Magnify Innovation is listed with the German Federal Office for Economic Affairs and Export Control (BAFA) as a consultant under the funding programme “Förderung unternehmerischen Know-hows” (Promotion of Entrepreneurial Know-How). This means: consulting services on innovation, digitalisation, and business model development can be subsidised by the German government – you only pay part of the consulting costs yourself.
What is funded?
- Grant of 50% in the former West German states (max. €1,750 per consultation)
- Grant of 80% in the former East German states (max. €2,800 per consultation)
- Assessment base: max. €3,500 per consultation
- The funding is a non-repayable grant
Who is eligible?
Eligible are small and medium-sized enterprises (SMEs) based in Germany – whether young companies (up to two years on the market), established companies, or companies facing economic difficulties.
How it works
- Registration and application – mandatory before the consultation begins; otherwise funding eligibility is irrevocably lost
- The consultation is carried out by a listed consultant such as Magnify Innovation
- Submission of proof of use after the consultation is completed
- Disbursement of the grant by BAFA
Why work with Magnify Innovation
As a BAFA-listed consultant, we support you on economic, organisational, and strategic questions of business management – in particular the development of innovations, the advancement of your business model, and the digital transformation of your company. Not eligible under this programme are purely legal, tax, or insurance advisory services, as well as services primarily aimed at securing funding itself. We’re happy to clarify in an initial consultation which of our services are eligible for your specific project.
As of: [insert month/year]. Magnify Innovation is listed under BAFA consultant ID [insert ID]. The funding guideline “Förderung unternehmerischen Know-hows” is currently valid until 31 December 2026. For binding and up-to-date information, please refer to BAFA (German only – BAFA does not maintain an official English page for this programme).