interzum 2017: BMWi supporting the participation of young companies
A great opportunity for good ideas: as in previous years, the Federal Ministry for Economic Affairs and Energy (BMWi) is once again offering newly founded companies financial support for their trade fair participation in interzum 2017. Young companies can save up to 60 per cent of trade fair costs. On offer is sponsorship for a presence at pavilions where new participants in the market can showcase their innovative products and solutions.
As the leading international fair for suppliers to the furniture industry, interzum is an ideal platform for young companies to present their creative, new developments in product and process technology. The BMWi shares this view and has included the event in the portfolio of trade fairs worthy of support from the Ministry this year. The BMWi's selection criteria are, among other terms, internationality of both the presentation and of the visitor profile.
The BMWi is pursuing a clearly defined goal with the programme: to strengthen Germany's standing as a centre of innovation and promote the export of innovative products and processes. To this end, young companies are being helped to bring their ideas to market. In concrete terms, this means that if the company meets the BMWi's prerequisites, the Ministry will pay up to 60 per cent of the stand costs. In order to be eligible for the sponsorship programme, companies must have either developed from scratch or significantly improved products, processes and services and introduced them to market. In addition, the company must be no older than ten years and must be based in Germany. The company must also fulfil the EU definition of a small company, i.e. fewer than 50 employees and with a yearly turnover of no more than Euro 10 million.
The application for the trade fair in question must be received at least eight weeks in advance of the event, a mandatory component being a formal request for the approval of sponsorship of the fair participation which must be submitted immediately in writing to the Federal Office for Economics and Export Control (BAFA) in Eschborn.
The application forms for the stands sponsored by the BMWi are available to download at: