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Business Development

Business Development

Business Development
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The state's own Society for Saxon Business Development (Gesellschaft Wirtschaftsförderung Sachsen - WFS) supports German and foreign investors, as well as Saxon communes and firms since 1991, working closely with communal support initiatives. The Saxon Development Bank helps to encourage enterprise and in particular supports businesses, technology, exports, answers labour market questions and offers coaching in the creation of new ventures and small businesses. Assistance is also offered for mergers, capital injections and loan security. Cooperatives in manufacturing and innovation are supported financially and receive further assistance from state-supported networks. A database of sources of support helps looks for subsidies for the most varied programmes.

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