Some 80% of start-ups have at least one founder with a Bachelor’s degree and 13% have at least a founder with a PhD. The highest share of founders with a PhD (20%) can be found in the biotechnology sector. In terms of education, less than half of the founders have a STEM degree. Within the STEM field, 20% of the founders possess a computer science degree (4 600 start-ups), 15% have an engineering degree (4 200 start-ups) and only 1 520 of start-ups have at least one founder with a natural science degree.