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University of Cologne in the Top 10 of the best start-up universities in Germany

University of Cologne further improved its ranking in the "German Startup Monitor 2019". The new GATEWAY Start-up Center of Excellence promotes a culture of entrepreneurship.

For the second year in a row, the University of Cologne is one of the top 10 founding universities in Germany. The University of Cologne took seventh place in the "Deutscher Startup Monitor 2019" (DSM) [https://deutscherstartupmonitor.de/dsm/dsm-19] of the "Bundesverband Deutsche Startups e. V." (Federal Association of German Startups), improving its ranking compared to the previous year. The Start-up Monitor surveys almost 2,000 start-up projects and thus provides insights into the start-up ecosystem in Germany. The study evaluates, among other things, how many women founders* have a university degree, at which universities they complete this and where they obtained their degree. From this, the study determines the top 10.

The top 10 ranking shows that the willingness of students and scientists* at the University of Cologne to become entrepreneurs is continuously increasing. And it should get even better: In order to effectively promote entrepreneurial potential in the future, since September 1, 2019 the University has established the Excellence Start-up Center GATEWAY (ESC GATEWAY). The Ministry of Economics, Innovation, Digitisation and Energy of North Rhine-Westphalia will support the project for five years with a sum of around 23 million euros.

"In the coming years, we want to increase the diversity of the founding projects and sensitize students to entrepreneurial skills," says Marc Kley, Managing Director of ESC GATEWAY. The ESC GATEWAY will implement a wide range of measures to this end. Among other things, the ESC GATEWAY wants to promote interest and courage in entrepreneurship at the University of Cologne by establishing eight new professorships with a concrete reference to Data Science and Entrepreneurship, an expanded range of consulting services as well as scouting for innovations in various specialist areas. "Many students and scientists are often unaware that setting up a company can be a real career option," explains Marc Kley. "We want to change this and contribute to Cologne and the surrounding region becoming a location for innovation".

DSM 2019 is now the seventh study to result from the annual online survey of start-ups throughout Germany that has been conducted since 2013. Since 2016, the study has been scientifically supported and carried out by the Chair of E-Business and E-Entrepreneurship at the University of Duisburg-Essen.

• Entrepreneurship at the Faculty of Management, Economics and Social Sciences

• Selection of gateway startups by former or current students oft he WiSo Faculty