Economics ministers meet in Stuttgart: entrepreneurial spirit for the future!

Economics ministers meet in Stuttgart: entrepreneurial spirit for the future!

An important meeting of the economics ministers of the federal states will take place in Stuttgart, chaired by the incumbent chairman Dr. Nicole Hoffmeister-Kraut was initiated. The two-day event will take place at the renowned Mercedes-Benz Museum, with the main theme being positive entrepreneurship and the associated innovation and value creation opportunities through start-ups and company succession. This session aims to improve the framework conditions for founders and, in particular, to promote independence among young people. The focus is on central aspects such as financing and overcoming labor law challenges in order to reduce bureaucratic hurdles and attract talented specialists.

On the first evening, Ola Källenius, CEO of the Mercedes-Benz Group, will appear as keynote speakers together with Jonas Andrulis, founder and CEO of Aleph Alpha. Katherina Reiche, the Federal Minister for Economic Affairs and Energy, will enrich the conference on June 5th and join in the discussions. Given Baden-Württemberg's rich tradition in the automotive industry, Dr. Hoffmeister-Kraut emphasize the country's role as an important location for founders.

Europe's best start-up center at a glance

The relevance of the topic of entrepreneurship is underpinned by current awards. The Financial Times has named UnternehmerTUM, Germany's leading start-up center, as the best in Europe. According to the “Europe’s Leading Start-Up Hubs” ranking, UnternehmerTUM is at the top of 125 European start-up centers. Hexa in Brussels and the British SETsquared take second and third place. UnternehmerTUM is particularly impressive with its strong network, which includes large companies, medium-sized companies, investors, research institutions and political actors.

Students at the Technical University of Munich (TUM) have the opportunity to benefit from the courses at UnternehmerTUM as part of their degree programs. For this ranking, graduates of the start-up centers as well as investors, entrepreneurs and researchers were also surveyed, with the successes of the start-ups also being taken into account in the evaluation. The achievements of UnternehmerTUM therefore represent a solid basis for the discussions at the conference in Stuttgart and show what opportunities and challenges the start-up landscape in Germany offers.

In summary, the exchange of knowledge and experience at the meeting of the economics ministers will be an important step towards greater support for start-up initiatives and strengthening the entrepreneurial spirit in Germany.