Fraunhofer Institute for Systems and Innovation Research ISIStudy of Saxony as a start-up location
The Free State of Saxony supports the realization of numerous entrepreneurial business ideas based on its present start-up business strategy. Politically, a dynamic start-up culture is seen as the driving force for a competitive economic structure in the future. Worldwide, start-ups receive monetary and non-monetary support. Saxony provides primarily monetary support via specific subsidy and loan programs, but also by awarding prize money and grants. In addition to financial support, hybrid and non-monetary support initiatives have recently become more important, such as start-up and business plan competitions, accelerators, setting up technology and innovation centers and providing co-working spaces.
The available and provided information, data and figures on Saxony's start-up scene do indicate the fundamental economic importance of these start-ups for the Saxon economy. However, they are not sufficiently detailed, differentiated or analytically processed to enable a comprehensive overview of the conditions of the start-up business scene in Saxony, or to be able to derive specific recommendations for activities to strengthen and further develop the support for start-ups here. This gap will be closed by the study of Saxony as a start-up location.