Start-ups: Fewer start-ups in 2023 – Economy

The mood in the start-up scene is bad: fewer and fewer people are starting up businesses. Compared to the previous year, the number fell by five percent to just under 2,500 start-ups. This is shown by the Next Generation Report from the Startup Association. To do this, the analysis company Startupdetector evaluated data from the commercial register. Compared to the record year of 2021, the decline is even 22 percent. At that time, 3,196 start-ups were founded. According to the association, the reasons for this are wars, inflation, rising interest rates and falling purchasing power. Investors are holding back. “All of this creates uncertainty,” says Magdalena Oehl from the startup association.

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