In accordance with the EU Commission's Guideline on State Aid to Promote Risk Financing (Risk Financing Guidelines), an ex-ante analysis is to be carried out on the "INVEST- Zuschuss für Wagniskapital" funding program in order to be able to extend the funding guideline and make potential adjustments. The purpose of this ex-ante analysis is to investigate and assess whether INVEST is suitable for addressing a potential market failure in the business angel market. This market failure would consist of young companies receiving too little capital supply to implement innovative projects or enter the market with a new product. The too low capital market supply would also prevent the creation of innovative companies.
The tasks of the project are handled by a project team consisting of staff members of ZEW - Leibniz Centre for European Economic Research - as main contractor - and Technopolis Germany - as subcontractor of ZEW.

Project duration

01.10.2021 - 31.05.2022

Contact
Cooperation partner

Technopolis Deutschland GmbH, Frankfurt am Main, DE