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Germany Joins Europe Startup Nations Alliance (ESNA)

Ginu Joseph by Ginu Joseph
August 4, 2023
in Features & Insights, PRESS RELEASE

Germany Joins Europe Startup Nations Alliance (ESNA)

Europe’s largest economy is backing the initiative to optimize conditions for fledgling companies throughout the European Union and Iceland.

Germany’s startups commissioner, Anna Christmann, has announced that Germany is becoming a member of the Europe Startup Nations Alliance (ESNA). She made her statement today at the Viva Technology Conference in Paris, France.

The German Ministry for Economic Affairs and Climate Action has charged the international economic promotion agency Germany Trade & Invest (GTAI) with representing the country in the new body.

“We’re enormous happy to be taking on this new responsibility,” says GTAI CEO Robert Hermann. “Germany perennially ranks among the best startup environments in the world and is at the top of the Eurozone. Berlin and Munich, in particular, are known around the globe as premium locations for innovative young firms. But one of our national strengths remains our central position within the EU. We look forward to working with all our friends and partners for the mutual benefit of startups throughout the bloc.”

ESNA, which was two years in the making, establishes common standards for startups on everything from market entry to access to stock options and financing to establishing digital-first interactions with authorities.

www.gtai.de

 

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