Project Description
Who’s behind it?
IFB Innovationsstarter GmbH
Category
Accelerator
Active since
2022
Founded by
Tax Authority, IFB Hamburg & Innostarter GmbH
Address
c/o Hamburg Investment and Development Bank
Besenbinderhof 31
20097 Hamburg
LinkedIn
Innovation Starter
InnoFinTech
Funding for Hamburg-based fintech companies
InnoFinTech funding includes a grant of up to 200,000 euros per startup, which can be used to finance a clearly defined development step. In addition, the start-up teams are supported in establishing the market and growing and are thus in an even better position to improve their product and generate added value in Hamburg. The InnoFinTech portfolio now comprises around 30 young companies, which have been supported with over € 2.5 million. This investment has already paid off – the majority of the fintechs supported have been able to accelerate their growth and create new jobs in Hamburg. In addition, the funding helps to address investors and is seen as a valuable proof of concept.