Saxony: Saxony supports medium-sized companies and start-ups

Dresden (dpa/sn) - Saxony also wants to support medium-sized companies and start-ups in the new EU funding period with the market launch of products and digitization.

Saxony: Saxony supports medium-sized companies and start-ups

Dresden (dpa/sn) - Saxony also wants to support medium-sized companies and start-ups in the new EU funding period with the market launch of products and digitization. Around 95 million euros from EU and state funds are earmarked for this by 2027, said Economics Minister Martin Dulig (SPD) on Tuesday after the cabinet meeting in Dresden.

The funding guidelines decided by the cabinet would push innovations and accelerate the digital transformation. "These measures increase the competitiveness of the Saxon economy. Especially in times of energy crisis, pandemic and fragile supply chains, our companies need these impulses."