
Germany is boosting the startup scene and promises real profits for intelligent and motivated workers. It attracts foreigners and offers the necessary legal programmes for locals. The German Chambers of Commerce Abroad gave the initiative to start a project under the title “Startup Germany”. It resulted in 30% of new international projects implementation. The coworking trend develops rapidly, taking 5% out of the whole office stock. The world sharks operate the coworking market in the country - Regus, WeWork, Rent24 and DesignOffices. Though nowadays the coworking fashion is more prevalent in the metropolises, like Berlin, Hamburg, etc., smaller cities like Magdeburg catch the rhythm. The city provides terrific opportunities for those willing to set businesses there. First of all, it occupies a strategic location, connecting the northern and southern parts of the country and also the East and West of Europe. Secondly, it is home to two universities with courses in sciences(including applied spheres), management and economics, engineering, IT, medicine and biotechnologies, etc. So, whatever you choose to connect your business with, you will always have a chance to hire skilful employees.