Executed by the GACC NY, financed by the DWIH NY

STEP USA University Program November 2024

The STEP USA University Program is a 3-day program for German university startups and spinoffs, who want to scale their business in the USA. Since 2021, this great cooperation between the German-American Chambers of Commerce, Inc. (GACC) and the DWIH New York has helped young companies explore the US market.

New York is one of the most dynamic startup ecosystems in the world and offers German startups the opportunity to internationalize their business. US venture capital firms specializing in the startup scene are still looking for good business ideas. The economic situation in the USA has stabilized again after the Corona crisis. Several billion-dollar stimulus programs by the U.S. government continue to attract foreign companies to the U.S. market.

Against this background, an entry into the US market opens up good opportunities right now. During the trip to New York, the startups will learn what is important when entering the US market and how the startup and venture capital scene in the US works.

To specifically meet the needs of the fast-growing and dynamic scene of university startups and spin-offs, the German Center for Research and Innovation (DWIH) and the German American Chambers of Commerce, Inc. (GACC) in New York offer to bring interested founders to one of the most vibrant startup hotspots.

For three consecutive days, GACC New York and DWIH NY offer participation in customized workshops information on the following topics:

US Economic Update
Cultural Differences and the way of doing business in the US
Legal Requirements: Setting up your U.S. Entity, Visa Regulations, Employment & Product Liability Law
Pitching & Story Telling in the US
Sales Strategies
How to engage with US Investors and Building your Investor Funnel
Visits to incubators, meetings with angel investors and mentors