bistream organised a side event for IFA2019, “Japan Meets Berlin,” with the big support from W-lounge.
I have to say it is amazing that such leading mentors of Berlin Startup Ecosystem came to meet Japanese Startups with the openness, “give first” spirit, and good/honest/pragmatic advices.
After Mr. Takabatake (the Head of JETRO Berlin, Japanese trade organisation, the agency of Ministry of Economy Japan) gave welcome speech, Dr.Rainer Seider (Head of Unit International Cooperation, Ministry of Berlin) and Mali (CEO of W-Lounge) gave us the fireside chat over what Berlin Startup Ecosystem means for foreign startups from perspectives.
Berlin Startup Ecosystem is ranked as one of the tops in Europe. What differentiate here is the true internationality and respect of diversity. People living in Berlin are from close to 200 countries, common language is English as a second language.
Based on the latest data from Startup Genome, Global Startup Ecosystem Report 2019, the average salary of engineer in Berlin ($65.1k) is higher than in London ($56.8k). Global market reach is ranked #1 as well as connectedness. Berlin is not just a mature ecosystem. It is a true international hub of top ecosystems.
The Japanese startups had 2 minutes pitch in front of the Berlin VC, representative from Telekom, and top accelerators.
After the pitches, we invited the panel, Jag, Katy, and Nana to learn more about Berlin Ecosystem for Japanese startups: for example, Berlin as a launchpad for global success, etc. All panels commented that Japanese startups have great potential to succeed in Berlin, but with the strong remarks in communication. It is not only about English ability, but about communication competencies, which is prerequisite for starting businesses.