/ Invest in Bavaria
Altios Enables Invest in Bavaria to Grow French Investment in the Region
Challenge
- With a gross regional product of €625 billion, the Bavarian economy is comparable to that of Switzerland. Bavaria attracts companies and investors at a global level. According to Deutsche Startup Monitor, 16 per cent of startups in Germany are in Bavaria, of which 11 per cent are in the tech startup hub of Munich.
To represent the region in France, the agency required an outside firm with experience and knowledge in working with companies on expansion and location needs. Bavaria appeals to companies in a vast array of sectors including automotive, aerospace, energy, insurance, and finance, among others.
Solution
Invest in Bavaria selected Altios to represent the agency in France.
“We offer different ways to help businesses set up in Bavaria,” said Apfel. “First, we provide services like information on Bavaria, networking, events, and legal and tax guidance. Second, we offer a location search to help companies find the right place to set up—from a plot to an office building, co-working space, and more. And the third part of our service is providing contact points in areas such as legal, tax, and public and private institutions.”
Result
Working with Altios France, the agency has extended its reach throughout France. Leveraging Altios’ strong network and experience in global expansion, Invest in Bavaria can assure the region is top-of-mind with French investors.
Learn more about Invest in Bavaria: https://www.invest-in-bavaria.com/en/
Company Profile
GRP’s Bavaria: €625 billion
16 % startups in Germany are in Bavaria, of which 11 % are in the tech startup hub of Munich
Investment in digitalisation initiatives: €1.5 billion
Activity: to assist companies and startups in settling and thriving in Bavaria.
Target country: Bavaria in Germany