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Berlin to go, english edition, 03/2017

  • Text
  • Digitization
  • Berlin
  • Digital
  • Innovation
  • Startup
  • Innovative
  • Printing
  • Fraunhofer

NEWS TO GO 1 2 3

NEWS TO GO 1 2 3 Continued Growth A recent survey carried out by Creditreform Berlin Brandenburg and Investitionsbank Berlin revealed a buoyant mood among Berlin’s small and medium-sized enterprises (SMEs): 69.3% of the roughly 1,300 companies surveyed described their current business situation as good to very good. The share of positive appraisals was noticeably higher than in 2016 (64.5%) and remains at an all-time high. Particularly in the construction sector, more than three-fourths (76.2%) of respondents described their current business situation as good or better. Berlin Maintains Status as Germany’s Startup Capital The latest edition of Ernst & Young’s “Startup Barometer Germany” shows that Berlin continues to hold the dominant position among German startup regions. In the first six months of 2017, startups in the capital accumulated an investment volume of almost €1.5 billion, the equivalent of 68% of the total investment volume nationwide. Of this total, €747 million alone went to two major deals – Delivery Hero and Auto1 – that took place in the first half of the year. As Berlin Senator Ramona Pop notes, “Berlin is Germany’s startup capital, both in terms of the number of new companies and the total sum of venture capital. The city is clearly ahead in many areas.” More Than 6,000 New Jobs In the first half of 2017, 6,443 new jobs were created in the 164 projects supported by Berlin Partner alone. This marks an increase of 52% over the same period in the previous year. The investment volume grew even more rapidly, that is, by 75% to € 356 million. There was an especially large increase in the level of third-party funds for innovation; these funds increased by 333% in the first six months of 2017 from €24.5 million to €106 million, more than quadrupling their number. “With more than 6,000 new jobs, we’ve almost already reached the total number from 2016 after only six months,” noted Dr. Stefan Franzke, Managing Director of Berlin Partner. 6

4 5 6 Berlin is Top IoT City As more and more machines and measuring devices become networked in the Internet of Things (IoT), digitization is now entering a new phase in which value creation is increasingly shifting from hardware to software. As a leading IoT location, Berlin is profiting considerably from this development. According to a recent study by Technologiestiftung Berlin (TSB), almost half of all IoT companies have their head offices in Berlin, where they are working on especially promising technological fields at a higher rate than the federal average. The study offers an overview of the scene and examines its future potential. The noticeable development is taking place first and foremost in young Berlin-based startups supported by an ideal infrastructure of accelerators, incubators and venture capital providers. Fourth in Global Congress Ranking Berlin hosted 176 international association congresses in 2016, which put it in fourth place on the current rankings issued by the International Congress and Convention Association (ICCA). The top three cities are Paris (196), Vienna (186) and Barcelona (181). “Berlin continues to assert itself among cities vying to host international congresses and conventions,” notes Burkhard Kieker, Managing Director of visitBerlin. According to official statistics from the Berlin Convention Office at visit- Berlin, a total of 137,500 gatherings took place last year in the capital – a new record for congresses and conventions in Berlin. The city is particularly popular among medical and science-related congresses as well as IT events. Emerging IoT & Fin- Tech Hub As part of the Digital Hub Initiative launched by the Federal Ministry for Economic Affairs and Energy, a consortium comprised of the Factory, Fraunhofer Center for Digital Transformation, NBT performance marketing agency and FinLeap was given the task of generating an IoT and fintech hub in Berlin. Berlin’s role as Germany’s digitization capital will no doubt be further strengthened by the two representative locations of the IoT and fintech hub. “The hub concept brings us closer to our goal of linking new digital businesses with the digital transformation of existing companies. It enables us to network Berlin’s established economy with startups and young founders in all business sectors in the city,” says Ramona Pop, Berlin’s Senator for Economics. 7

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