Mehr Wagniskapital für Gründer: Regierung will verstärkt Geld für Start-ups mobilisieren

The German government and KfW bank are intensifying efforts to mobilize more private capital for start-ups in the coming months. They plan to actively attract new investors for the WIN initiative, which was established two years ago. The KfW stated that the goal is to improve financing conditions for young companies, increase investment opportunities for investors, and provide a strong boost to Germany's economic location.

The WIN initiative aims to double the investments from major investors in venture capital by 2030, targeting around 25 billion euros. The additional funds are expected to flow in through better frameworks, market infrastructure, and stronger networking, according to KfW. The initiative seeks to bring in new partners, including investors from foundations, insurance companies, pension funds, and corporations.

German start-ups have repeatedly demonstrated their innovative strength at the German location, said Finance Minister Lars Klingbeil (SPD). However, making these companies thrive and remain in Germany is still rare. Therefore, the government is enhancing the conditions to ensure that more growth capital is available. Six out of ten measures of the WIN initiative have already been implemented.

The next phase will focus on attracting even more capital for Germany. Germany lags behind in venture capital, as agreed by the SPD and Union in their coalition agreement. Industry experts believe that there are obstacles, and the current WIN record is mixed. Since the initiative's launch in September 2024, KfW reported that around 2.6 billion euros were invested on the market by the end of 2025.

While the German start-up sector has significantly grown in recent years, large sums still mainly rely on US investors due to strict regulations.