High-Tech Gründerfonds II up and running

Nov 4, 2011 • Robert Lavine

Ernst Burbacher, the parliamentary state secretary at the German Federal Ministry of Economics and Technology, launched the second High-Tech Gründerfonds fund on Thursday 27^th October. The High-Tech Grunderfonds II fund will invest up to €500,000 ($692,000) of seed funding in Germany-based high-tech startups.

High-Tech Gründerfonds I was initiated in 2005 as a joint initiative by the Ministry of Economics and Technology together with the German government-owned development bank KfW Bankengruppe and six corporate backers. The second fund will be provided…

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