The focus on green products and services was also reflected in the political voting behavior of German entrepreneurs and founders. Around 44 percent of founders in Germany voted for the Green party, almost 20 percent more than a year earlier.
On the capital front, however, 38 percent of startups surveyed described raising capital as a "big hurdle", up from 32 percent last year.
The study found that there was a "big gap" between the kind of financing that startups desired and what was used in reality. Eighty-one percent of those surveyed relied on their own savings for financing, but only 40 percent preferred this option.
Only 23 percent of startups already worked with business angels while 39 percent were seeking finance from individual investors. Fifteen percent had access to institutional or private venture capital although 40 percent were seeking such kind of financing.
The study concluded that the important growth accelerators - venture capital and business angels - were still far too often missing in Germany. However, a "well-functioning and branched network" would be a decisive factor for this.
For 56 percent of the startups surveyed, access to venture capitalists took place via personal contacts, but 39 percent still found it difficult to gain access to relevant people on the capital market.
【国际英语资讯:German startups expect better business in next six months: Study】相关文章:
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