The Startup Association and Accenture have determined the startup business climate as part of an ongoing study on New Work. The results among others: The startup business climate is rising to pre-crisis levels, and young companies are also more optimistic than the established economy.
The results of a recent study show that the mood among start-ups in Germany has improved significantly. Compared to June 2022, the business climate has risen by 8.2 points to 50.4 percent. The positive outlook for the future is particularly pleasing: two-thirds of the startups surveyed (67.0 percent) expect positive business development, compared to 54.2 percent in June 2022.
This positive result contrasts with the mood in the established economy, which has also improved slightly, but still falls short of the startups’ scores. Although industry sentiment seems to be improving again after a low point in October 2022, it does not reach the level of startups, which are much more optimistic with a score of 50.4.
The results of the study show that startups in Germany are confident about the future and expect positive business development. This positive development can be attributed to various factors, such as an increasing demand for innovative products and services, an improved financing situation for startups or a generally positive economic development.
“Startups and the entire technology industry are suffering from the tense situation. But the founders are not giving up, they see light at the end of the tunnel and are looking more positively into the future again. The startup mindset is characterised by a focus on entrepreneurial opportunities – this attitude is incredibly important right now,” emphasised Sebastian Günther (New Models for Growth Lead Europe, Accenture) at the presentation of the results of the New Work Study.
Overall, the results of the study show that the start-up scene in Germany continues to play an important role in the country’s economic development. They underline how important effective start-up support such as beyourpilot is for the positive development of start-ups in Germany. In addition to a good idea and a competent founding team, a successful start-up also requires solid financing and support from experienced mentors and networks. Especially in the initial phase, founders depend on this support to successfully build up their company and establish it in the long term.
“Less capital, fewer start-ups – the crisis has also been noticeable among start-ups in recent months. But: the mood has now clearly brightened. If we now set the right political course, we will emerge from the crisis with momentum. Start-ups need better regulations for employee participation. With the Future Financing Act, we now have the chance to finally make them internationally competitive,” explains Christian Miele (Chairman of the Startup Association).
In order to strengthen the start-up culture in Germany, it is therefore crucial that sufficient support offers are available for start-ups. This includes funding programmes, financing by investors or venture capital funds, but also mentoring programmes and networks – all of which beyourpilot provides as a joint project. Only in this way can startups develop successfully and play an important role in Germany’s economic development.
It is hoped that the results of this study will help to underline the importance of effective start-up support in Germany and increase efforts to promote start-ups. Only in this way can future founders have access to good support and thus make an important contribution to the economic development of the country.
The mood is improving: Compared to June 2022, the business climate among start-ups rises by 8.2 points from 42.2 to 50.4 Above all, the outlook for the future is more positive. While half of the respondents (49.3%) currently see a good business situation, two-thirds (67.0%) have a favourable future business expectation – compared to 54.2% in June 2022 Startups are much more optimistic than the established economy. Their sentiment is also slowly rising again after a low point in October 2022, but startups are well above this with a score of 50.4.
The data comes from the German Startup Monitor and a recent survey in which 205 founders were interviewed.