Our virtual trip to the USA
Dynamic42 in the USA
We want to take the plunge across the pond! From 06/28 to 07/01/2021 we participated in the intensive workshop Step USA Virtual. It is a very successful and highly informative program that focuses on facilitating market access in the USA for young innovative companies from Germany. The concept was launched by the German American Chamber of Commerce New York (GACC NY) and took place in cooperation with the Frankfurt Main Chamber of Industry and Commerce, the Hessian Ministry of Economic Affairs, Energy, Transport and Housing, the Start Hub Hessen, the TechQuartier, the Stiftung für Technologie, Innovation und Forschung Thüringen (STIFT) and bm-t beteiligungsmanagement thüringen gmbh.
Our managing directors Dr. Martin Raasch and Dr. Knut Rennert received an excellent overview of the US market and learned where the special challenges lie and where they can receive support. “We gained insights into American customs and cultural differences and were able to practice how to pitch your corporate philosophy/vision in front of an American investor. In addition, we learned which legal requirements must be fulfilled for a company to be founded in the USA. One fact became clear: trust is more likely to be placed in a US subsidiary than in an unknown German start-up.
We were accompanied by Andrea Diewald and Irene Fuchs from GACC NY as well as a very good mix of speakers from a wide variety of specialist areas. We would like to thank the organizers of the Step USA Workshop for the successful event, which was very profitable for us.