09.09.2026 – "The European Innovation Act addresses a central concern of German businesses: fostering innovation and easing access to its financing. In light of ongoing economic challenges and the recent hesitation around investments in research and development, German companies have high expectations for measures to strengthen European competitiveness.
Especially positive is the IP-based innovation financing. It can help facilitate access to financing options for small and medium-sized enterprises (SMEs) as well as start-ups. Equally promising are the intended impulses for innovation-oriented public procurement. Here, the government can play an important role as an anchor customer, thereby specifically supporting the development and market launch of new technologies and products.
It is now crucial that the proposed measures are accessible to as many companies as possible and stimulate R&D investments in enterprises without creating additional bureaucratic hurdles. The important task now is to implement the instruments quickly and practically. Only in this way can the European Innovation Act lead to concrete improvements for businesses and sustainably strengthen Europe's innovative capacity in the global technology competition."
- Relevant in topic:
- Innovation and Digitalisation
- Key areas:
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- Financing
It has been translated with the assistance of AI.
No guarantee is made as to the accuracy or completeness of the translation.
Released 09.09.2026
Contact
Dominik Ohlig
Press Office Duty Officer | Spokesperson