As Bitkom President Dr. Ralf Wintergerst explains:
“The WIN initiative is an important signal to start-ups and their investors in Germany. It will facilitate and improve the financing of many German start-ups. It will ensure that young tech companies in Germany grow faster, it will directly strengthen the technology and innovation location and indirectly the entire German economy. In order to remain internationally competitive, we need more digital innovations. Startups play a key role in this.
We have built up an excellent and internationally recognized startup ecosystem in Germany over the years, but there is a lack of capital. Currently, not even a fifth of startups say that there is sufficient venture capital in Germany, and 8 out of 10 have also recently noticed an increasing reluctance among investors due to the economic slowdown. The WIN initiative could be the much-needed signal of a new beginning. In order to close the capital gap in international comparison, further steps must be taken to make Germany more attractive for venture capital overall and to enable German start-ups to grow into European and global champions.”
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Further links
👉 www.bitkom.org
Photo: pixabay
