When it comes to startups and innovation, one inevitably thinks of Silicon Valley and all the super-successful companies it has already spawned. Google, Facebook, and the like have become an integral part of our daily lives.
But of course, there are also locations far away from sunny California that are ideal for founding a startup. If you look across Europe, several startup hotspots catch your eye, where innovation and technological progress are constantly being driven forward: London, Stockholm, Barcelona, Berlin — and, of course, Munich.
Munich is an attractive location for startups
The hard facts speak for the state capital. It is not for nothing that calibers such as FlixBus, eGym and Magazine from Munich.
Munich – Where Business Is Done
ABC Venture Gates once illustrated what makes the location so special and at the same time included practical questions such as: How much does a cappuccino cost? And how expensive are the rents really?
A Deloitte study from 2016 shows that Munich, Germany's number 1 digital location , ahead of Berlin, Hamburg, and Cologne. In addition to the availability of skilled workers, the innovative strength and attractiveness of the cities compared were also taken into account in the evaluation. Thus, ideal conditions for founders to establish their startup here and follow in the footsteps of FlixBus and others.
