1、Munich Startup Employment2023March 2023FINAL“Startups are an important component of a successful economy.They are essential for the rapid translation of cutting-edge research into applications and solutions,keep young and well-trained specialists in the region,and create new jobs.That is why Munich

2、Startup,together with its partners and other local players,is dedicated to making Munich and the region the first choice for high-growth startups in Europe.Since 2015,we have been the first virtual contact point for technology-oriented,innovative startups in Munich and the surrounding area.Weve also

3、 increased transparency within the startup scene and promoted networking between founders and potential partners,investors,and mentors.With this report,we show how important startups have become for the job market in Munich.Our analysis highlights the strengths of the Munich startup scene,how a star

4、tup ecosystem is self-reinforcing,and how a new generation of founders can emerge from employees of successful startups.ForewordGabriele BhmerHead of Munich StartupFINALPage/3 Why this report?This is the first edition of Munich startup employment.With this report,we aim to help bring insight and tra

5、nsparency into the current state of the startup employment in the Munich metropolitan region.Furthermore,the findings of this report shall help the ecosystem better understand and suit the needs of its startups.This edition covers Munich employment data analysed for the full year of 2022,and it incl

6、udes analysis on where the most jobs are being created in the startup lifecycle,the biggest sectors,and analysis on job creation in VC-backed vs non-VC backed startups.Weve counted local jobs based in Munich created by homegrown startups.We excluded data about companies founded in Munich,which since