Startup Ecosystem NRW – Düsseldorf: A Location Assessment based on NRW Startup Reports

30. August 2024Hanns Tappen

Düsseldorf and Region Düsseldorf (administrative district) in Focus: Opportunities and Challenges for the Startup Ecosystem – The StartupDorf perspective, by Hanns Tappen

The NRW Startup Report 2024 clearly shows that Düsseldorf and the Düsseldorf region are on a promising path to establish themselves as key hubs for startups in North Rhine-Westphalia. While the region has already achieved much through innovative companies and strong support programs, challenges remain that need to be addressed. As StartupDorf e.V., we are committed to improving the framework conditions for founders to strengthen the location in the long term, allowing first-class entrepreneurship and innovation to continue to thrive in the Rhine and Ruhr regions!

Current Status: Positive Development with Room for Growth
The results of the latest Startup Report show that many startups rate the startup environment in NRW positively. Düsseldorf benefits from a strong network within the scene and a wide range of support measures. However, challenges remain, particularly in securing capital, accessing international markets, and networking with established companies, which must continue to be strategically tackled.

Our association initiatives, particularly with supporting members, are actively addressing these interface challenges and will continue to develop creative solutions for networking with established companies.

Turning Challenges into Opportunities
Compared to other German startup hubs like Berlin and Munich, Düsseldorf still has room for improvement in terms of access to capital and international networking. Yet, this is precisely where we see opportunities for sustainable development: Düsseldorf can further enhance its attractiveness through targeted support and the expansion of existing networks (public-private and especially private-private), making it a magnet for investors and talent.

Focus on Female Entrepreneurship
One of the key topics of this year’s report is Female Entrepreneurship. Female founders face specific challenges, particularly in raising capital and balancing family and business. It is essential to expand targeted support and increase the visibility of female founders. This way, Düsseldorf can grow as a hub for a diverse and inclusive startup scene. StartupDorf has always been a strong advocate for gender-neutral entrepreneurship and sees an increasing number of exciting, targeted offers. We organise events ourselves and are always happy to cooperate with particularly well-positioned initiatives in order to realise improvements. Pragmatically speaking: Everything that leads to more founders and successful startups needs to be pursued.

An Outlook: Interconnected Economic Region as a Startup Hub
Düsseldorf, the Düsseldorf region, and the broader Rhine-Ruhr economic area have the potential to develop into leading hubs for innovative and sustainable startups in Germany and Europe. However, this requires ongoing efforts to strengthen the ecosystem, remove existing barriers, and create new opportunities. We are confident that with hard work and a clear focus on the needs of startups, long-term success will follow. Especially in light of shrinking budgets and funding initiatives, more private initiatives like StartupDorf are needed – independent players working from the founders’ perspective, fostering an entrepreneurial spirit and enthusiasm for tech startups. We view this as a unique form of “life insurance” for innovation and startup ecosystems.

Shaping the Future Together
The Düsseldorf economic area offers great potential for startups, scaleups, and grownups that needs to be further developed. As StartupDorf e.V., we will continue to work on continuously improving the startup environment and advancing the startup scene in the region, especially in Düsseldorf. Together, we can make NRW an even more attractive state for founders and create a sustainable success story for the state capital.

Sources:

Hanns Tappen

Hanns Tappen is the initiator and founding chairman of StartupDorf e.V. With betawerke.de, he advises at the intersection of startups with corporates and builds products for the startup ecosystem. In addition, he has been a mentor, coach, angeladvisor for founders* and startups for more than 10 years. As a startup evangelist Hanns is active in various boards, initiatives and startup programs as well as jury's.

Since 2013

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40221 Düsseldorf

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Made with love in Düsseldorf.

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