On 29.9. the German Startup Monitor 2022 was published. As a member of the DSM partner network, the answers of our Startup Association members also provide important study insights.
We have now collected a few voices from our founders who refer to 3 DSM findings as examples. In our opinion, this gives the statements even more context. We will also use these findings and opinions of our members as discussion starters so that we can further strengthen the startup ecosystem from within our network.
We believe in open discourse, which we believe is becoming more and more important even far from the Berlin metropolis, on the Rhine and Ruhr.
We will, of course, also invite to these discussion rounds. We think that there are some approaches and possibilities to discuss, which will not only benefit our association area (government district Düsseldorf). We will communicate dates in good time via our channels and of course invite people from all networks.
At this point, we also do not want to forget to explicitly highlight the special work of the DSM, respectively the Bundesverband Deutscher Startups, who in turn do not forget to thank the partner network for the distribution of the survey. We do this with pleasure and regularly encourage the founders to participate, because the importance of such a basis for discussion and improvement of the framework conditions is enormous.
Let us come to the 3 findings of the study, among many others, commented from our members with short quotes:
Startups bring new technologies into practice
The findings of the DSM match my perception. It is the startups that are stepping on the gas pedal in the use of new technologies in Germany.
I am pleased that the use of AI, Industry 4.0 and IoT continues to gain in importance among startups. However, I see a lot of catching up to do in the areas of Web 3.0 and Metaverse so that we don’t miss the boat internationally.
Introducing new technologies in the field of Industry 4.0 poses challenges for medium-sized businesses in particular. It is startups that can offer intuitive solutions tailored to the requirements of SMEs.
More female founders but still much to do
The trend is positive but the slope is too low. Today’s society needs more than 40% female founders.
Entrepreneurship can be a way to express your believes, rebele against the system and actively drive change. I have a feeling that today‘s crisis motivated many women to start impact driven businesses.
Diversity is a key driver for innovative and profitable business ideas. It must be further demanded and promoted.
Founders become investors
It is important for the development of the German startup ecosystem that experienced/successful founders – besides providing their network & know-how – also step in as early-stage capital providers.
Founders understand startups and can bring in not only money but also contacts for customer acquisition. An angel investment can also be a good way of spreading risk.
It is the yardstick par excellence that describes the vitality of the respective ecosystem. With the current quota of founders acting as business angels, we still have a lot of room for improvement. We should therefore do everything we can to increase the proportion.