Those who want to start a business need appropriate infrastructure and instantly available office premises. With comparably low location costs and plenty of available space, Berlin provides start-ups with excellent starting conditions.
Furthermore, Berlin has the largest variety of coworking spaces in Germany. Coworking spaces are an ideal alternative for young start-ups that can’t afford their own offices yet. They moreover offer a good opportunity for exchange or to find new employees. In addition, new campuses emerge where several companies come together, for instance the start-up campus “The Factory”, supported by the online tycoon Google, or the Econa Internet Campus.
In addition, campus areas will be created, which will bring together several companies, such as the startup campus "The Factory," which specializes in IoT startups, or the H:32-Tower with a specialization in FinTech. Both facilities are part of the Berlin hub for IoT & FinTech as part of the DigiHub initiative from the BMWi.
In addition, Berlin’s young entrepreneurs have numerous maker labs, open workshops and do-it-yourself workshops at their disposal. Here they can learn how to handle high-tech devices, pass on knowledge and easily test new ideas without having high acquisition costs.
Berlin’s young entrepreneurs find appropriate technical infrastructure and networking opportunities in the numerous technolgy centers and business incubators. Start-ups benefit from affordable office space: the rent level in Berlin is significantly lower than in other international start-up hubs.
At a glance:
- Berlin has Germany’s most dense network of innovation and technology facilities.
- Nine university spin-off centers, including one at Charité, provide office space of approximately 4,000 m2 and jobs for about 600 founders.
- Eight technology-oriented innovation and incubation centers, e.g. in Adlershof or Berlin-Buch, provide a total of ca. 120,000 m2 space. The facilities are administrated by the Innovations Center Management GmbH (IZBM).
- Ten technology parks, particularly for companies in the healthcare industry, provide ca. 750,000 m2 of space.
- Three research facilities, the Fraunhofer-Institut, the Max Planck Institute and the Helmholtz Association of German Research Centres provide additional opportunities for young founders.
- Berlin has the largest variety of coworking spaces in Germany.
- Berlin is home to more than 120 experimental spaces, ranging from grassroot and coworking labs to university and company owned labs and incubators.
(Sources: techberlin.com, 2016; Startup Monitor, 2017)