Green light for the Global Horizon Program. Karlsruhe Institute of Technology (KIT) has acquired EUR 2.2 million funding for the next phase of the EXIST program of the Federal Ministry for Economic Affairs and Energy (BMWi). KIT will be made the hub of international technology startups.
“Young entrepreneurs from KIT have demonstrated again and again how a good idea can be turned into an innovation for the common good. As society, we depend on their entrepreneurial acting and courageous thinking to reasonably and constructively cope with the challenges of our time,” says the President of KIT, Professor Holger Hanselka. “But a successful startup does not develop in a vacuum. Entrepreneurial spirit and specific funding belong together. The EXIST program has proved to be a highly successful instrument in supporting startups and spinoffs at KIT. I am very happy that we can continue to work along this line with the Global Horizon Program at KIT and I congratulate all parties involved in this success.
“International überzeugen” (internationally convincing), under this heading, KIT submitted a proposal for funding in the next project phase of four years under the EXIST funding program. And the proposal of KIT convinced the experts. Together with the universities of Mannheim and Heidelberg, KIT plans to connect the startup scenes as well as the founders in Karlsruhe and in the Rhine-Neckar region with the world. The BMWi will fund this Global Horizon Program (GHPro) for strategic internationalization of startup support with EUR 2.2 million in the next four years. In this way, KIT plans to become the single most important interface between technology startups in Southwest Germany and the global markets.
Source: “KIT and partners launch global horizon program”,