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German Accelerator - new location for start-ups in New York

Federal Minister Sigmar Gabriel consecrated the new site on October 24, 2014 in New York City in person.

A group of people at the opening of the German Accelerator in New York Federal Minister Sigmar Gabriel has celebrated the opening of the German Accelerators with numerous representatives of the start-up scene from both sides of the Atlantic.

The new Accelerator is built on the successful work of the German Silicon Valley Accelerator. This has supported in the past three years, many IT start-ups to further develop its business model in the US market, to build networks in the US and to get in touch with American venture capitalists.

3 men and a woman with certificates in hand Federal Minister Sigmar Gabriel (2nd from right) handed over the certificates to the first start-ups that have successfully completed the program German Accelerator New York: Tobias Schmidt (1st from right) and Stefan Herrlich (1st from left) and Elizabeth worm (IntraWorlds, 2nd from left).

Federal Minister Gabriel: "I am very pleased that now for German Start-ups also the possibility is open to use the main advantages of the accelerator program at a single location on the East Coast. For most startups, early internationalization is a question of survival, especially in the direction of the American market. The accelerator provides here on Silicon Valley and now the New York location a very important aid."

2 men look out the window Federal Ministry Sigmar Gabriel andd Dirk Kanngiesser (CEO, German Accelerator)

The new accelerator in New York will be able to accommodate a total of 12 start-ups per year. By Location Silicon Valley so 36 start-ups per year have the opportunity to benefit in the US by a tailor-made mentoring program and professional contact agencies. At both sites, the Federal Ministry for Economics Affairs and Energy spends approximately EUR 2 million in 2015 for the start-ups. On Location New York alongside the focus on information technology, a special emphasis on clean technology is set.

2 men standing with his back to a window with a view of New York Dr. Stefan Drews (BMWi) and Dirk Kanngiesser (CEO, German Accelerator)

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