27 / 02 / 2019
EARTO member Fraunhofer joined forces with the European Investment Fund (EIF) to launch the Fraunhofer Tech Transfer Fund under the European Commission’s InnovFin programme with a total volume of 60 million euros.
The aim of such fund is to commercialise the Intellectual Property generated from the 72 thematic Fraunhofer Institutes across Germany. Together, the EIF and Fraunhofer are willing to bridge the gap in early commercialisation phases and grow more high-tech start-ups in Germany and Europe.
Carlos Moedas, Commissioner for Research, Science and Innovation, stated: “Technology transfer is of paramount importance if we want to keep Europe in pole position in the field of innovation. This tech transfer fund will help German researchers take the product of their work to the market and make Germany’s industry more innovative and competitive. This is another example of the Juncker Plan’s added value in the country.”