The initiators of the Startup Barometer (from left to right): Matthias Ruhri (Head of Company Builder, Up to Eleven), Christoph Kovacic (Regional Chairman Junge Wirtschaft Steiermark), Julia Leitinger (President IdeenTriebwerk Graz), Andrea Keimel (Head of the Department for Economic and Tourism Development of the City of Graz), Bernhard Weber (ZWI Centre for Knowledge and Innovation Transfer Graz) and Alfred Gutschelhofer (Institute for Business Management and Entrepreneurship, University of Graz). Photo: Fischer
The Startup Barometer is an annual survey of the mood of the Graz startup scene. Here the essential factors influencing the startup ecosystem are surveyed and analysed.
The most important results:
The mood in the Graz startup scene has improved, and the increasing distribution of the “entrepreneurial mindset” is also a signal from the Graz Startup Barometer.
Less optimistic is the view taken on financing opportunities. The valuation here is stagnating at an average level. Private capital in particular is underrepresented. Of course, this is a challenge for 72% of those surveyed who are planning a financing in the next 12 months . Nearly a quarter of the interviewees (22%) estimate the need at more than 500,000 Euros.
The active start-ups are motivated and want to grow, which also shows an increasing relevance as an employment and economic factor (6.5 employees per start-up). In concrete terms, 52% are aiming for rapid growth (doubling in one year) and 37% for moderate growth (growth of more than 50%). 9% want only slow growth.
This makes their role as employers and taxpayers in Graz more important. Equally important, however, is the supply of qualified employees.
We are also convinced that a location needs constant development. We want to provide a solid database for the development direction. With the Startup Barometer, we offer support to all institutions and companies that want to sustainably develop Graz as a business location.