Author: Josefina Nungesser, http://www.gtai.de
The digital hub initiative: Where to set up your business in Germany
The Digital Hub Initiative is run by the Federal Ministry for Economic Affairs and Energy and aims to strengthen Germany’s position as a world leading digital ecosystem and attractive business location.
Twelve Digital Hubs distributed over the whole of Germany form a strong network enabling the exchange of technological and business expertise, programs and ideas. Startups, established businesses and academics can join forces at each Digital Hub to find answers to the challenges of the digital age. Innovation programs support the development of new solutions in industry relevant fields, from artificial intelligence to new mobility to smart infrastructure. Each hub has a sector specific focus and interested startups can get in contact with the hub managers and become part of the hub network.
With its international appeal, the German ecosystem is one of the most relevant locations for business founders and investors from all over the world. Unlike other centers of digitization such as the Silicon Valley, the focus in Germany is not on one region, but on progress at multiple locations. German digital companies are among the world’s most valuable, while traditional corporations and SMEs continue to lead the markets and are at the forefront of digital development in their industries too.
A national Hub Agency based in Berlin coordinates the way the Digital Hubs work together. The Hub Agency also supports the Digital Hubs in the development of innovation formats and business models. In collaboration with Germany Trade and Invest, whose brief is to promote foreign trade and market locations, Digital Hubs are advertised abroad to raise the international profile of Germany as a forerunner in the digital space.
Driven by technical excellence and proven market competence, the Digital Hub Initiative is about producing innovative solutions and strong economic growth. National and international talent and investors are invited to be part of this digital success story by contributing with their business ideas and inspiration.