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For more start-ups in the science region of Chemnitz

Start-up network SAXEED launches a new project from the Center for Knowledge and Technology Transfer of TU Chemnitz with approximately two million euros provided for this purpose until 2017

“The good news is the project is continuing!“ says Prof. Dr. Andreas Schubert, Vice President for Knowledge and Technology Transfer at the Technische Universität Chemnitz. It is thanks to the efforts of the Saxon State Ministry for Economic Affairs, Labor and Transport, the Development Bank of Saxony, and the colleagues of SAXEED and its director, Prof. Dr. Cornelia Zanger, that a seamless continuation of the start-up network in January 2015 could be realized. The new SAXEED project has been granted more than two million euros from the Free State of Saxony and the European Social Fund until September 2017 at its four educational institution locations in southwest Saxony: Chemnitz, Freiberg, Mittweida and Zwickau.

“The successful outcome of our work with 105 start-ups from TU Chemnitz in the last eight years and top positions in university rankings for entrepreneurship support demonstrate that the financial support is well spent“, emphasizes Prof. Dr. Zanger. She will continue to head the project, which is now embedded in the Center for Knowledge and Technology Transfer on the main campus in Chemnitz. From this point project manager Dr. Marc Banaszak will ensure the coordination of daily operations. “This will include all known services for the university community. Of particular interest for graduates is that they can employ our services free of charge up to ten years after leaving their university“, says Dr. Banaszak enthusiastically. “Of course, there will be some further developments, but all in all SAXEED will stay to ensure the idea of entrepreneurial independence in universities and provide high-quality training courses.“ The academic staff of the start-up network will also continue to scout for innovative research results that seem appropriate for spin-offs, as well as provide individual support and guidance.

All of those involved in the project are content with the financial assurance of the next 33 months which will be full of exciting ideas and people, who – each in their own way – bring their own added value. Finally, Prof. Dr. Andreas Schubert, head of the Center for Knowledge and Technology Transfer of TU Chemnitz adds: “The further continuation of the SAXEED project is an important component of transferring research results into practice within the science region around Chemnitz. With this contribution to knowledge and technology transfer, universities continue to play a significant role in the development of a successful and prosperous economy in the region through future initiation and support of start-ups.“

For further information, please contact Dr. Marc Banaszak, Phone +49 371 531-35030, Email marc.banaszak@saxeed.net.

(Author: Susanne Schübel, Translation: Nataliia Boiko)

Katharina Thehos

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