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.
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:
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.
Information on other technology topics of ICT, media, and creative industries: https://digital-bb.de/en
BuildingMinds breaks up existing data silos around a building and intelligently networks all data and participants on one platform, thereby managing the administration and management of real estate portfolios more efficiently. BuildingMinds is a Schindler startup and a Microsoft partner.
CODE is an international and inclusive learning environment that attracts digital pioneers from all over the world and empowers them to live up to their full potential. As a community, we stimulate transformative innovation by fostering creativity, critical thinking, collaboration, and curiosity-driven learning.
The University of Applied Sciences Berlin (HTW Berlin) has almost 14,000 students and over 500 employees and is the largest state university of applied sciences in Berlin. There are around 70 degree programs in the fields of technology, IT, business, culture and design.
The MotionLab.Berlin is a Berlin-based hardware innovation hub and makerspace / coworking community with access to an exclusive machine park for prototyping. In addition to office space, the lab has maker garages of various sizes, which can be individually designed according to the customer's requirements. With its unique infrastructure, the MotionLab.Berlin offers young founders an ideal environment for successful project implementation and company development. In addition to building a strong network with partners, manufacturers, investors and customers, members benefit from a clear competitive advantage through faster product development and reduced development costs.
Next Big Thing AG (NBT) , founded in 2016 and based in Berlin, is a venture studio for the machine economy, which builds DeepTech ventures as a co-founder with prospective founders and entrepreneurs that achieve a real noticeable effect. With its extensive portfolio of IoT, AI and DLT startups, NBT offers long-term support for B2B companies, including a full range of toolkits for development, innovation strategies, mentoring for entrepreneurs and startups, as well as technical know-how and smart finance - everything to enable a more prosperous, sustainable and democratic society. ”
The team neusta GmbH group of companies offers consulting, development and implementation of complex software, mobile and eCommerce solutions. In addition, there are services in the areas of conception, design, usability and communication. Currently, team neusta u. a. employ more than 1,200 employees at their locations in Bremen, Hamburg, Hanover, Munich, Berlin, Cologne, Essen and Lachen (CH). The group achieved 2019 sales of around 120 million Euros.
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.
finleap is a company builder for fintech companies and is based in Berlin and has an office in Milan. Founded in 2014 by HitFox Group and Ramin Niroumand, finleap has already developed 16 portfolio companies with its infrastructure and enabled them to enter the market. These include companies such as solarisBank, the first banking platform with a full banking license, ELEMENT, a fully digital insurer, PAIR Finance, a provider of data-based receivables management, as well as the fintech platforms finreach solutions and infinitec solutions for contextual finance. finleap enables access to start-up capital, a network of investors and experienced entrepreneurs as well as to customers and top talent. The finleap group employs around 700 people from 60 nations.