At the end of 2020, the German federal government’s budget committee has given a green light for an extensive financial package for the country’s start-up ecosystem, which amounts to around 10 billion Euros and is to cover a period of 10 years. Germany is one of the top ranked countries in the world in terms of innovation and start-up ecosystem. Located in the center of the European Union, it has the largest economy in the continent and is one of the biggest exporters globall