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Bonn germany located in the western part of the country has a rich history of entrepreneurship dating back to the 19th century the city has a population of over 300000 people and is home to several universities including the university of bonn which has produced many successful entrepreneurs in terms of technological innovations bonn has been at the forefront of the telecommunications industry with companies like deutsche telekom and tsystems headquartered in the area other notable companies founded in bonn include haribo the famous candy manufacturer and solarworld a solar energy company bonn is also known for its key historical events including being the former capital of west germany and the birthplace of ludwig van beethoven the city has a living wage of 935 per hour and an unemployment rate of 65 despite its rich history and strong technological innovations the startup scene in bonn has struggled in recent years the citys gdp has been stagnant and the rate of new companies starting and ending has been relatively low however there are signs of hope with several new startups emerging in the area and the city government investing in initiatives to support entrepreneurship with its strong academic institutions and established companies bonn has the potential to become a thriving startup hub in the future