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Hamburg promoting links between commerce and science

Hamburg investing EUR 150 million in innovation parks

Hamburg’s senate is investing up to EUR 150 million in expanding four research and innovation (R&I) parks now under construction in Altona, Bergedorf, Harburg and in Finkenwerder over the coming years. Plans are being laid to locate start-ups near the research companies established there. Hamburg Invest is responsible for co-ordinating the plans.

Joint benefits for research and commerce

The overall aim is to bring research and commerce closer together. Production and development would benefit from closer proximity to science. Companies and start-ups can lease news buildings presently under construction. The EUR 150 million provided by the senate could be lowered, if Hamburg-based companies also invested in the R&I parks.

Around 20,000 jobs to be created

Frank Horch, Senator for Economics, said: “These four innovation parks will form the basis for creating up to 20,000 new jobs. This power of innovation will create far more production and jobs in Hamburg.” Each park has a different technological focus. The park in Altona focuses on nano and laser technology while emphasis in Bergedorf is on energy storage systems and photonics. The park in Harburg focuses on green tech and medical technology while aviation takes centre stage in Finkenwerder.
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Sources and further information:
www.hamburg.de/presse
www.hdb-hamburg.de/staedtische-technologieparks
www.buergerschaft-hh.de

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