Cologne leads NRW: The boom industry in start-up foundations

Cologne leads NRW: The boom industry in start-up foundations

The upswing of the start-up scene in Cologne

• Cologne recorded most of the start-ups in North Rhine-Westphalia in the first half of 2024.
• A total of 251 new companies were launched in NRW, which corresponds to an increase of 26 percent compared to the previous year.
• The majority of the new foundations came from the areas of software, medicine and e-commerce.

Cologne leads the list with 39 new start-ups, followed by Düsseldorf, Aachen and the district of Mettmann. The city on the Rhine recorded constant growth compared to the previous year.

The importance of the software sector for the economy

In the first half of 2024 there were 1,384 new start-ups across Germany, with North Rhine-Westphalia with 251 companies making a significant share. The boom in the software sector, which provides crucial impulses for digitization, was particularly emphasized.

• The number of start-ups in the software area rose by a third, while e-commerce and media start-ups increased by 36 percent and mobility start-ups by 33 percent.
• Most of the new foundations in the Sectors Software, Medicine and E-Commerce were recorded in all of Germany.

Effects on the economy in Cologne

The increasing foundation figures in Cologne show that the city is an attractive location for start-ups. With a diverse range of specialists and support measures for start-ups, Cologne sets a positive signal for the future of entrepreneurship in the region.

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- Nag