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Germany experienced a record-breaking number of startup formations in the first half of the year, with 3,053 new companies established between January and June. The Minister of Economy, Katrin Reiche, affirmed that Germany is now on a new entrepreneurial journey, focusing on transforming good ideas into successful, globally leading companies. The study indicated that artificial intelligence plays a key role in facilitating faster and less capital-intensive business launches. Meanwhile, the government is working on developing a strategy to strengthen leading companies, which includes improving funding conditions, streamlining procedures, and easing the establishment process.
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