Each year, the Federal Ministry of Economics and Technology (BMWi) determines which leading trade fairs can be supported through involvement in shared stands. The aim of this promotion programme is to support young entrepreneurs in the marketing of innovative products.
Through this, the BMWi aims to strengthen both Germany as a centre of innovation and the export of new products and processes. For 2009, imm cologne, which will take place from 19 to 25 January 2009, has been included in the promotion programme alongside other leading Koelnmesse trade fairs.
Young, innovative enterprises, whose headquarters are in Germany and who fulfil the applicable EU definition of a small scale enterprise (less than 50 employees or annual turnover of a maximum of 10 million euros) and which are less than ten years old, are deemed worthy of support. In order to be awarded the promotional funds, these enterprises are required to have developed products, processes and services anew, or to have essentially improved and launched them in the market.
If an enterprise fulfils these terms and conditions and registers itself at the latest eight weeks before the beginning of the event, it will be refunded 80 percent of the costs for leasing the stand and setting it up, whereby the upper limit of the promotional sum per participant is set at 7,500 euros.
For the current year, the BMWi has recognised internationally leading trade fairs at Koelnmesse such as spoga + gafa, photokina and intermot as worthy of support. For the coming year, alongside imm cologne, the trade fairs interzum, Anuga FoodTec, IMB and Entsorga-Enteco have also been included in the promotion programme.
09. December 2008
Categories: Business
Tags: Anuga FoodTec, BMWi, Entsorga-Enteco, Federal Ministry of Economics and Technology, IMB, imm cologne, innovation, interzum, Koelnmesse, photokina, promotion programme, spoga + gafa, young exhibitors