Start-ups from Baden-Württemberg demand more investments from the state

Tom Schmidtgen Tom Schmidtgen | 14.12.2020

Over the past five years, the state government has provided 100 million euros in funding for start-ups in Baden-Württemberg. But for the industry representatives of the Federal Association of German Start-ups in Baden-Württemberg, this is not enough. As their spokesperson Adrian Thoma told the Stuttgarter Zeitung

, they are calling for a long-term perspective. For this, a three-digit million sum should be invested in order to also have security in the growth phase. Thoma makes three demands that should be considered after the upcoming election.

First, the state government should set up another fund. This should be based on the existing Start-up BW Pre-Seed Fund, which was launched two years ago and provides financial support to start-ups in the early stages. The new fund is intended to help the growth of established start-ups. The state government is also expected to make startups more visible internationally if they want to expand.

Third, large companies are to discover the start-up spirit within them. To this end, a programme is to be set up so that employees are encouraged to start up from within existing companies.


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