Central Europe's innovation hub
Since 2015, growth in Germany has outpaced other European tech regions including the UK, Sweden and France due to landmark funding rounds by national ventures. Germany had 46 companies among the 1,000 publicly listed companies worldwide with the highest R&D spend, and filed the largest number of patents in Europe in 2014, ranking third in the world after the US and Japan.
The birthplace of startups
With its vibrant, creative culture and extensive ecosystem of incubators and accelerators, Berlin is ideally positioned as a landing pad site for emerging Australian companies.
A 2015 EY report (PDF) found that Berlin had become synonymous with creativity and innovation in Central Europe. The city has the fastest-growing startup ecosystem in the world, with a new business founded every 20 minutes, according to a 2015 Compass report. Every year around 500 new digital technology companies start up in Berlin. The city's notable startups include Soundcloud, 6Wunderkinder, ResearchGate, Number26 and Delivery Hero.
The Berlin Landing Pad is located at coworking space betahaus – one of Berlin’s best known locations for startups. betahaus brings together international startups and major German and European corporations to facilitate investment opportunities and the nurturing and acceleration of new technologies and business ideas. betahaus aims to foster entrepreneurship, creativity, rapid prototyping and innovative product development.
"betahaus is the go-to place in Berlin for startups and entrepreneurs – to exchange knowledge, inspiration, and ideas, to work together and grow business. We’re excited to have Australian startups here, and to make them part of the community." Maximilian von der Ahé, CEO & Cofounder
Extensive venture capital network
Berlin has a well-established innovation ecosystem of incubators, accelerators, investment firms and angel investors with a deep understanding of supporting startups. According to Germany Trade and Invest, Berlin attracted A$2.8 billion in venture capital during 2014, with angel investors funding startups across areas like healthcare, ICT, advanced manufacturing, smart transport and energy.
Access to multinationals
Berlin's success as a startup hub has attracted attention from technology multinationals such as Microsoft and Google. Coca-Cola, Axel Springer and Deutsche Telekom have a track record of opening incubators and initiating accelerator programs to identify appropriate startups, which they then provide with intensive support over a period of time. Allianz, Bayer, BASF, BMW, Bosch, Daimler, Lufthansa and Siemens are also investing in startups.
Strong commercial ties with Australia
Australia and Germany have a solid commercial relationship based on strong investment ties – more than A$100 billion in two-way investment. Germany is also one of Australia's key science collaboration partners, with 516 active bilateral agreements between Australian and German institutions.
Gateway to the European Union
The Berlin Landing Pad will provide access to Germany – the world's fourth-largest economy and the largest economy in Europe. In addition, the Berlin landing pad will also act as a gateway for Australian startups to access a network of opportunities and locations across Europe.