Germany is one of the world’s largest and most stable trading economies while still being well diversified and supported by a highly skilled workforce, a long track record of development and qualitatively high research, a positive social climate as well as a stable legal environment and a well-functioning infrastructure.
Also, the political and economic framework offer high security and the legal system protects the interests of investors when it comes to industrial and intellectual property. At the same time, Germany belongs to the top ten of most innovative countries worldwide while being strong in transferring research into practical applications. The country is also well-known for its strong start-up economy, again ranging within the top ten and cities like Berlin or Munich offering a big range of experts and connections.
Furthermore, the German government offers different special programs that can help companies by offsetting some of the upfront costs of investment, such as grants for hiring, so-called GRW grants as well as interest-reduction loans to name only a few.
Germany is the largest consumer market in the European Union with a population of 82.4 million. It is the second-largest importer and third-largest exporter of consumer-oriented agricultural products worldwide and by far the most important European market for foreign producers. Combined with its geographical location in the middle of Europe, Germany is a powerful economy and bears great possibilities for entrepreneurship of any kind.