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01.12.2008 MEZ
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High-Tech Gründerfonds
The High-Tech Start-up Fund is a project jointly called into being by the German government, the companies BASF, Deutsche Telekom and Siemens, and the KfW banking group as part of the Partners for Innovation initiative. In all, 262 million will be made available in the next five years, a full 240 million of it from the federal government budget. The High-Tech Start-up Fund invests Venture Capital in young, high potential, technology-oriented companies, that are focusing on the entrepreneurial implementation of high promising results of research. The High-Tech Start-up Fund offers companies up to 500,000 in initial financing, as a combination of equity and subordinated loans at attractive conditions. The founders themselves contribute 20 percent of the funds as equity; ten percent in the case of founders from former East Germany and Berlin. The financing is designed such that the start-ups can avail themselves of other research grants without curtailments.
http://www.high-tech-gruenderfonds.de
Country:
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Fund:
T-Corporate Venture Fund
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T-VENTURE TOP NEWS
Press Release
Bonn, July 15, 2008
T-Online Venture Fund invests two million Euro in swoodoo.
more
Press Release
Bonn, June 10, 2008
T-Mobile Venture Fund markes strategic investment in deCarta.
more
TELEKOM TOP NEWS
New smartphone
T-Mobile launches BlackBerry Pearl Flip 8220 in Germany.
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Doctors for Developing Countries
Aid organization declares success.
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Roaming agreement
DT extends hotspots in China.
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