Munich is Germany's start-up capital - at least according to Hubert Aiwanger

Jan Schulte Jan Schulte | 16.01.2023

In 2022, more startups per inhabitant were founded in Munich than in Berlin. The Bavarian Minister of Economic Affairs therefore praises the city's own economic policy.

In 2022, 14.5 startups per 100,000 inhabitants were founded in Munich - and thus, for the first time, more than in Berlin in relative terms. The capital comes in at 13.6 startups per 100,000 inhabitants. These figures come from the report of the German Start-ups Association. According to the report, there were 215 start-ups in Munich, while there were 501 new start-ups in Berlin. Nationwide, start-ups fell by 18 percent last year.

The Bavarian Minister of Economic Affairs, Hubert Aiwanger (Free Voters), sees this as a confirmation of his "Gründerland" initiative. Through competitions such as "Start?Zuschuss!" and investments from the Bavaria 2 Growth Fund, he said, the Free State supports start-ups both in the founding phase and in the growth phase. Many companies are being created in the B2B sector and in the high-tech sector, according to the report.

"Munich is Germany's new start-up capital," says Aiwanger. But Berlin's Senator for Economics, Energy and Operations is also certain: "Berlin is the top destination for startups, talent and investors." According to Ernest & Young's Start-up Barometer, a total of 9.9 billion euros flowed into German start-ups in 2022. Of this, 4.9 billion euros went to Berlin - and 2.4 billion to Bavaria.


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