Brigitte Zypries, Federal Minister for Economic Affairs and Energy, and the BVDS present the fifth German start-up Monitor.

© German Startups Association (BVDS)

The 2017 edition of the Start-up Monitor 2017 (PDF 12,6 MB, in German) of the German Startups Association (BVDS) offers its fifth comprehensive overview of the German start-up scene. Brigitte Zypries, Federal Minister for Economic Affairs and Energy, presented it in Berlin today together with the BVDS.

Economic Affairs Minister Brigitte Zypries said: “The Start-up Monitor shows that start-ups have become a well-established sector in all of Germany’s regions. It is encouraging to see that the proportion of female entrepreneurs has risen for the third year in succession. However, at below 15% the figure is still far from adequate, so the question of female participation must remain on the agenda. We have taken many measures in the last four years to make life easier for and support start-ups in Germany. Our two acts to cut red tape are saving SMEs in particular something like €2 billion. We have various programmes to promote the growth of start-ups, as well as the High-Tech Start-Up Fund III and the establishment of a KfW venture capital company. The government needs to continue its work on rapidly completing the digital single market, strengthening digital education and infrastructure, passing an immigration act to facilitate the recruitment of foreign staff, and continuing to promote cooperation between start-ups and SMEs.”

At the 2015 IT Summit, the Economic Affairs Ministry launched a series of start-up nights. These give young companies the opportunity to present themselves to large companies and established SMEssmall and medium-sized enterprises in a specific branch. The Economic Affairs Ministry’s “Make it in Germany” campaign aims to attract qualified professionals from around the world. The Ministry’s Digital Hub Initiative is encouraging the establishment of digital hubs in Germany. The first five hubs were presented at the 2016 IT Summit, and further hubs were selected in 2017. You can find out more about the programmes of the Economic Affairs Ministry, such as “EXIST funding” (in German), “INVEST programme” (in German), “Coparion Fund” at: www.bmwi.de (in German).