The Startup Monitor Ostwestfalen-Lippe puts a region into focus which seems to fly under the radar otherwise even though it is one of the economic powerhouses in Germany. The OWL region is among the five strongest regional economies in Germany. Compared with metropolitan areas such as Berlin, Munich, Paris, or London there are only sparse characteristic numbers for the regional startup ecosystem’s innovation power available.
Supported by the federal association Deutsche Startups e.v. and PwC, we now collect data on the status quo, the challenges, and potentials of the region each year. The innovation power in Germany not only hinges on the centers of startup culture Berlin and Munich but also depends on the capability of all the large, partly rural regions that have no major conurbations. To make the monitor as comprehensive as possible we realy on our trusted network both in the startup scence and among established companies so that we can gather honest and transparent data and insights.
Why Are Data and Insights From the German Hinterland relevant?
They not only serve as recommended actions for the region of Ostwestfalen-Lippe but also as blueprint for other regions outside of major conurbations in Germany and Europe. To safeguard our prosperity in Europe for the future we must make far-sighted decisions, find useful partnerships, and recognize future-oriented synergies. With this report we contribute to increase the visibility of regions outside of major conurbations in all of Europe.
The OWL Region Is One of the Strongest Regional Economies in Germany and Already a Role Model For a Successful Startup Ecosystem in Northrhine-Westphalia.
83% B2B STARTUPS
OSTWESTFALEN-LIPPE SHOWS WHAT THE CONTRIBUTION OF SUCH A REGION TO THE FUTURE ECONOMIC SUSTAINABILITY OF OUR COUNTRY CAN LOOK LIKE
ONLY BY CREATING HIGHLY DEVELOPED STARTUP ECOSYSTEMS ARE WE ABLE TO MAKE OUR ECONOMY SUSTAINABLE FOR THE FUTURE AND SAFEGUARD OUR PROSPERITY. THIS ESPECIALLY APPLIES TO A REGION LIKE OSTWESTFALEN-LIPPE THAT IS SP STRONGLY SHAPED BY ITS MITTELSTAND COMPANIES
Pioneers are needed to go where no one has gone before – to pave the way and serve as catalysts for established actors at the same time. Vital startup ecosystems such as the one in Ostwestfalen-Lippe are decisive drivers of such a transformation.
The Startup Monitor Ostwestfalen-Lippe supplements the German Startup Monitor in showing the importance of startups for Germany but also includes recommended steps towards a innovation landscape in this region that remains dynamic and sustainable in the future. Let's get to work together!
The cooperation with startups is enormously important for Miele. We work together with startup platforms and scout promising young companies worldwide, from Silicion Valley over Singapore to Sweden. Always with an eye towards applying their knowhow to our produces as well as towards new business models but also towards the digital transformation of our factories.
Restless capital markets, growing global competition, and the acceleration of technological progress are pervasive. In contrast to how the public perceives these changes, I believe that they present great opportunities for VC investors; and especially for such regions without major conurbations such as Ostwestfalen-Lippe
The Hinterland of Things Conference, the Pioneers Club, the Founders Foundation, the Denkwerk from Herford, StartMindenUp and the emerging Innovationszentrum Gütersloh offer excellent opportunities for successful developments. But, there is still much to do. At the start of their stuides, two thirds of university students can imagine becoming active entrepreneurs but also 5% of graduate manage to do so in the end.
STARTUP MONITOR Ostwestfalen-Lippe 2022
The 2nd Startup Monitor Ostwestfalen-Lippe was compiled by the Founders Foundation with support from the German Startup Association and PwC. The data has been collected by using the Germany-wide database of the Startup Association and expanding the data with region-specific information.
A look into the past helps to understand the future. Which is why you can last year’s monitor in our Archive.
Report Ostwestfalen-Lippe 2021
Get in touch with Louis if you have any questions about the Startup Ecosystem Report Ostwestfalen-Lippe.
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