TEP Times 2015 | Page 5

TRANSATLANTIC ENTREPRENEUR PARTNERSHIP Berlin: The Best of Two Worlds New York International Interviews Stefan Franzke, Managing Spokesperson of Berlin Partner B How has this increase in investment been reflected in the city? The city is growing at a tremendous pace: the influx of talent from outside the city has contributed to the city’s net population increase of 40,000 people annually. In addition, about 30,000 Berlin university students successfully graduate and start their careers each year. Comparatively low rents and the unique, inspiring at- erlin Partner is the Berlin-based association to develop businesses and market the city of Berlin with a wide range of initatives and programs including The Berlin Startup Unit and TEP. New York International sat down with Dr. Franzke to get some insight into Berlin’s recent success as a global startup hub. You came to New York last year. Could you give us an update on Berlin as a business location in 2015? Berlin is on the upswing. The economy is thriving and economic growth is higher than the national average as more and more people move to the German capital to realize their ideas. In a way, we are the creative workshop of Europe. What would you say has been the source of Berlin’s success? Berlin’s outstanding positive development is due to a promising combination with the best of two worlds coming together in Berlin; the mixture of traditional industries and creative founders with digital expertise attracts companies from around the world. Conditions for young entrepreneurs could not be better, and startups are springing up like mushrooms in Berlin, making the city burst with digital expertise. One in eight–nearly 18,000–new jobs created since 2008 have been in the digital economy. What role does New York City play in all of this? Coming to TEP in New York is an important part of the Berlin Startup Unit, which was initiated by the state of Berlin together with partners from the business and science sectors along with the startup scene. The Berlin Startup Unit’s mission is to develop and implement startup initiatives and projects in partnership with all of the Berlin’s outstanding positive development is due to...the mixture of traditional industries and creative founders with digital expertise attracts companies from around the world Berlin Partner/Fotostudio Charlottenburg up capital in Europe has never been as close as it is right now, as the startup scene faces the question, “London or Berlin?” Since 201