Björn Bollensdorff, co-founder of Panono, with a Panono Camera. It takes high-resolution 360° panoramas – and can be triggered by throwing it. Photo: Markus Waelde
Berlin, the startup metropolis Where ideas become a reality Berlin is the undisputed startup capital of Germany. Every 20 hours, a startup is founded in Berlin. The capital of Germany has long risen up the ranks to become one of the most coveted locations around the world. Today, there are already 60,000 people working in startups in Berlin. Berlin is a top location for large companies that develop and test new digital business models with their own innovation laboratories. The sciences are also firmly integrated into this dynamic start-up culture in Berlin. Academic startups which emerge in the direct periphery of the universities – founded by students, graduates and scientists – contribute significantly to the positive startup atmosphere in the city. Startups in all major fields of the future Industry surveys show the success of Berlin's startup scene: More than 80 percent of academic startups in the city are already turning a profit in their second fiscal year. Hence, they are a significant driving force behind the economic development of the city. Core sectors here include software and ICT services, the industrial sector, non-technical and technical research, media, and design. Almost 25 percent of academic startups already have the international markets firmly in their sights during their startup phase. During their entrepreneurial endeavors, they utilize proprietary patents, thus binding know-how in the city over the long term. And one other thing is also particularly remarkable: Women are involved in more than 40 percent of these startups. Networking and good infrastructure as major factors for success Numerous companies maintain regular contact with universities, where they utilize the infrastructure or forge partnerships for R&D. What this means is that know-how not only flows from the university to the young companies directly during the startup phase. But there are also other forms of collaboration. A functioning funding infrastructure – for example as part of the Germany-wide EXIST program or the funding programs of the Investitionsbank Berlin (IBB) – provide startups with valuable help in this regard. Furthermore, with its numerous technology and startup centers, Berlin offers the perfect basic parameters when searching for the right place for your own company.