The Federal Agency to Promote Breakthrough Innovations – SprinD aims to discover highly innovative research projects with disruptive potential, support their development and help them achieve a market breakthrough. Innovation competitions intend to help find the brightest minds with the best ideas and examine the potential of existing research and development efforts.
Freedom for ground-breaking entrepreneurs
The agency coaches and supports “high achievers” who have not yet found a playing field for realising their business idea. SprinD enables innovative entrepreneurs to advance their initial ideas while allowing for as much flexibility as possible. They will also be responsible for preparing the market launch and act as the heads of their own agency subsidiary with their own team.
Facts and figures
- Founded in December 2019
- Founding Director: Rafael Laguna de la Vera
- Federal Government-owned company
- Headquarters located in Leipzig
- Anticipated 35–50 employees
- Budget of roughly 1 billion euros until 2029