Why Munich Germany‘s industrial tech hub plus a vibrant start-up ecosystem
MUNICH – A VIBRANT START-UP HUB
An excellent quality of life, the industrial tech hub Germany‘s plus a fully loaded start-up ecosystem – the Bavarian Capital Munich has it all! Bavaria’s capital city Munich is one of Europe’s top science and technology hubs, boasting a strong start-up community, industry led cooperation, significant flows of venture capital, and multiple start-up accelerators.
Numerous global players and leading German technology companies have headquarters based in Munich, making it easier than ever for start-ups to partner and do business
with a variety of technological industries. As a global industrial player, Munich Hub connects start-ups with multinationals like Microsoft, Google, and Intel, as well as 30% of DAX companies such as BMW, Siemens, Allianz, and Adidas.
Public and private investments in the knowledge-based entrepreneurship sector amount to € 375 million for R&D from private funds and € 77.3 million for cutting-edge research from public funds. This results in 15,000 patents a year and helps jumpstart around 580,000 small- and middle-sized enterprises.
On top of that, Munich is a “Top-5 Life Quality” city globally and Germany’s most livable city according to the Mercer Research 2016. The Munich metropolitan area is home to 5.8 million people and has the strongest economy of any German city.
Hanna, Mona, Elisabet, Swaroop, Jakob, Daniel NEOLEXON
“Exist is an excellent program to make your innovation ready for market and to prepare for investors. We were impressed how much support we got from institutions and the start-up network in Munich. Definitely a great opportunity!”Read more
Julia, Bastian BONAVAL
“Thanks to our EXIST-Scholarship we had the opportunity to work on our business idea, develop our product and win our first customers. The scholarship gave us the confidence and support to focus on our project. Without EXIST we would have had a much tougher ride. We highly recommend the EXIST program. Especially the mentoring and network is valuable. On top of that we benefited from the given office space in the centre of Munich.”