The major automobile and machinery manufacturers still shape our perception of the German economy. However, Germany is not only a country of engineers; it has long become a country of programmers as well. Companies like SAP, Wirecard, or TeamViewer are just the tip of the iceberg of a “new” German tech landscape. This landscape flourishes most extensively where it’s least expected: in the mid-sized business sector. There are over 11,000 mid-sized software and internet companies that have evolved from small garage ideas into regional success stories and international market leaders in recent years – all without business plans, funding rounds, or marketing campaigns. One might even call it “Digital Entrepreneurial Spirit 1.0”.
“We should promote the German MitTECHstand instead of replicating foreign ecosystems in Germany.“
Digital SME = MitTECHstand
We call these tech pioneers from the German Mittelstand the “MitTECHstand.” Many of these digital trailblazers were founded as early as the 1980s, driven by a passion for programming, a great software idea, and their own capital. Often, they are fast-growing and profitable companies that have become world leaders on their own merit, foreseeing technological trends such as process automation, CRM, or HR software and developing excellent software solutions for them. Collectively, they generate a revenue of 152 billion euros, employ half a million people, and grow three times faster than other mid-sized businesses.
We call these tech pioneers from the German Mittelstand the “MitTECHstand.” Many of these digital trailblazers were founded as early as the 1980s, driven by a passion for programming, a great software idea, and their own capital. Often, they are fast-growing and profitable companies that have become world leaders on their own merit, foreseeing technological trends such as process automation, CRM, or HR software and developing excellent software solutions for them. Collectively, they generate a revenue of 152 billion euros, employ half a million people, and grow three times faster than other mid-sized businesses.
The solution may sound simple: professional structures, smart financing concepts, liquidity for meaningful acquisitions, and skilled personnel at all management levels. However, these are topics that MitTECHstand founders often don’t have time to address in their daily work. This is where we come in – as a new generation of investors who support this attractive midsize segment in its next growth phase.
“We need a new generation of investors who support the MitTECHstand in its next stage of development.”
Where is the MitTECHstand at home?
When thinking of groundbreaking tech innovations, many people might consider Silicon Valley, Berlin, or Tel Aviv. However, SAP was founded in Waldorf, Wirecard in Aschheim, and TeamViewer in Göppingen. This isn’t particularly surprising. After all, the MitTECHstand – as part of the Mittelstand – is spread across the entire country, in large cities, smaller towns, and rural communities. The Mittelstand is the backbone of our economy, society, and innovation power – and the MitTECHstand ensures that this remains the case!
What makes the MitTECHstand so successful?
#Erfindergeist – Digital with passion
At the beginning, there’s no business plan. At the beginning, there’s a fascination for programming languages and software solutions. Entrepreneurs in the MitTECHstand feverishly search for the best digital solutions to analog problems – until they are perfectly solved.
#Ownership – Profitable by conviction
They start with their own capital. As owners, CEOs, and programmers all in one, they combine a deep understanding of technical details with high responsibility and sustainable actions for their company, their customers, and their employees.
#Heimatgefühle – At home in the region, at home in the world!
They start with their own capital. As owners, CEOs, and programmers all in one, they combine a deep understanding of technical details with high responsibility and sustainable actions for their company, their customers, and their employees.
