs’ advice, consulting and other services:

When it comes to coworking spaces, you will find plenty of options in Berlin, with over 100 shared office spaces across the city – and growing. Spaces are affordable, flexible and accommodate a range of working styles to include everything from quiet zones to more social spaces, and beanbags to standing desks. Coworking spaces are also ideal spots to connect, cultivate ideas and collaborate.

Make friends

© Buro Millenial / Pexels

Especially in socially-minded city like Berlin, it is crucial to invest time into building a quality professional network. However, that doesn’t mean you have to solely go to business events and talk about work all the time. Therefore, we have put together a list of tips, that you should keep in mind when connecting to the German and Berlin startup-scene

If you need some hints where you are most likely to encounter the crowd you’re looking for, we have also compiled a list of startup events, conferences and hotspots for networking.

Berlin Partner offers special service packagesthat are designed to fit your company’s individual needs. All support is provided free of charge! Feel free to reach out anytime for any further assistance.


Header image: Christoph Naumann

Why should you start a business in Berlin?

Welcome to Berlin – the buzzing city at the heart of Europe! Berlin attracts businesses and startups from every industry. Science, research, and creative industries also love Berlin. True innovators love living and working in Berlin, as the conditions for setting up a company in the city are outstanding.

Infrastructure

Berlin offers the ideal infrastructure for setting up a company. The city’s airports make it quick and easy to reach from all over Europe, and its public transport network is extensive. Office space is also plentiful. Few cities have as many co-working spaces as Berlin. Although rents are rising, they are still lower than in most other European capitals.

>> Berlin - Heart of Europe

Innovative industries

In Berlin, you can build a network and discover businesses in all the key innovative industries, including high tech, healthcare, life sciences, service economy, mobility, and logistics. Berlin startups such as Zalando, DaWanda, and ImmobilienScout24 are influencers in the German market, and venture builders like Rocket Internet and Project A are also located in Berlin. There is potential for fruitful partnerships with research facilities and other companies in Berlin. Feel the spirit of entrepreneurship in Berlin!

>> Doing Business in Berlin

Research & sciences

Berlin is the main capital for researchers and scientists in Europe. You’ll find research on the hot topics in fields like bio technology, medicine, communication technology, mobility and transport and more.

>> Brain City Berlin - research & science in Berlin

Living in Berlin

Finally, the large pool of highly skilled specialists from all over the world is a key reason to start up a company in Berlin. Thanks to its relatively low cost of living and vibrant cultural life, Berlin attracts many highly talented people, which also benefits businesses located in the city.

>> Living in Berlin

A growing German economy – good times for entrepreneurs and investors

The GDP is rising and unemployment is low. Consumers are spending more. It's a great time for investments and market entry in Germany. Reason-Why.Berlin offers useful background information on the German economy.