New state funding program - implementation of operational innovations
Small and medium-sized commercial companies in Rhineland-Palatinate as well as accommodation providers who want to introduce innovative products, services or innovations in the production process and place them on the market can benefit from state grants from the Rhineland-Palatinate Ministry of Economics: As part of the program for the implementation of operational innovations (IBI), medium-sized Companies apply for subsidies of 10 percent and small companies for subsidies of 20 percent at the Investment and Structural Bank Rhineland-Palatinate (ISB). The grant amount for individual projects is between 50,000 euros and a maximum of 5 million euros per company. The donations are intended to help maintain and strengthen the performance and competitiveness of companies.
More information can be found here.