{"id":41809,"date":"2018-11-05T17:02:09","date_gmt":"2018-11-05T16:02:09","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=41809"},"modified":"2018-11-05T15:11:49","modified_gmt":"2018-11-05T14:11:49","slug":"startups-munich-start-up-scene","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/41809\/startups-munich-start-up-scene\/","title":{"rendered":"Startups value Munich's startup scene"},"content":{"rendered":"

A recent study found that Munich startups are extremely satisfied with their location. However, finding employees is a challenge.<\/strong><\/p>\n

Munich startups are very satisfied with the local startup ecosystem, according to a recent study by the consulting firm PwC. 96 percent of the 50 startups surveyed find the startup climate in Munich to be fairly good or very good. Of the 1,000 startups surveyed nationwide, only 86 percent are satisfied with their location. Founders rate the digital infrastructure on the Isar River particularly positively\u201498 percent find it at least good\u2014and the startup scene<\/a>, with which 96% are satisfied. Nine out of ten Munich startups like the opportunities for cooperation with established companies and the funding opportunities. 88 percent are satisfied with the proximity to universities, the infrastructure, and the access to financial resources. The positive results are also reflected in the fact that only one of the startups surveyed plans to relocate from Munich in the next 12 months.<\/p>\n

\u201cMunich offers the best conditions for founders and has established itself as one of the most important startup locations in Germany,\u201d<\/p><\/blockquote>\n

says Michael Kramer<\/strong>\u00a0from the PwC startup division Next Level Initiative<\/em>.<\/p>\n

Startups complain about recruiting problems<\/h3>\n

The list of negative location factors is led by the cost of living, with 50 percent of respondents dissatisfied. 38 percent are bothered by bureaucratic and legal hurdles, and 30 percent rate the availability of qualified employees as poor.<\/p>\n

Among startups complaining about recruiting problems, 63 percent cite a lack of the necessary skilled workers. 38 percent consider applicants' salary expectations too high. One in five companies struggles with competition from established companies.<\/p>\n

\u201cIn an economically strong region like Munich, startups face particularly tough competition for new employees \u2014 especially in the STEM field, where many large companies are also looking for people,\u201d<\/p><\/blockquote>\n

says Eckhard Sp\u00e4th<\/strong>, Head of the PwC office in Munich.<\/p>\n

"To win this competition, startups can no longer rely solely on flat hierarchies or a high degree of creative freedom. Salary is also playing an increasingly important role."<\/p><\/blockquote>\n

Only a few Munich startups receive venture capital<\/h3>\n

The vast majority of startups surveyed (80 percent) finance themselves from multiple sources. 90 percent invest their own money or family capital. Around two-thirds (63 percent) take out a loan. 22 percent receive public funding. 12 percent obtain capital through crowdfunding or lending platforms. Venture capital follows in the last place among the sources of funding: 10 percent received money from business angels, 8 percent from venture capital from companies, and 4 percent from private equity firms.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

In a recent study, Munich startups are extremely satisfied with the location. However, finding employees is a challenge. Munich startups are very satisfied with the local startup ecosystem, according to a recent study by the consulting firm PwC. 96 percent of the 50 startups surveyed rate the startup climate in Munich as fairly good or very good. \u2026<\/p>","protected":false},"author":26,"featured_media":37712,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1],"tags":[317,157],"acf":[],"yoast_head":"\nStartups sch\u00e4tzen M\u00fcnchner Gr\u00fcnderszene - Munich Startup<\/title>\n<meta name=\"description\" content=\"In einer aktuellen Studie zeigen sich M\u00fcnchner Startups mit dem Standort \u00fcberaus zufrieden. Probleme bereitet die Mitarbeitersuche.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/41809\/startups-munich-start-up-scene\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Startups sch\u00e4tzen M\u00fcnchner Gr\u00fcnderszene - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"In einer aktuellen Studie zeigen sich M\u00fcnchner Startups mit dem Standort \u00fcberaus zufrieden. Probleme bereitet die Mitarbeitersuche.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/41809\/startups-munich-start-up-scene\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-05T16:02:09+00:00\" \/>\n<meta name=\"author\" content=\"Simon Tischer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Simon Tischer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/41809\/startups-muenchner-gruenderszene\/\",\"url\":\"https:\/\/cms.munich-startup.net\/41809\/startups-muenchner-gruenderszene\/\",\"name\":\"Startups sch\u00e4tzen M\u00fcnchner Gr\u00fcnderszene - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/41809\/startups-muenchner-gruenderszene\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/41809\/startups-muenchner-gruenderszene\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/07\/20151118_RAW_Stadtansichten_AH_197200.jpg\",\"datePublished\":\"2018-11-05T16:02:09+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/cab6cd082a88a9e4b2d6ca61a9031a4d\"},\"description\":\"In einer aktuellen Studie zeigen sich M\u00fcnchner Startups mit dem Standort \u00fcberaus zufrieden. 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