Basel Area: New peak in company start-ups
Basel Area Business & Innovation has never supported as many start-ups as it did in 2022. The agency for location promotion and innovation promotion supported and advised 96 start-ups during their foundation last year. The number of supported start-ups remained stable at a high level: 35 companies set up in the cantons of Basel-Landschaft, Basel-Stadt and Jura in 2022. Almost two thirds of the companies are active in the life sciences sector.
Basel Area Business & Innovation is the agency for location promotion and innovation support that helps companies, institutions and startups to be successful in the Basel economic region. Its CEO Christof Klöpper, can now look back on a successful 2022: "Both in terms of newly established companies and startups, we achieved excellent figures in 2022." Even a new record value was reached by the number of company startups supported by the agency. 96 startups took advantage of its services in the founding process. This is 20 more than in the previous year. Most of the newly founded companies operate in the life sciences (21), followed by the services (18), construction (11) and ICT (10) sectors. A large proportion of the young companies benefited from advice provided by the Venture Mentoring Program, which is characterized by industry-, customer- and technology-specific support. Among others, the Basel-based cleantech company Kuori took advantage of this offer. Since its founding in spring 2022, Kuori has already been able to close financing in the amount of 2.3 million euros and has thus made a very respectable start.
High settlement figures confirm attractiveness of Basel Area
The attractiveness of Basel as a location was also demonstrated last year by the stable high number of companies settling in the area. Of the 35 companies that have newly settled in the Basel Area, almost two-thirds are active in the life sciences sector. Of these 24 companies, 5 belong to the field of digital health innovations. The companies that have settled in the cantons of Basel-Landschaft, Basel-Stadt and Jura with the support of Basel Area Business & Innovation come from 16 countries. Of these, 14 come from Europe (e.g. Tenpoint Therapeutics), 7 from Asia (e.g. Acro Biosystems) and 6 from the USA (e.g. LifeMine Therapeutics). There were 8 arrivals from cantons outside the Basel Area. Domenico Scala, President of Basel Area Business & Innovation, sums up: "Companies, large and small, find everything they need for healthy development in our economic region. The entire value chain is here, from startups to established companies. We have venture capital, government support and functioning interfaces between business and research."
Source: www.baselarea.swiss
