A successful business year for Max Planck Innovation includes increasing investment sums for the start-ups managed. Especially life sciences start-ups with a high degree of maturity provided a rec .
With guests from politics and science, Max Planck Innovation (MI) was celebrating 50 years of successful technology transfer yesterday in Berlin, after a two-year, pandemic-related, delay. Since the Max Planck subsidiary was founded in 1970, the company has supported more than 4,800 inventions and around 180 company spin-offs, as well as concluding more than 2,900 exploitation agreements. "These science-based spin-offs have created more than 9,250 skilled jobs and contributed to Germany's innovative strength as a business location with their products and services.
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The Max Planck Society has set up a new incubator programme to support a broader range of start-ups emerging from the basic research taking place in its institutes across Germany. This follows a decision to discontinue two of the three sector-specific start-up incubators that it launched between 2009 and 2015.
Germany has a problem: it is still strong in basic research, as recently demonstrated by the successful acquisition of a total of 61 ERC Advanced Grants, which secured the country first place in Europe. Twelve of these grants went to Max Planck researchers. But at the same time, Germany is not in a position to put this horsepower on the road and turn it into successful start-ups and companies, as Thomas Sattelberger, former State Secretary at the Federal Ministry of Education and Research, recently stated in an article in WirtschaftsWoche.