Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

germany

The European Investment Fund (EIF) cooperates with the Fraunhofer-Gesellschaft to launch the Fraunhofer Tech Transfer Fund under the European Commission’s InnovFin programme with a total volume of 60 million euros. They will be supported by the European Fund for Strategic Investments, EFSI, the heart of the Juncker Plan. The aim is to commercialize the intellectual property generated at the Fraunhofer-Gesellschaft from its 72 thematic Fraunhofer Institutes across Germany. The agreement is also supported by InnovFin, the European programme for innovative small and medium businesses. The two complementary partners – the EIF as an expert in fund structures and Fraunhofer as Europe's largest application-oriented research institution – want to bridge the gap in early commercialization phases and grow more high-tech start-ups in Germany and Europe.