Studies show that diverse teams are more productive and successful. The promotion of women and diversity in the venture capital market shall be achieved, among other things, through the targeted financial support of funds with a diverse set-up. A new funding line EXIST Women shall be established in the EXIST funding program. In state funds and investment companies, the participation of women in investment committees shall be strengthened. It is envisaged to improve measures that reconcile family and work (expansion of childcare and modernization of parental allowance for self-employed persons). New forums shall be established to improve networking between founders with a migration background and start-ups, established companies and scientific institutions.
2.5 Spin-Offs from academia
More money shall also be made available for spin-offs in the field of science, including biotechnology. Additionally, the Federal government will provide more support for the transfer of intellectual property, including the implementation of standard solutions such as IP for (virtual) shares. Networks, including those at universities, shall be strengthened, and public tenders and procurement processes shall be made easier for educational institutions.
2.6 Fostering Start-Ups for the common good
Start-ups dedicated to the common good shall also be provided with suitable funding opportunities and receive a broader platform for public recognition.
2.7 Public procurement
In public procurement processes, start-ups shall be given more consideration in the future. Also, they should be able to present their innovations digitally on an e-marketplace which allows an enhanced public awareness. Award procedures in Germany shall be made easily accessible via a central digital announcement platform.
2.8 Data access
On an operational level, access to data is critical for future business models. Against that background, the German government envisages the implementation of a whole range of measures:
• The German government will, within the framework of the negotiations on the European Data Act and data rooms, advocate for appropriate incentives for sharing data and for selected mandatory data access. It aims at creating incentives for the economy and at the same time to ensure compliance with data protection standards at European and German levels.
• When setting up the planned data institute, the specific needs of start-ups shall be considered. Planned instruments such as data trustees and data donations should also benefit them.
• Open Data shall, as far as possible and legally permissible, be made available via open interfaces (“application programming interface”, “bulk download”) in a machine-readable form and free of charge.
• The German government is planning AI vouchers for SMEs if they cooperate with start-ups in the use of AI-based technologies. SMES are often still reluctant to implement AI projects. The vouchers are intended to reduce the SME’s financial risk by covering part of the project costs as a lump sum if the SME works together with a start-up. This benefits both, the SME and the start-up. Networking between start-ups and SMEs is promoted by appropriate formats (for example, networking events or funding competitions). In addition, such formats help start-ups to get in contact with and attract new customers.