Deutsch
Business Development munich business
Business Development munich business
Business Development munich business
Munich as a business location
Veranstaltung im Werk 1

Business in Munich

Munich’s innovation ecosystem

Munich drives innovation in Germany. The region’s exceptional innovation ecosystem attracts not only major tech companies, but also outstanding talents from around the globe, who come here to study, research, work in a local company or start their own business.

Driving innovation

Universities and non-university research institutions, companies and startups, as well as public and private initiatives, all help to advance cutting-edge research, innovative products and groundbreaking solutions to challenges facing society.

On the one hand, the quality of the ecosystem arises from the strength of individual players in the region. Equally important, however, is that these players form partnerships and joint initiatives to push innovation in Munich. Support and funding comes from federal state initiatives, the Free State of Bavaria, the City of Munich, and from within the ecosystem itself.

Picture: Research at the TUM Chair for "Anwendungen in der Medizin" (Medical Applications)

Forschung am TUM Lehrstuhl für Anwendungen in der Medizin

Photo: TUM / Andreas Heddergott

City of Munich initiatives

The City of Munich is committed to supporting innovation in the region. The Economic Development Department aims to link organizations and promote dialog in the ecosystem, thus helping to create ideal conditions for innovation while also communicating the strengths of Munich’s ecosystem to the outside world.

 

Munich Urban Colab

Veranstaltung im Munich Urban Colab mit Panel und Zuschauern

Munich Startup

Munich Startup

Innovation Challenge

Teilnehmerinnen und Teilnehmer am Finale plus Bürgermeisterin Habenschaden am 19.7.22 im Munich Urban Colab

Munich’s Business Startup Office

Header-Symbole auf der Startseite der Gründungsberatungsplattform gruenden-muenchen.de

Technology Center

MTZ

Crowdfunding

Illustration Crowdfunding in München

  • Munich Innovation Ecosystem – set up by the German Entrepreneurship GmbH, Strascheg Center for Entrepreneurship, and UnternehmerTUM, with funding from Gründerland Bayern, the Bavarian Ministry of Economic Affairs (StMWi), and the City of Munich.
  • Social Entrepreneurship Academy (SEA) – a partnership between UniBW, HM, LMU, TUM, UnternehmerTUM, SCE, founders@unibw, German Entrepreneurship
  • Ludwig-Bölkow-Campus, Taufkirchen – consortium comprising Airbus, Bauhaus Luftfahrt, DLR, HM, TUM, IABG, Siemens, Universität der Bundeswehr Space Research Center, supported by StMWi, esa Business Incubation Center, Germany – Land of Ideas
  • Bauhaus Luftfahrt, Taufkirchen: Aviation Think Tank, supported by Airbus, DLR, IABG, Liebherr, MTU, StMWi
  • Munich Quantum Valley – association to develop and operate quantum computers in Bavaria. Members are BAdW, DLR, Fraunhofer-Gesellschaft, Friedrich-Alexander-Universität Erlangen-Nürnberg, LMU, Max Planck Society and TUM. Funded by the Free State of Bavaria.
  • DICA - Drink Innovation Campus – accelerator program of the drinks industry
  • LabCampus – innovation center on the site of the former Munich Airport, supported by Fraunhofer IIS, FAU, Sony Music, ZD.B, iB Hubs, Business Creators, Trendone, Innosabi, SCL, MUST, SCE

  • Insurtech Hub – initiative set up by, among others, Allianz, Generali Deutschland, Munich Re, Nürnberger Versicherung, Versicherungskammer Bayern.
  • Digital Hub Mobility – funded by the Federal Ministry for Economic Affairs and Climate Action. BMW Group, Nokia, SAP, SWM, DB, infineon
  • AI+ Munich – partners: Strascheg Center for Entrepreneurship, Munich Center for Digital Sciences and Artificial Intelligence at the Munich University of Applied Sciences, UnternehmerTUM and TUM Venture Labs, MUST
  • Munich Global Impact Hub – funded and supported by BMWi’s EXIST-Potentials program
  • German Entrepreneurship GmbH – supports European and international startups with tailored programs German Accelerator, Scaler8, EU-India Innocenter, Master Accelerator and Scale-up.NRW.
  • Acatech – German National Academy of Science and Engineering – advises policymakers and society on issues relating to science and engineering. 

 

Universities

Munich’s universities draw many people to the city. Home to 22 universities, universities of applied science, and academies, and over 134,000 students, Munich has the second highest density of universities in Germany.

Munich’s two largest universities, Ludwig-Maximilians-Universität (LMU) and the Technical University of Munich (TUM), are among Germany’s Universities of Excellence and ranked among the top 100 universities worldwide. However other, smaller institutions such as the University of Television and Film (HFF), which boasts several Oscar-winning graduates, also enjoy an excellent international reputation.

