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Berlin (dpa / bb) - The Senate Department for Economics has expanded its Transfer Bonus funding program for small and medium-sized companies in Berlin.
Since the beginning of the year, the entry-level variant has offered one hundred percent subsidies of up to 7500 instead of the previous 3000 euros, as the economic administration announced on Tuesday.
With the funding program, the economic administration brings together companies and scientific institutions.
Among other things, it is intended to support the development of new products or services from the idea to marketability.
For example, contracts with scientific institutions in the field of technology and knowledge transfer are funded.
Since the start of the program in 2009, more than 900 funding applications with a project volume of more than eleven million euros have been approved.
"Berlin is a science city and has a highly innovative middle class," said Senator for Economic Affairs Ramona Pop (Greens).
“But there is often a lack of suitable staff and funds for the many ideas.
We close this gap with Transfer Bonus. "
Information on the Transfer Bonus funding program