News from the BioCity Campus

Structural change in the central German mining area

2nd public ideas competition started.

On May 18th, the 2nd public ideas competition of the innovation region Central Germany for structural change in the central German district started. Companies and individuals based or located in the innovation region of Central Germany can submit project ideas with model character until July 17, 2020. This can involve innovative products, services and business models as well as forms of cooperation and networking. The applications must be related to the four future fields of the regional investment concept (RIK) of the innovative region of Central Germany: 1. Use of value creation potential, 2. Design of the future energy region, 3. Movement with mobility and logistics and 4. Enjoyment through networked attractiveness.

“With the ideas competition, we want to identify and promote innovative projects that have positive effects on structural change in the central German mining area. Participation is particularly interesting for companies from the innovation region of Central Germany. Because the model project 'Untersuchung Revier' is still the only program that gives them direct access to structural change funds and directly promotes entrepreneurial investments in value creation and innovation," explains Werner Huhnschäfer, project manager of the innovation region Central Germany.

The projects are financially supported by the “UNTERNEHMEN REVIER” program of the Federal Ministry for Economic Affairs and Energy (BMWi). Investment and non-investment are funded

Projects with a funding rate of 60 to 90 percent with up to 200.000 euros for individual projects and 800.000 euros for joint projects. A total of EUR 1,6 million in annual funding is available for the new competition.

Source: Press release Innovation Region Central Germany from May 28.05.2020th, XNUMX


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