co-working space Blockfabrik Berlin
05.09.2017

Startup Hub

In 2017, almost 3 billion euros of venture capital were invested in Berlin's startups. This accounted for 69 percent of the total venture capital that flowed into Germany, says the "Startup Barometer" by Ernst & Young. According to the KPMG Enterprise’s Venture Pulse Report, 2018 also got off to a very strong start with over 930 million euros in the first quarter, of which 475 million went to the Auto1 Group, 135 million to the FinTech company N26, 60 million to solarisBank and 54 million to the Frontier Car Group. This means that four of the ten largest investments in Europe went to Berlin-based companies. According to estimates by the German Startups Association, around 30% of all startups are based in Berlin.

The starting conditions are advantageous: office and location expenses are still lower than in many other major cities. Berlin attracts young, highly qualified people from all over the world.

In the last 10 years, a good 47,000 new jobs have been created in the digital economy, with a total of almost 90,000 in 2017 and annual growth rates of 10-15%.  This is primarily due to startups. But more and more corporate groups are coming to Berlin with their digital divisions or are establishing them in the capital in the first place.

According to a nationwide comparison, Berlin start-ups are the most international, having a share of 33.7% of foreign employees. 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.

What does Berlin offer entrepreneurs?

  • International talent pool
    Urban diversity, high life quality and creative atmosphere attract excellently trained, multilingual professionals from all over the world.
  • Comprehensive consulting and funding
    Potential founders in Berlin can look forward to various funding and consulting possibilities.
  • Outstanding infrastructure
    Offices at reasonable prices, numerous business incubators and technology centers as well as the most coworking spaces in Germany
  • Positive investment climate
    The most investments in start-ups nationwide; numerous facilities, business angels, start-up centers and investors provide support for starting a new business.
  • Strong networks and technology transfer centers
    Berlin’s unique scientific landscape ensures cooperation opportunities with institutions of higher education and over 300 public and private research facilities.
  • Creative environment
    Hotspots, sector meet-ups and events enable an uncomplicated vital exchange within the start-up scene.
  • Attractive living environment
    Reasonable rents and living costs in an international metropolis

Updated: November 2018

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05.09.2017

Startup Hub

In 2017, almost 3 billion euros of venture capital were invested in Berlin's startups. This accounted for 69 percent of the total venture capital that flowed into Germany, says the "Startup Barometer" by Ernst & Young. According to the KPMG Enterprise’s Venture Pulse Report, 2018 also got off to a very strong start with over 930 million euros in the first quarter, of which 475 million went to the Auto1 Group, 135 million to the FinTech company N26, 60 million to solarisBank and 54 million to the Frontier Car Group. This means that four of the ten largest investments in Europe went to Berlin-based companies. According to estimates by the German Startups Association, around 30% of all startups are based in Berlin.

The starting conditions are advantageous: office and location expenses are still lower than in many other major cities. Berlin attracts young, highly qualified people from all over the world.

In the last 10 years, a good 47,000 new jobs have been created in the digital economy, with a total of almost 90,000 in 2017 and annual growth rates of 10-15%.  This is primarily due to startups. But more and more corporate groups are coming to Berlin with their digital divisions or are establishing them in the capital in the first place.

According to a nationwide comparison, Berlin start-ups are the most international, having a share of 33.7% of foreign employees. 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.

What does Berlin offer entrepreneurs?

  • International talent pool
    Urban diversity, high life quality and creative atmosphere attract excellently trained, multilingual professionals from all over the world.
  • Comprehensive consulting and funding
    Potential founders in Berlin can look forward to various funding and consulting possibilities.
  • Outstanding infrastructure
    Offices at reasonable prices, numerous business incubators and technology centers as well as the most coworking spaces in Germany
  • Positive investment climate
    The most investments in start-ups nationwide; numerous facilities, business angels, start-up centers and investors provide support for starting a new business.
  • Strong networks and technology transfer centers
    Berlin’s unique scientific landscape ensures cooperation opportunities with institutions of higher education and over 300 public and private research facilities.
  • Creative environment
    Hotspots, sector meet-ups and events enable an uncomplicated vital exchange within the start-up scene.
  • Attractive living environment
    Reasonable rents and living costs in an international metropolis

Updated: November 2018

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.