Support Programs:
Financial Assistance
The programs of financial assistance set up by the state of Bavaria give companies incentives to investigate and utilize advanced technologies. The programs thus foster the proliferation of these technologies throughout the state’s business community.
Financial Assistance Programs Include:
- Bavarian Program for the Introduction of Technologies (BayTP)
- Bavaria’s Program to Foster the Starting Up of Hi-tech Companies (bayTOU)
- “New Materials” Program of Development
- Microsystem Technologies in Bavaria
- Program for Fostering of Efficient Ways of Producing and Using Energy
- Bavaria’s Regional Promotion Programs
- Bavaria’s Program of Technological Consulting
Bavaria’s Research Foundation
The foundation’s main activity is to foster the rapid and multifaceted application of the findings compiled by the cutting edge research projects jointly conducted by the state’s scientific and business communities. To that end, the foundation provided more than DM 443 million in funds to such projects during the period 1990-1999.
Bavaria’s Research Foundation Project Sectors:
- Life Sciences
- Information and Communication Technologies
- Advanced Materials
- Environmental Technologies
Venture Capital
Commissioned by the state government of Bavaria, Bayern Kapital provides Bavaria-based, high-tech start-ups with participatory capital. These funds, in turn, finance the development and deployment of innovations. The provision of these funds generally occurs on a matching basis. The financial institutions providing participatory equity to the start-ups can also reduce the attendant risk by securing a limited-term option to sell their holdings.
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