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Boost in earnings from businesses
Date:7/12/2012

The positive economic development in Germany is reflected in the respectable result for 2011", explaines Professor Hans-Joerg Bullinger, President of the Fraunhofer-Gesellschaft, presenting the figures for the previous year. Financial resources rose from 1.66 billion euros to 1.85 billion euros. That's equivalent to a growth of twelve percent."

The research organization's financial resources are made up of the budgets for contract and defense research plus the expansion investments. Contract research the key area of research and development services grew eight percent to 1.515 billion euros. In terms of defense research, the current budget of 98 million euros was five percent up on 2010. The expansion investments rose substantially to 236 million euros," said Chief Financial Officer Prof. (Univ. Stellenbosch) Dr. Alfred Gossner, explaining the 2011 result.

Significantly more business income

For contract research, project income rose to 1.1 billion euros this is the income from orders with businesses, publicly funded projects and licenses. Business income has developed especially well," emphasizes Gossner. It is up 15 percent and reached a historic high of 531 million euros." Business income has increased dramatically twice in succession. Having risen by 15 percent, orders from industry in 2011 stood at 406 million euros. Fraunhofer took in 125 million euros from licenses. Income from public projects with the government and the states amounted to 405 million euros. And Fraunhofer earned 71 million euros from EU projects.

In addition to income from industrial orders and public projects, the financing model employed by the Fraunhofer-Gesellschaft has a third pillar, institutional funding. Institutional funding is provided by the German federal government and the states on a ratio of 90:10. Fraunhofer uses these funds for initial research, expanding the technology portfolio and for internal programs. This institutional f
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Contact: Franz Miller
franz.miller@zv.fraunhofer.de
0049-891-205-1300
Fraunhofer-Gesellschaft
Source:Eurekalert

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