As the “Berlin builds businesses” study demonstrates, the German capital has the chance to become Europe’s start-up hub – assuming it makes a concerted effort to do so.
Five initiatives can strengthen the local start-up scene for the long term in several innovative focus clusters: digital tech, biotech/med tech, and urban tech. Berlin could gain an additional 100,000 jobs by 2020 as a result. Besides job opportunities, human capital incentives and networks, Berlin has more reasons to attract young entrepreneurs and venture capitalists to start their business here. For more details about Berlin’s five initiatives, please read here.