Among these non-city states, Hessen is, according to a study conducted by the KfW Bankengruppe, the number one entrepreneurial state. . Only the city states of Berlin and Hamburg, which traditionally benefit from their characteristic, metropolitan areas, rank before Hessen. That is good news, because men and women entrepreneurs are of enormous economic importance. They create jobs, stimulate competition and promote structural change.
The KfW ranking refers to a comparison made of the founder quotas in each federal state (the number of entrepreneurs in terms of the number of persons employed). In Hessen, the quota in the years from 2009 to 2014 had an average of 2.0 percent. Hessen is clearly the best non-city state by far, placing ahead of Rhineland-Palatinate/Saarland and Bavaria (1.7 percent each).
Data from the Kfw ranking show that the entrepreneurial spirit in Hessen perseveres, especially with the number of entrepreneurs in Germany having risen once again in 2014. According to the KfW Start-up Monitor 2015, about 915,000 people ventured to take the plunge into entrepreneurial freedom last year – that is about 47,000 more than in 2013. According to the current analysis of KfW research, founders turning towards self-employment were the driving force behind the rise in entrepreneurial activities. Their number has increased by 61,000 to 368,000.