Historically Germany has been called the land of poets and thinkers or Das Land der Dichter und Denker. Germany was recognized by the BBC for being the country with the most positive influence in the world three out of the last six years.
In the startup world, Germany is becoming one of the top places in the world for early-stage companies. Germany is a fantastic place to start your business and many early-stage startups are doing so and thriving. For some German startups moving their company to the US is better than staying in Germany. This is usually because they are already extremely successful in Germany and they want to repeat their business model here or because their product is a better fit for the US market than launching in Germany. Coming to NYC from Germany is not an easy process and the entrepreneurs that come over are highly motivated. The visa application is 200 pages long and the process takes four months. The local German community in Manhattan is growing every month and they have created some amazing communities and companies. Here is a quick and easy guide to German startups in NYC.
Click here to see the communities helping Israel startups move to NYC
For 60 years the German American Chamber of Commerce in New York has promoted commerce between Germany and the U.S. They are a long established and a modern service provider and a reliable partner in a German-Ame
For startups looking to expand and establish in America, Silicon Valley has traditionally been the next step. VentureOut hopes to change that. Not only is New York an international city full of business and cultural diversity but it’s the only US city where Venture Capital investment is on the rise. From creative industries, media and entertainment to financial services and enterprise solutions, New York’s culture of ambition is the ideal environment to launch an early-stage startup. For investors and partners, Venture Out helps attract international talent to NYC.
VentureOut will host STEP NYC, a German tech program in partnership with the German American Chamber of Commerce. STEP stands for the Startup Entrepreneurship Program, featuring Germany’s hottest tech startups in New York City. These startups represent the awesomeness of the German tech ecosystem. In this program, these startups will learn how to launch and raise capital in the US and get connected with some of the top tech influencers and investors in NYC.
German Accelerator supports high-potential German startups and emerging companies to successfully enter the US market and scale their business globally. They provide access to outstanding mentors, office space, valuable connections and the knowledge and expertise required to scale quickly. With offices in New York City focused on tech, startups have the opportunity to come to the US and be exposed to the dynamic and competitive international environment and dive into the spirit of the world’s premier centers for innovation and startup success.
The German Accelerator has selected six new startups, which they will be sending to New York this year. The funding program, which is financed mainly by the German Federal Ministry of Economics and Technology, allows founders to work and develop their business for some time in the US. The prerequisite is that the company’s product is relevant to the US market and the startup is well-financed to pay the costs incurred.
Well-known graduates of the program are software startups Signavio and Seerene. Both recently received new investments – Siganvio raised over 33 million dollars, and Seerene over five million dollars.The six companies picked for NYC this year are –
- Style Nest distributes 3D printed jewelry made of silver and fine polyamide.
- Staff Base is an app for companies for internal employee communication.
- Credit Shelf provides small and medium-sized businesses loans.
- Crealytics helps international eCommerce companies with a semantic technology to optimize their advertising.
- M-Way Solutions gives enterprise customers cutting edge mobile solutions for their company.
- Restube manufactures a rescue bag for water sports. The small deflated bag fits on your waist near your hip. In an emergency situation open the bag with a pull-cord and it will help you float on the surface.