Startup Genome Global Startup Ecosystem Report 2019 — Frankfurt highlights of an ecosystem in Activation Phase

“Although it is small, with only 300 to 500 startups, it is incredibly focused on Fintech. It has many Fintech accelerators and corporate startup innovation initiatives, about half of the VC funding in the ecosystem goes to the sub-sector, and the city is home to a very strong traditional financial industry with five Forbes 2000 companies in finance and the presence of the European Central Bank headquarters. That focus led to the largest German Fintech exit of all time taking place in the city (360T, for nearly $800 million) and high ecosystem performance across many Success Factors.” its how Frankfurt starts to be described at the Startup Genome Global Startup Ecosystem Report 2019. The report was presented yesterday officially at TNW conference in Amsterdam.

If it´s a topic you like, full report can be found here> https://startupgenome.com/reports/global-startup-ecosystem-report-2019

Our highlights:

What Makes a Successful Ecosystem?
Focus, Funding, and a Strong Foundation.

So can we celebrate that even if we keep being a small ecosystem, we have a dense population of startups in one sector facilitates the movement of ideas and people, so this can compensate for, say, a low score on Infrastructure and facilitate startup success?

So it´s not a suprise the following highligths on:

#Cibersecurity

Page 73 of the report, Frankfurt is again present, selected as one of the top european & middle east hubs to watch, together with Estonia, London andTel Aviv.

#Fintech

Page 75, Frankfurt is recognize as an ecosystem to watch, for Europe & Middle East, together with Bahrain, Berlin, Copenhagen, Estonia, Lithuania, London, Madrid, Paris and Tel Aviv.

Activation Phase Ecosystems

On page 92, Frankfurt has a good highlight for Local Connectedness — making to theTop 5 Ecosystems

• Taipei City
• Busan
• Calgary
• Manila
• Frankfurt

And on same page, making it to second place when it comes to Early-Stage Funding per Startup!

Atlantic Canada $383 k

Frankfurt $312 k

New Zealand $279 k

Belgrade and Novi Sad $222 k

Taipei City $206 k

Therefore, we are looking forward for next year edition, to check if and how the activation phase is progressing.

Full report

The full report comes on page 100 — also you can check it on-line here: https://startupgenome.com/ecosystems/frankfurt

Interesting the answer on Why you should invest in Frankfurt?

Answer:

Top 20 Global Ecosystem — Knowledge

Top 25 Global Ecosystem — Fintech

Also, reasons to move your startup to Frankfurt according to TQ and Startup Genome:

Abundant resources: There are over 3,300 angel investors in Frankfurt.
Startups in Frankfurt enjoy a supportive environment that includes 32 incubators, 24 coworking spaces, and 10 accelerators.

Access to talent: Frankfurt boasts talent from top universities like Technische Universität Darmstadt and Goethe University.

but…

ECOSYSTEM VALUE is $1.7 bn when GLOBAL AVG. is $5 bn

So a lot to do on our Valley!

Note: We are sure, that similar to last year, different other ecosystem players and media will bring up more insights and deep conclusions that we will obviously share on our Social Media Channels.

Stay tuned for our hub.