Lack of Capital Drives German Startups to Emigrate

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Industrial migration in Germany is a topic of growing concern, which has profound economic and social implications. With the relocation of production facilities abroad, mostly in regions with lower wage costs, we are experiencing not only the loss of traditional jobs, but also a threat to Germany's industrial heritage. This migration has far-reaching consequences for regional economies and the social fabric of many municipalities. Companies are …

it-daily.net

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In Germany's startup scene, there is growing displeasure: around 26 percent of young technology companies seriously consider leaving the country – not for tax reasons or because of the shortage of skilled workers, but because there is a lack of sufficient risk capital. This is the result of a recent survey of 152 tech startups on behalf of the digital association Bitkom. According to the study, the economically tense situation has a clear impact…