17/11/2020
Germany's startup ecosystem development policy - Part 2In this part, we are diving into the impact of Germany's startup ecosystem development policy on Berlin. Institutions and innovation centers in Berlin are also noteworthy remarks of the city. A lot of salient brands such as Betahaus, Factory Berlin, Silicon Allee, Mindspace, Hubraum, … are highly rated for its space, location and supporting activities by startups as well as the communities. Betahaus, the most outstanding name, is one of the earliest co-working spaces in Berlin, which has developed into an internationally famous startup supporting complex. With a number of global projects such as Betapitch, BetahausX, Startup Tour, startups all around the world can participate in these projects in order to get preferential treatments from Betahaus and Berlin city. In addition, Berlin is very innovative when making use of city space and facilities that support startups, as shown by considering the public places as a commodity to be sold for who has the best action plan. This policy not only encourages organizations to make the most effective and efficient plan but also indirectly guide institutions and organizations towards common areas to support startups. As a result, centralized service zones are established, and service providers, incubators, co-working spaces, ... are gathered in the same space, creating the greatest convenience and support for startups.
In order to promote promotion and attract international resources to the city, Berlin is the place for regional and international startups and technology events such as IFA, Disrupt Berlin, Lean Startup Summit, Tech Open Air, ... Among these, IFA, held annually in Berlin, is the world's largest exhibition event on consumer electronics and technological advances. At IFA, technology businesses have the opportunity to display and promote the latest products to investors, customers and related and potential partners. In addition to German businesses, IFA 2019 has attracted speakers, investors and businesses from over 130 countries around the world, with more than 1800 products being exhibited, 250000 attendees and more than 6000 journalists and press agencies came to cover and deliver news of the event.
While startup ecosystems across the globe have taken a hit during the pandemic, we are already seeing signs of recovery across Germany’s startup scene, from the creation of new accelerators and venture capital firms to multi-million euros funding rounds. That has shown the German government intention to continue growing its startup ecosystem into the future with the significant economic support during the crisis such as a €2 billion state aid package to keep struggling startups afloat.
It can be seen that Germany has developed a startup ecosystem based on the country's existing economic strengths in manufacturing and mechanical engineering, along with following global trends in digital transformation and developing technology startups as well as always garnering a great deal of attention from the Government. The development of institutions which support startups in Berlin is also an innovative policy that facilitates meetings and enhances the connection between ecosystem stakeholders and startups, thereby contributing to the creation of new opportunities and cooperation. It is the combination of great vision, suitable policy and creative processes that make Germany one of the leading countries in supporting and developing an innovative startup ecosystem.
Here is the first part of this article: http://startup.gov.vn/Pages/chi-tiet-tin-tuc.aspx?l=Tintucsukien&ItemID=298
In this part, we are diving into the impact of Germany's startup ecosystem development policy on Berlin.
Institutions and innovation centers in Berlin are also noteworthy remarks of the city. A lot of salient brands such as Betahaus, Factory Berlin, Silicon Allee, Mindspace, Hubraum, … are highly rated for its space, location and supporting activities by startups as well as the communities. Betahaus, the most outstanding name, is one of the earliest co-working spaces in Berlin, which has developed into an internationally famous startup supporting complex. With a number of global projects such as Betapitch, BetahausX, Startup Tour, startups all around the world can participate in these projects in order to get preferential treatments from Betahaus and Berlin city. In addition, Berlin is very innovative when making use of city space and facilities that support startups, as shown by considering the public places as a commodity to be sold for who has the best action plan. This policy not only encourages organizations to make the most effective and efficient plan but also indirectly guide institutions and organizations towards common areas to support startups. As a result, centralized service zones are established, and service providers, incubators, co-working spaces, ... are gathered in the same space, creating the greatest convenience and support for startups.
In order to promote promotion and attract international resources to the city, Berlin is the place for regional and international startups and technology events such as IFA, Disrupt Berlin, Lean Startup Summit, Tech Open Air, ... Among these, IFA, held annually in Berlin, is the world's largest exhibition event on consumer electronics and technological advances. At IFA, technology businesses have the opportunity to display and promote the latest products to investors, customers and related and potential partners. In addition to German businesses, IFA 2019 has attracted speakers, investors and businesses from over 130 countries around the world, with more than 1800 products being exhibited, 250000 attendees and more than 6000 journalists and press agencies came to cover and deliver news of the event.
While startup ecosystems across the globe have taken a hit during the pandemic, we are already seeing signs of recovery across Germany’s startup scene, from the creation of new accelerators and venture capital firms to multi-million euros funding rounds. That has shown the German government intention to continue growing its startup ecosystem into the future with the significant economic support during the crisis such as a €2 billion state aid package to keep struggling startups afloat.
It can be seen that Germany has developed a startup ecosystem based on the country's existing economic strengths in manufacturing and mechanical engineering, along with following global trends in digital transformation and developing technology startups as well as always garnering a great deal of attention from the Government. The development of institutions which support startups in Berlin is also an innovative policy that facilitates meetings and enhances the connection between ecosystem stakeholders and startups, thereby contributing to the creation of new opportunities and cooperation. It is the combination of great vision, suitable policy and creative processes that make Germany one of the leading countries in supporting and developing an innovative startup ecosystem.
Here is the first part of this article:
http://startup.gov.vn/Pages/chi-tiet-tin-tuc.aspx?l=Tintucsukien&ItemID=298