Hamburg plans to promote young companies with up to 100 million euro by a custom-tailored growth fund. The coalition of SPD and Greens thus wants to support innovative companies in the important transition from start-up to successful companies and complement already existing instruments. Up to ten million euro will be allocated to the fund by the city, with the rest of the money to be contributed by private lenders. By setting up the new fund, the innovative power of Hamburg will be strengthened sustainably.
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The editorial team of Hamburg News