The Hamburg Development Corporation (HWF) has undergone strategic repositioning and has been operating as one-stop agency for investments called Hamburg Invest since October 2017. The company is responsible for marketing commercial and industrial estates as well as developing research and innovation parks across the city in addition to its normal services.
Clients and partners attended Hamburg Invest’s company presentation Wednesday (November 8) in the Business Club Hamburg. Guests included solicitors and patent lawyers, tax consultants, notaries, bankers, estate agents and personnel consultants.
Central contact point
During the presentation, Dr. Rolf Strittmatter, Managing Director of Hamburg Invest, noted: “We are the central point of contact for companies who wish to invest, expand, restructure, relocate or to set up a business in the Hamburg economic region. We are looking forward to providing you with even better resources for your relocation, expansion and restructuring projects. Under the umbrella brand, we are canvassing proactively on a national and international scale to encourage more new companies to invest in Hamburg.”
Securing and creating jobs
Hamburg Invest aims to allocate sites faster and unbureaucratically to boost economic growth and to secure and create jobs through expansions or new businesses investing in the region. A ratio of 20 per cent of new companies to around 80 per cent of existing companies exists, according to Strittmatter. This reflects the ratio of new and existing jobs. Many companies backed by HIW start off on a small scale and grow in Hamburg.
During the presentation, Uta Stammer, Head of Hamburg Invest’s Property Services division and Christoph Kobe, Key Account Management, outlined new tasks, objectives, focal points and key source markets. A first presentation at the Hanover Fair is scheduled for 2018. Strittmatter noted: “The recently opened European X-ray free-electron laser, the world’s largest, our innovation and technology parks and prospering forward-looking sectors will help us put Hamburg on the map as a location of research and innovation.”
Central point of contact for start-ups
Hamburg Invest is also setting up a start-up hub to pool all the activities in the entrepreneurial scene and will function as a central point of contact for knowledge and technology-based start-ups. Speaking at the presentation, Corinna Nienstedt, Managing Director of the Chamber of Commerce, noted: “International start-ups in particular value the Hamburg mind-set – like those of the 'honourable merchant’ who stands for cosmopolitanism, deals made with a handshake and credibility.” Martin Jung, Hamburgische Investitions- und Förderbank (IFB), noted the optimistic mood and the great potential for innovation in the city. Stefan Matz, Head of International Investments at Hamburg Invest, pointed out: “Without a good network of partners who assist us with know-how and expertise, we would not be nearly as successful despite the very good product.”