Ministers Karliczek and Altmaier: "A good day for Germany"
Today, the Federal Cabinet decided to set up an agency to promote breakthrough innovations. The aim is to provide financial resources and scope for innovation stakeholders to translate groundbreaking findings into marketable products.
Federal Minister of Education and Research Anja Karliczek said: " are a life insurance policy to guarantee the of German companies. We want to maintain the level of prosperity and the quality of life of our citizens. For this purpose, we need more courage, more optimism and the determination to take fresh approaches. Therefore today is a good day for Germany. The agency to promote breakthrough innovations will help to raise our awareness of promising ideas and provide more scope for innovation experts. We will give a lot of support to this agency for thinkers and doers. We want to create new products, new business models and in particular new high-quality jobs in Germany. We want to show the world that the future is made in Germany
said: "Numerous inventions that can break new ground and revolutionise markets have been made in Germany; however, many of them never get implemented. The new agency aims to help translate these highly innovative ideas from science, research and business into successful products and services, thus creating new jobs in Germany. 'From the idea to market success' – this must also become possible in Germany, not only in Silicon Valley and in Asia. We want ideas 'Made in Germany' where companies themselves increasingly drive technological progress – for example in the areas of artificial intelligence, new types of mobility and medical technology breakthroughs."
The agency takes a person-oriented approach: it relies on highly competent and creative innovation managers who will work in the agency for a limited time and enjoy freedom of action. It will be up to them to select research and development projects with the potential of breakthrough innovations, support them from the idea to the application, where possible, and – depending on the success of the project – stop or continue them. Universities, non-university research establishments and companies will implement the projects. Ideas that are supported will be made use of and placed on the market by spin-offs, companies or the public sector itself in the context of public procurement.
The Federal Ministry of Education and Research and the Federal Ministry for Economic Affairs and Energy have jointly submitted the proposal to the Federal Cabinet.