The Federal German government, the KfW banking group and the industrial enterprises BASF, Deutsche Telekom and Siemens have joined together under the "Partners for Innovation" initiative and started High-Tech Gründerfonds with 272 million EUR.

High-Tech Gründerfonds invests venture capital in young, high-opportunity technological companies implementing promising research results in an entrepreneurial manner. Over the next five years, we want not only to provide technologically oriented company foundations with the start-up capital they so urgently need; we also want to ensure the necessary supervision and support for their management.