Geschwister-Scholl-Platz, Blick von Norden

Photo: Andreas Heddergott

Munich’s universities conduct first-class research in highly diverse disciplines. Four Clusters of Excellence are supported as part of Germany’s Excellence Initiative, in which the LMU and TUM collaborate with numerous non-university research institutions.

 

Ludwig-Maximilians-Universität München

Technical University of Munich

Hochschule München – University of Applied Sciences

Universität der Bundeswehr München

Munich School of Philosophy

Munich School of Politics and Public Policy

University of Music and Theatre Munich (HMTM)

Academy of Fine Arts in Munich (AdBK)

University of Television and Film (HFF)

KSH München University of Applied Sciences

FOM University of Applied Sciences

IU International University of Applied Sciences, Campus Munich

University of Applied Management (UAM) (Ismaning)

 DHGS University of Applied Sciences for Health and Sport (Ismaning)

Macromedia University of Applied Sciences

International School of Management, Campus Munich

Munich Business School

HDBW University of Applied Aciences

SDI München

Mediadesign University of Applied Sciences, Campus Munich

IB Hochschule für Gesundheit und Soziales, Campus München

Hochschule Fresenius München

Startup centers

Munich’s universities have special training programs and entrepreneurship centers for their students so that applied research can be transferred to products or business models and benefit society as a whole. UnternehmerTUM, the innovation and business-creation center run by the TUM, is the largest center of its kind in Europe. More than 1,000 startups have been launched or supported here in the last 20 years.

Another noteworthy joint project of Munich’s universities is the Social Entrepreneurship Academy (SEA), which trains and supports people whose business ideas aim to solve societal challenges.

Links to Munich universities’ startup centers

Startups

Thanks to growing investment and support, the number of startups in Munich has soared since 2017. The region’s roughly 2,000 startups are active in very diverse fields. One focus is deep-tech startups, where technological innovations play a key role.

For example, Celonis, Munich’s most successful startup with a value of over ten billion dollars, develops data mining software that allows companies to optimize processes. Alongside the “decacorn” Celonis, Munich is home to six other “unicorns” valued at a billion dollars or more.

 

  • Startups and new business

    Munich’s startup scene benefits from a tried-and-true network of successful major corporations, established startups, and an excellent university and research environment full of outstanding minds and institutional supporters.

    Gründer- und Innovationszentrum

Unicorns in Munich

Celonis

Celonis Managment Team

Flix

FlixBus Gründerteam

Personio

Personio Executive Board

Agile Robots

Agile Robots Roboterarm

Lilium

A closer look at the engines and interior of the 7-Seater Lilium Jet full-scale model, inside the Lilium manufacturing facilities near Munich.

Scalable Capital

Smartphone mit Scalable Capital Broker App

Helsing

Eurofighter

startups (2022)

million euros invested (2021)

unicorns (2023)

Venture Capital

Investment in Munich startups has risen significantly since 2017. The 140 venture capital and private equity companies in the region are a key advantage for Munich. Companies here also value the innovative power and pace with which startups can push new developments. That’s why numerous established Munich companies like BMW and Giesecke+Devrient invest in startups using their own venture capital companies, both in Munich and around the world.

Companies

Companies drive innovation in Munich with their R&D activities. BMW alone employs around 26,000 people in its Research and Innovation Center (FIZ). Other major Munich companies such as MTU Aero Engines, Siemens, Knorr-Bremse and MAN also invest heavily in R&D. The number of international companies, including Google, Intel, IBM, Huawei, NTT Docomo, and Kraft Foods that have set up centers for development in Munich is also remarkable. Apple is investing two billion dollars in a new chip design center in Munich. The companies benefit from Munich’s innovation ecosystem and often mention access to graduates from Munich’s universities and proximity to existing and potential customers and partners as key regional advantages.

 

Successful partnerships

Germany’s largest software company, SAP, began construction of a new R&D center at the Technical University of Munich’s (TUM) Campus Garching in 2021. The plan is for 600 SAP employees as well as 120 researchers and teachers from various TUM departments to jointly work in R&D projects at the SAP Labs Munich Campus relating to sustainability, mobility, Industry 4.0, and trade. SAP and TUM agreed to launch a long-term research partnership back in 2019. The Munich Urban Colab is also an SAP partner.

Picture: Groundbreaking ceremony SAP Labs Munich Campus Garching

Spatenstich SAP Labs Munich Campus Garching

Photo: TUM

Research institutions

Two of the world’s most illustrious research institutions, the Max Planck Society, which primarily conducts basic research in the natural, life and social sciences, and the Fraunhofer Gesellschaft, the world’s leading organization for application-based research, have their headquarters in Munich. Both institutions also have many other institutes in Munich and the surrounding region. Other important research institutions in Munich include the Helmholtz Center Munich – German Research Center for Environmental Health, several Leibniz Institutes, and the Bavarian Academy of Sciences and Humanities.

Links to Munich’s key research institutions

Key events relating to innovation

Veranstaltung im Werk 1