The new “PROFI Transfer Plus” funding program, which is supported by the City of Hamburg and the European Regional Development Fund (ERDF), promises a further innovation offensive: With an impressive budget of over twelve million euros, research and development projects in key areas such as climate and energy, mobility, health as well as data science and digitalization are to be driven forward over the next three years. Small and medium-sized enterprises are a particular focus here.
In the PROFI Transfer Plus funding program of the Hamburg Investment and Development Bank (IFB Hamburg), individual cooperation projects can be funded with a grant of up to 2 million euros. Thematically, the focus is on the future fields of health, climate and energy, mobility, material sciences and new materials as well as data science and digitalization. In particular, research and development collaborations between several companies as well as between companies and universities or research institutions are to be supported.
In the press release, the Senator for Economics and Innovation highlighted the importance of the PROFI Transfer Plus funding program, which is specifically designed to enable small and medium-sized companies to develop new product and process innovations. Melanie Leonhard explained that cooperation with universities and research institutes is particularly valuable in this context. Through collaborative projects, existing knowledge can be effectively put into practice and new technologies, products and processes can be successfully integrated into companies. The Senator was optimistic that the program would continue to make an important contribution to the creation of future technologies “Made in Hamburg” in the future.
Ralf Sommer, Chairman of the Management Board of Hamburgische Investitions- und Förderbank, referred to the success of the PROFI Transfer Plus funding program, which can be seen in the numerous innovative projects of the past funding period: From life science to artificial intelligence to high-performance lasers, a wide range of topics was represented, which contributed to strengthening Hamburg as a location for business and innovation. We are looking forward to continuing the success story of the program with new projects.
The PROFI Transfer Plus funding program builds on the successful work of the previous ERDF funding period: Between 2014 and 2020, 20 promising research and development projects from Hamburg companies and cooperating universities and research institutions have already been funded, including companies such as Galab, nachtblau, Class 5 or WPS and universities or research institutions such as Universität Hamburg, TU Hamburg, HAW, DESY or HITeC.
More information on the PROFI Transfer Plus funding program can be found here: