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Digital Hub Initiative of the BMWi (Federal Ministry for Economic Affairs and Energy)

For a number of years there has been a steady new and further development of dynamic digital ecosystems. These offer a broad platform for start-ups and young founders to cooperate with medium-sized companies and industries where they can benefit from each other.

Start-ups can benefit from the experience and networks of already established companies and thus position themselves better in the market. But medium-sized and large companies also experience considerable added value through cooperation with startups and can thus realize important digital innovation leaps.

This is where the Digital Hub Initiative comes in:

The BMWi wants to highlight Germany's strengths as a leading industrial nation with existing, high-quality know-how even in the age of digital transformation and thus make Germany a home port for founders, investors and specialists from all over the world. As a result, the BMWi has named twelve locations of excellence in various German metropolises as Digital Innovation Hubs (de:hub).

You can find more information about the “de:hub” initiative here .

IoT & FinTech Hub Berlin

Berlin participates in the BMWi initiative as "Internet of Things (IoT) & FinTech “ecosystem (hub).

With this focus, all application industries that are important for Berlin (including health, energy, transport / mobility, communication infrastructure, IT, smart wearables, design, FinTech, logistics) along with their inter-connectedness are covered in the initiative to create a smarter city.

The Berlin IoT & FinTech Hub is set up as a private-public partnership. The city of Berlin, specifically the Senate Department for Economy, Energy and Enterprises, supports the Berlin hub and its activities and sees it as an important innovation partner in the Berlin ecosystem.

Through the Berlin Partner for Business and Technology, which coordinates the Berlin IoT & FinTech Hubs, the hub is part of the a broad network of industry companies and academia.

IoT Hub

Berlin's charisma and international presence make the capital the ideal breeding ground for promising synergies between innovative startups and established companies. In order to be able to use this potential appropriately in the area of the Internet of Things, the IoT Hub is a workshop for knowledge transfer and promotion. This technological hub and its members offer both practical business-related and scientific expertise. The hub is operated by a heterogeneous consortium consisting of major players from the start-up scene, business and science.

de:hub IoT: IoT + Network e.V.

In order to build on the previous positive development and to further expand the activities of the hub, the de:hub IoT was legally incorporated as an association on August 28, 2020. With the founding of the association, the goal is to showcase Berlin as a central business location for solutions, specialists and innovations in the IoT area and to manifest the association as a contact person on the topic of IoT. This should open up even more targeted opportunities for participation and action for all stakeholders and strengthen Berlin's IoT ecosystem. The association was founded by seven partners:

https://iotplus.network/

Partner

Berlin Partner for Business and Technology is Berlin's business development service provider for growth and innovation in the capital region. Berlin Partner coordinates the de:hub initiative of the BMWi and heads de:hub IoT and Fintech in Berlin.

www.berlin-partner.de

Information on other technology topics of ICT, media, and creative industries: https://digital-bb.de/en





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FinTech Hub

The FinTech Hub is essential to the booming of the FinTech sector as well: Berlin is in the lead when it comes to start-ups, capital and the settlement of well-known companies. The capital, which 35% of all German FinTechs consider to be their home, is overtaking the traditional financial sector Frankfurt am Main.

For the FinTech Hub in Berlin, the company builder finleap was selected as a partner and has made finance and insurance technology its main focus. The Fintech Hub offers more than 11,000 sqm spread over 8 floors, dedicated office space for fintechs, insurtechs and other companies from the financial services sector and invigorates the ecosystem with specialist events.

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