Trending Unterschleissheim, Bavaria, Germany Startups

Bavaria located in the southeastern part of germany has a rich history of entrepreneurship and innovation from the early days of the industrial revolution to the present day bavaria has been home to some of the most successful companies and startups in germany and europe the regions population of approximately 13 million people is spread across cities such as munich nuremberg and augsburg as well as smaller towns and villages bavarias geography is diverse with mountains lakes and forests coexisting with bustling urban centers bavaria has a long tradition of technological innovation dating back to the 19th century when companies like siemens and bmw were founded in the region today bavaria is known for its strong focus on research and development particularly in fields such as biotechnology information technology and clean energy there are many companies headquartered in bavaria including bmw siemens audi and allianz to name just a few the region is also home to numerous startups many of which have emerged from the thriving university ecosystem in bavaria local universities such as the technical university of munich and the university of erlangennuremberg have produced successful spinoffs and startups in various fields bavarias living wage varies depending on the location but the minimum wage in germany as a whole is 960 per hour the unemployment rate in bavaria is relatively low at around 37 and the city level gdp is estimated to be around 680 billion the rate of new companies starting and ending in bavaria is difficult to measure but the region has a wellestablished startup scene bavarias startup scene is thriving because of its combination of strong research institutions established industries and a supportive ecosystem additionally the region has a wealth of experienced entrepreneurs and investors who are willing to help new companies succeed overall bavarias startup scene is a testament to the regions longstanding commitment to innovation and entrepreneurship with its combination of cuttingedge research established industries and a supportive ecosystem bavaria is wellpositioned to continue producing successful startups in the years to come