Fundamentals

Public funding can be used to partially finance innovative ideas for novel products and processes with a high degree of innovation, innovative research, and development.

Innovative ideas with high risk

The project must have innovative potential. Something new that does not yet exist must be created, the market readiness of which is not yet imminent. At the same time, the project idea must have a high risk of failure. Public funding is intended to help mitigate the company’s risk in the early development phase. The presentation of the risks and thus the justification of the eligibility for funding is decisive for an approval, which is why b&d reviews research projects in this regard from the very beginning.

Different funding programs

There are various funding programs from different federal ministries, with different project management agencies, topics, requirements, and funding rates. These offer significant differences regarding the required level of innovation, the technical maturity of the idea, the necessary risk, and the market potential. The right selection can determine approval or rejection as well as the amount of funding. We always keep all funding opportunities in view and submit suitable proposals.

Implementation of the innovative idea

Every project needs sufficient employees and own resources to be able to work on the project. At the same time, a project manager must always be appointed to coordinate the project. A review of the available resources is therefore part of our scope of services.

Application and fund retrieval

Every project requires a multi-page description of the project idea, a work plan, and a financing plan for the application. Many funding programs have two-stage application processes. The first general application is followed by a main application with more in-depth content for the project and more information about the company. If an application is approved, interim reports, requests for funds, and a final report must be prepared. We support you with all forms of applications using our many years of experience and handle the written documentation.

Funding consultancy

In addition to supporting the selection of suitable funding programs, resource planning, application submission, and project management, we also help you with direct communication with the project management agencies. Through our commission-based and success-dependent billing, we can minimize the economic risk for our customers.