TechCrunch Disrupt Brexits to Berlin
Major start-up trade show crosses the channel
Jan 31, 2017
Berlin (GTAI) - Citing the uncertainty surrounding Brexit, one of the world’s most significant start-up expos, TechCrunch Disrupt, has left London and will return to Berlin in 2017. The official press release also pointed at Berlin’s advantages such as relative cheapness of premises, open culture and sheer number of start-up companies. The last time the conference was here, it hosted attendees from 83 different countries.
A precise date for the 2017 Hackathon and Disrupt show has not yet been chosen, beyond saying it will be in December, but the attendance register is already open. The expo was last in Berlin in 2013, since when it moved to London, but “with the continental start-up scene growing like a weed, it’s time to get back into the thick of it,” read the press release. The news comes on the back of the announcements of several German government initiatives aimed at helping start-ups get off the ground and move forward.
These include the Tech Growth Fund, a fund designed to give start-ups better access to growth capital once they had got off the ground announced a week ago, as well as an extension to the INVEST 2.0 fund announced at the end of last year, a fund which gives investors in young companies up to €100,000 in add-ons as well as a tax rebate on capital gains. “The return of such a significant start-up show such as this enhances Germany’s deserved reputation as a truly European start-up hub,” said Achim Hartig, Managing Director Investor Consulting at Germany Trade & Invest, Germany’s economic development agency. “We have Berlin and Munich as globally significant start-up destinations, along with Frankfurt and Hamburg emerging in the niches of Fintech and virtual reality respectively. Germany’s continued efforts to ease business conditions for the innovators of tomorrow reap ongoing rewards, and the additions of events such as this into the Berlin calendar is both reward for those efforts as well as another welcome boost to the scene here.”