Iris Gleicke, Federal Government Commissioner for the New Federal States and Parliamentary State Secretary in the Federal Ministry for Economic Affairs and Energy, is heading a business delegation to San Francisco from 12-15 September. In this way, Ms Gleicke is supporting eleven young eastern German firms which are presenting their business ideas to U.S. investors at TechCrunch Disrupt, an annual venture capital event.
Iris Gleicke stated: "In the last few years, eastern Germany has emerged as an outstanding base for start-ups, and the message is gradually getting across to other countries too. I believe that people in the United States are interested to learn about our young companies and their fresh ideas. TechCrunchDisrupt offers them a great opportunity to present themselves and build important contacts on international markets."
The eastern German firms taking part in the visit come from sectors like medical technology, mechanical engineering and ICT. The aim is to meet with the appropriate investors in San Francisco and expand further with their assistance. People in the United States and in Silicon Valley are especially open to investing capital in highly promising start-ups.