{"id":91135,"date":"2023-05-08T13:58:00","date_gmt":"2023-05-08T11:58:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=91135"},"modified":"2023-05-08T11:55:27","modified_gmt":"2023-05-08T09:55:27","slug":"migrant-founders-monitor-2023","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/91135\/migrant-founders-monitor-2023\/","title":{"rendered":"Migrant Founders Monitor: One in five startup founders has a migrant background"},"content":{"rendered":"<div class=\"entry-content\">\n<p>Founders with a migration background, so-called migrant founders, make up a significant part of the German <a href=\"\/en\/63013\/startup-start-up-company\/\">Startup<\/a>ecosystem. Six out of ten German startups with a billion-dollar valuation have at least one migrant founder in the founding team, according to <a href=\"https:\/\/startupverband.de\/fileadmin\/startupverband\/forschung\/studien\/mfm\/MigrantFoundersMonitor2023_final.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Investigation<\/a>.<\/p>\n\n\n\n<p>German universities are an important pull factor for migrant founders \u2013 one-third of first-generation migrant founders, those who moved to Germany themselves, came to study. Another 22 percent of founders came to the country because of a job offer. Three-quarters of self-immigrated founders have an academic degree. <\/p>\n\n\n\n<p>The group of first-generation immigrants is significantly more internationally oriented than their counterparts without a migration background. Thirty-three percent of the companies they founded generate a larger share of their revenue abroad. Among all German startups, this figure is 20 percent. On average, half of their employees come from abroad. For all startups, the figure is 28 percent. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Migrant Founders Monitor: \u201cBreaking down barriers to immigration\u201d<\/h2>\n\n\n\n<p>First-generation migrant entrepreneurs, in particular, struggle with bureaucratic hurdles. Forty-two percent of them feel disadvantaged when dealing with authorities and agencies. Complex processes and a lack of digitalization are criticized, especially compared to other countries. One-third also experience difficulties in dealing with banks.<\/p>\n\n\n\n<p><strong>Magdalena Oehl<\/strong>, deputy board member of the Startup Association, says:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;The startup ecosystem is very international \u2013 even here in Germany. At the same time, there&#039;s still a lot of untapped potential. If we become more international and attractive to founders from all over the world, our country will benefit. This gives us the task of working with politicians to reduce barriers to immigration, streamline bureaucratic processes, and make all relevant information available in English. Given demographic change, we have no time to lose.&quot;<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Migrant Founders Monitor examines the strengths and challenges of migrant founders in Germany. Founders who have moved to Germany, in particular, struggle with bureaucratic hurdles, according to the study by the Startup Association and the Friedrich Naumann Foundation for Freedom.<\/p>","protected":false},"author":26,"featured_media":72420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1],"tags":[4287,157],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Migrant Founders Monitor: Jeder f\u00fcnfte Gr\u00fcnder hat Migrationshintergrund<\/title>\n<meta name=\"description\" content=\"Der Migrant Founders Monitor beleuchtet die St\u00e4rken und Herausforderungen migrantischer Gr\u00fcnderinnen und Gr\u00fcnder in Deutschland.\" \/>\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\/91135\/migrant-founders-monitor-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Migrant Founders Monitor: Jeder f\u00fcnfte Gr\u00fcnder hat Migrationshintergrund\" \/>\n<meta property=\"og:description\" content=\"Der Migrant Founders Monitor beleuchtet die St\u00e4rken und Herausforderungen migrantischer Gr\u00fcnderinnen und Gr\u00fcnder in Deutschland.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/91135\/migrant-founders-monitor-2023\/\" \/>\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=\"2023-05-08T11:58:00+00:00\" \/>\n<meta name=\"author\" content=\"Simon Tischer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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