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In the recently published Redstone University Startup Index, Frankfurt School ranks 27th among all universities in Europe for its entrepreneurial ecosystem .At the heart of Frankfurt School's success in this ranking is the Frankfurt School Entrepreneurship Centre (FSEC) which was launched only two years ago in May 2022. The FSEC plays a pivotal role in cultivating an environment where entrepreneurial spirit thrives. Through its programmes, mentorship initiatives, and networking opportunities, the FSEC empowers students and alumni to transform innovative ideas into viable businesses. This supportive ecosystem not only encourages the founding of new ventures but also ensures their growth and sustainability in the competitive market landscape.
The study "Redstone University Startup Index: Europe’s Trillion Euro Opportunity" was conducted by European venture capital firm Redstone, supported by Munich-based think tank AlpMomentum and the Brussels-based European Startup Network (ESN) and assesses the entrepreneurial ecosystems at universities across Europe. It evaluates institutions based on their contributions to entrepreneurial activities and their efficiency in startup and value creation, startup counts, and other similar metrics.
Frankfurt School's rapid climb to the Top 30 in Europe for entrepreneurial ecosystems exemplifies its proactive approach to integrating academic excellence with real-world impact. As the institution continues to innovate and expand its offerings through initiatives led by the FSEC, it reinforces its position as a leading hub for entrepreneurial education and development in Europe. This achievement not only enhances Frankfurt School's reputation but also solidifies its role in shaping the future of entrepreneurship on a global scale.
"Our rise in the European rankings underscores Frankfurt School's dedication to nurturing a dynamic ecosystem where entrepreneurial ambitions can flourish," said Ram Shoham, Director of FS Entrepreneurship Centre. "Through collaboration with industry leaders and continuous support for our entrepreneurial community, we aim to continue our upward trajectory and make a lasting impact on the entrepreneurial landscape in Europe and beyond."
The Redstone University Startup Index holds significant importance for various stakeholders within the academic, business, and policymaking communities. For prospective students and researchers, it provides insights into the entrepreneurial culture and opportunities available at Frankfurt School. Business leaders and investors gain valuable information about potential partnerships and innovations emerging from the institution. Policymakers can use this data to assess the effectiveness of educational institutions in driving regional economic development through entrepreneurship.
Entrepreneurship plays an important role at Frankfurt School, which is why it further expanded its portfolio with the acquisition of Futury at the beginning of the year. This gives the business school access to a unique ecosystem in which startups and companies work together on the topics of entrepreneurship, innovation and sustainability. With the acquisition of Futury, a Frankfurt-based network with nationwide appeal and impact is created. With its programmes and initiatives, this ecosystem strengthens existing activities, offers additional growth areas, and supports Frankfurt School becoming one of the top German universities for young founders and startups.