After the overwhelmingly positive response from the Startup Europe Summit, a two-day conference held at Factory Berlin that brought together the European tech scene under one roof, it is clear that the Factory modelhas the potential to scale beyond Berlin. Conversations we had with key entrepreneurs, investors and politicians attending the Summit confirmed the need for similar spaces in developing tech ecosystems around the world. The team that helped build Factory’s community in Berlin, and connected it with the wider, international startup scene, will now focus on expanding it internationally.
The two founding partners Udo Schloemer and Simon Schaefer have decided to reallocate their focuses. Schaefer and his team will concentrate on internationalisation while Schloemer and his team will take over the continued development of the Berlin campus.
“With Factory Berlin, we have developed a location that has turned into a focal point of the Berlin startup scene and a meeting place for the old and new economy”, said Udo Schloemer, “We want to continue this success story and keep developing it further.”
The Factory concept was developed in 2011. Today, Factory is a network of globally successful companies, established startups and early stage teams with members comprised of over 33 nationalities. International locations will only serve to grow and strengthen this community.
Simon Schaefer elaborated “Factory has come to the attention of startup entrepreneurs, investors and politicians throughout the world. We have had requests from a myriad of cities that want to have a Factory themselves and this is the challenge we are now focusing on. Stay posted for the announcement of new locations.”
This story was first published on April 5, 2015 at factoryberlin.com.