Support For Foreign Digital Companies
Marc Rohr, Director Digital & Service Industries at Germany Trade & Invest, outlines the help that’s available for businesses coming to Germany.
How can GTAI help businesses looking to expand to Germany?
GTAI supports foreign companies with our consulting services regarding both greenfield and brownfield business expansions. In addition, our consultants have extensive industry knowledge and connections, for example to digital industry associations such as Bitkom and research institutions in the digital sector like the German Research Center for Artificial Intelligence (DFKI). We are always happy to make these available to international businesspeople. Furthermore, we can activate political support and guidance for innovative companies through our shareholder, the Ministry for Economic Affairs and Climate Action.
Does GTAI offer any financial support?
GTAI itself does not have any funding mechanisms of its own, but we assist companies in applying for national or European funding programs like the Grants for Investments (GRW). In addition, we can establish contact with regional state economic development agencies, which all have their own funding instruments.
How has the new government changed the situation?
The new coalition’s digitalization plans have come at a good moment, and the easing of bureaucracy around starting new businesses will make GTAI’s work that much easier.