According to the KfW Banking group, the number of start-ups has increased by 10,000 compared to 2018. (picture alliance/dpa)
In 2018 there were around 70,000 start-ups in Germany. This means that the number of companies had increased by around 10,000 compared with the previous year, the KfW Banking Group announced in its latest survey, which it published on Monday. KfW counted a total of 129,000 active founders in the same year. This means that there are slightly more than 1.8 founders for each start-up. The KfW Group defines a start-up as a company that was founded less than five years ago, whose founders are not freelancers and which is driven by innovation and growth.
The start-up scene continues to be dominated by men: According to the study, 9 percent of the companies founded by men exhibit these and other start-up characteristics. This is the case for only 3 percent of businesses founded by women. "Men are more likely to start a business commercially and as full-time employees, are 1.7 times more likely to have co-founders or employees" and are at least twice as likely to be growth-oriented, the study says.
KfW is therefore campaigning to attract more women to technical and scientific courses of study and professions. The founders of technology-oriented start-ups in particular often have a corresponding background. In addition, more entrepreneurial and business skills should be taught at school, the bank says.
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