German News

German Castle in evening light

Germany to Invest €10 Billion in Start-Up Support.

Early on Friday morning folowing a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups in the country. The 2021 budget will see the government provide €2.4 billion via Germany’s developmental bank, the KfW, and other channels to help new and growing companies scale up their activities.