Startups

Encouraging the others

Startup culture isn’t just hard in South Africa. Ask Germany.

02 August 2010

Building a business culture that’s friendly towards startups isn’t just difficult in South Africa. Germany has also been struggling with a relative lack of successful technology companies in the high-tech space, at least when compared to Silicon Valley and Bangalore.

SAP and Software AG are the only two examples that most people know about when recalling German software companies. That needs to change, says Professor August-Wilhelm Scheer, founder of Software AG subsidiary IDS Scheer. At Software AG’s annual ProcessWorld conference in Berlin in June, Professor Scheer said the goal was to encourage the founding of 100 high-tech companies that would go on to make €100 million.

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