Germany's new startup hub? Hamburg beats Berlin for most business founders - News Summed Up

Germany's new startup hub? Hamburg beats Berlin for most business founders


Photo: DPAA new report shows that Hamburg beat out Berlin for the most entrepreneurs per capita last year, declaring the harbour city as the new capital for launching a business. According to the report last week by German government-owned bank KfW, Hamburg beat out Berlin for the first time in terms of the number of people who started a business per capita. Between 2014 and 2016, Hamburg had 253 new founders annually per 10,000 working people. The number of digital technology founders fell from 160,000 to 140,000 over the same time period. At the same time, the number of “founders by chance” - those who started a company to pursue a new innovation - continued to vastly outweigh “emergency founders” at 310,000 people in 2016.


Source: The Local June 06, 2017 12:11 UTC



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