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Munich Unveils Strategy to Become Europe’s Leading Startup, Creative Industry and AI Hub

Christian Scharpf unveiled a June 29 roadmap leveraging Munich’s startup boom with its second-ranked creative sector to pilot AI-driven governance for sustainable growth

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Overview

  • Last year saw more than 200 new company foundations in Munich, including roughly 50 spin-offs from UnternehmerTUM.
  • An EU Commission monitoring ranks the city second among 21 major European centers in film, media, design, software and gaming.
  • The strategy positions artificial intelligence as the next “quantum leap” and aims to embed AI across industries and municipal operations.
  • Munich’s mix of DAX-listed firms, high-tech companies, a robust Mittelstand and solo entrepreneurs will be strengthened under the plan.
  • Backing for the Olympic and Paralympic bid and a planned 20,000-seat Munich Arena near the airport are designed to boost tourism and events.