Startup revolution: Saxony and Thuringia rely on new start-ups!

Startup revolution: Saxony and Thuringia rely on new start-ups!

In an exciting step towards promoting entrepreneurship in Saxony and Thuringia, the “Boost Startup Factory” start -up initiative starts with great support from the federal government. According to Diesachsen.de , the consortium is one of the ten winners in the "Start-up Factories" competition of the Federal Ministry of Economics. And that brings with it considerable funding of up to ten million euros in the form of federal funds, supplemented by an equally high sum from industry.

The goal of this initiative is clear: by 2030, the number of knowledge -based start -ups in Saxony and Thuringia is to be doubled from around 100 to 200 annually. The focus is particularly on 50 new start-ups from the Deep Tech areas, such as semiconductor technology, photonics or medical technology.

strong partnerships

The project is responsible for the project by the Technical University of Dresden and the University of Leipzig, who have teamed up with eight other universities in the region and well-known industrial partners such as Infineon, Bosch, Zeiss, X-Fab and Volkswagen. The boost startup factory in Dresden has been committed to enabling founders not only financial but also access to industrial partners and a solid infrastructure.

"We want to establish a new founding culture in East Germany," explains Managing Director Marco Weicholdt. This could bloom young entrepreneurs in the region, which not only benefits the local economic cycle, but also raises innovations into a global environment.

support of the federal government

The initiative is also in the context of a larger plan of the federal government, which launched a competition for startup factories in the summer of 2024. According to a press release from Bitkom , the promotion of funding from science operations is a central goal. 76 percent of startup founders consider an improvement in the transfer infrastructure at universities to be important, which underlines the urgency of this initiative.

"We have to strengthen the German startup ecosystem and therefore a quick establishment of new startup factories is necessary," says Dr. Ralf Wintergerst, Bitkom President. The link between regional economy and initiatives such as the high-tech agenda as well as planned AI gigafactories plays a crucial role in securing the digital sovereignty of Germany and increasing the number of start-ups.

The implementation of the Boost Startup Factory is scheduled to begin on October 1st. This results in exciting perspectives for founders in the region, who can now be optimistic about a blooming future.

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OrtDresden, Deutschland
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