2024-09-29 17:15:35
Startups in Germany need money. Almost three-quarters want to raise external capital – but they are less likely to rate access to capital and finance positively.
Munich/Berlin.
Startups in Germany need money. In a survey presented by the “Federal Association of German Startups” in Munich, 74.1 percent said they want to raise taxes in the next twelve months. That’s 4.6 percentage points more than a year ago. In addition, capital demand is also high. While last year around 41 of the companies with capital requirements of less than half a million had enough capital, now it is around 30 percent. “Handelsblatt” has already reported on the initial follow-up.
At the same time, however, only under 30 percent of the surveyed companies have access to capital and investments in Germany as well. That’s 3 percentage points less than a year ago and 7 less than two years ago. Overall, startups are looking positively to the future: almost 80 percent expect their business situation to improve by the end of next year.
Overall, the ecosystem for startups in Germany is rated positively by 61 percent – a good three percentage points more than a year ago. Proximity to universities in particular is often cited as an advantage.
Many will set up their business abroad at some point
About 84 percent of the more than 1,800 respondents whose answers were included in the survey said they would start a business again. However, 26.9 percent of them will not set up their business in Germany, but abroad. That’s almost 10 percentage points more than a year ago.
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