North Rhine-Westphalia is one of the top locations for startups in the whole of Europe. The state offers excellent conditions for innovative business ideas:
And this pays off: NRW has a connected and close-knit startup ecosystem that is characterized by its diversity and dynamism.
Germany's most populous and economically strongest state offers startups a large sales market and, with its high density of industrial and commercial companies, many potential customers and partners. Thus, in addition to 17 of the 50 German companies with the highest sales, many well-known SMEs and family-owned companies are also located in the state. Furthermore, a strong information and communications technology (ICT) sector is clearly driving digital transformation in the state. Many startups benefit from networking and entrepreneurial concentration as they develop their business models. Today, around 65 percent of all startups in NRW already generate more than 50 percent of their sales in the B2B sector.
Another important location factor is the large number of universities and research institutions, which provide a large talent pool of well-trained specialists. For example, more than 90,000 young people in NRW are studying electrical engineering/information technology and computer science – and their numbers are rising. In addition, many startups are spin-offs from successful research projects at universities and non-university research centers.
Startups will find numerous local creative scenes here."Urbanana," for example, is the banana-shaped urban jungle that stretches from the Ruhr metropolis to Düsseldorf and Cologne. Not everything is smooth and perfect here, but people who love and help to shape their urban space live here, open to new inspirations.
To support international tech companies seeking to expand into Germany, NRW provides the "Startup Welcome Package," a grant specifically designed to facilitate a smooth entry into the German market.
A 10,000 euro grant that can be used for:
Rent for at least 90 days in a coworking space in NRW
Tailored consulting services, including B2B support, tax advice, mentoring, and coaching
For inquiries and to apply for the Startup Welcome Package, please contact NRW.Global Business.
International networking plays a crucial role in this context. To this end, the state of NRW developed the digital network platform NRW.Global.Connect with the aim of connecting NRW's economy with innovation hotspots worldwide. The first partner country of the portal is the startup hotspot Israel, with further international cooperations planned.
NRW.Global.Connect supports established NRW companies and institutions in innovation and technology scouting and offers opportunities for direct contact and initiation of partnerships with international startups. The startups, in turn, receive suggestions for possible business contacts in NRW for their products or product ideas via the platform in a matchmaking process. NRW.Global.Connect gives research institutions from Germany and abroad the opportunity to find project and application partners for research ideas, patents and other transfer offerings.
Excellent universities and research, strong networks, extensive funding opportunities, DigiHubs, accelerators and incubators – this is how startups get support.
These startups from NRW are now shaping their industry.
These startups from NRW are causing a stir in their industry with new approaches.
The photographic material was kindly provided by:
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