Citing the uncertainty surrounding Brexit, one of the world’s most significant start-up expos, TechCrunch ‘Disrupt’, has left London to return to Berlin in 2017. The move comes against the background of uncertainty surrounding Brexit and the advantages of Berlin, including relative cheapness of premises, open culture and sheer number of start-up companies.
A precise date for the 2017 Hackathon and Disrupt show has not yet been chosen, beyond saying it will be in December, but the attendance register is already open. The expo was last in Berlin in 2013, when it moved to London, but the continental start-up has grown dramatically since that time. The news also comes on the back of the announcements of several German government initiatives aimed at helping start-ups get off the ground and move forward.
See our post: Potential New German Government Funding for Start-ups
These include the Tech Growth Fund, a fund designed to give start-ups better access to growth capital once they had got off the ground announced a week ago, as well as an extension to the INVEST 2.0 fund announced at the end of last year, a fund which gives investors in young companies up to €100,000 in add-ons as well as a tax rebate on capital gains.
“The return of such a significant start-up show such as this enhances Germany’s deserved reputation as a truly European start-up hub,”
said Achim Hartig, Managing Director Investor Consulting at Germany Trade & Invest
“We have Berlin and Munich as globally significant start-up destinations, along with Frankfurt and Hamburg emerging in the niches of Fintech and virtual reality respectively.”
More information about TechCrunch Disrupt in Berlin (4-5 December) 2017, can be found here.