Startups in Germany - statistics & facts
Germany is ranked among the leading countries in the world for startups. There are a lot of factors that need to align in order for a new company to see success, there needs to be secure financial backing, and the relevant market also needs to be in a good position. Unlike more established companies, startups are expected to have rapid employee and sales growth. They are also often associated with being innovative in the products or services they offer, their business model and/or the technology they use which also involves a lot of outgoing costs.
