As of: March 26, 2024, 6:37 a.m
By: Ulrike Hagen
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Berlin is not only the most popular location for starting a business in Germany, it also offers the best conditions, according to new analyses.
Berlin – 468 start-ups were founded in Berlin last year alone, making the capital the most popular location for start-ups in Germany.
New evaluations have now shown that the metropolis also offers the best conditions as a business location for founders in Germany.
Not entirely insignificant, since on average 20 percent of newly founded companies fail within the first year, according to the start-up platform
failory
.
Berlin is one of the best cities for start-ups - the capital is not only the most popular location in Germany for founders, it also offers the best conditions.
(Symbolic photo) © Imago/Eva Kerrigan
Berlin number one in terms of number of start-ups in 2023
Despite the weak economy and a lot of uncertainty in the economy, in 2023, according to the Federal Association of German Start-ups, the capital moved back to the top, ahead of Munich, not only in absolute numbers, but also in terms of the number of inhabitants.
It's likely to stay that way, because the evaluations by the experts at the
Knowledge Academy
show that the best conditions can be found there nationwide.
Berlin is one of the best cities for start-ups - according to analyses, the capital is the only place in Germany to take a respectable seventh place.
© The Knowledge Academy
Rents, office space, infrastructure – Spain dominates the ranking of start-up paradises
The analyzes were based on factors such as the number of available office spaces, the average broadband speed in the fixed network, the rent index, the average values for universities and the local public transport infrastructure.
Although Spain dominates the first three places, with Madrid in second place and Barcelona in third place, the winner in a European comparison is Paris.
Among the top 10 in Europe: Berlin is one of the best cities for start-ups
Among the German cities, only Berlin, which is also one of the best city break destinations in the world, can be found in the top 10 - in a respectable seventh place.
Among the top 10 QS top universities, Berlin achieved the highest average value for universities (at the time of the analyzes: 77/100, now 79.3).
As the leading city for start-ups in Germany, last year alone 39 percent, namely 2.4 billion euros, of the risk capital flowing into Germany went to start-ups in Berlin - even if the financing crisis for start-ups in Germany is growing overall.
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Seven of fourteen Grownups who are on their way to becoming unicorns come from Berlin
Of the 14 German grownups that are currently on the way to becoming unicorns - i.e. have a valuation of over $1 billion and whose shares are not traded on a stock exchange - seven alone are companies based in Berlin, reports deutsche-startups .de: the doctor database Amboss, the “digital family doctor’s practice” Avi Medical, Camunda, which offers software for the automation of business processes, the long-distance bus search Distribusion, the FinTech Moonfare, e-commerce OS Spryker, location marketer Uberall and the Urban Sports Club .