Interview with Steinbeis founders: subsidy management

Steinbeis

This year you are once again flanking a number of companies and groups in the area of subsidy management. What topics are currently important for companies in this area?

Christian

The spectrum is very broad and ranges from applying for research grants, large-volume technology projects, CO2 reduction measures, e.g. for company power plants, to liability releases or guarantees. We often work together with our clients on all topics relevant to subsidies. Our holistic approach to internal company projects means that we leverage the maximum financial potential of subsidies together with the companies.

Steinbeis

With funding rates of up to 45%, it pays off for companies. How do you go about it?

Christian

Structured and efficient. From the analysis of the individual projects to the application for funding. At the beginning, we identify and analyse all upcoming innovation and investment projects together with the company. After that, we go into detail with checklists and often deepen the individual topics through workshops.

Steinbeis

What are the advantages for the company besides the structured approach?

Dieter

From our point of view and experience, this approach has two main advantages: First, it identifies a large number of relevant and significant fundable projects that were not on the radar before in the initial analysis. This means more funding volume for the company. Secondly, we are able to bundle individual projects under one funding application. This saves a lot of time for the company.

Steinbeis

What does that mean for your clients in concrete numbers?

Christian

Of course, the amount of funding depends on the individual innovation and investment projects and the amount of funding available for each projects. Depending on the individual projects, the companies predominantly receive high 7 - 8 digit funding amounts per year in cooperation with Steinbeis.

Steinbeis

That is also your goal: to generate maximum funding amounts for companies from the entire funding landscape.

Christian

That's right, and we also succeed in this in our cooperation with companies. On average, we increase the inflow of funding for our clients by 300% -400% p.a. through our cooperation.
Dieter This creates corresponding positive attention within the companies, from which the individual subsidy officers/project managers within the companies in particular also benefit. Often, no funding "from outside" in the form of subsidies is planned into the individual investment projects of the companies. If individual large projects are funded with up to 45%, then this is a great result, regardless of the size of the company/group, and this is accordingly also perceived very positively, especially at the managing director/board level.