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June 26, 2015
The Site Selection Dispatch
The premier source of news on corporate
facility location & area economic development
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Precedent for major industrial investment in rural New York can be found in Malta, where GlobalFoundries started moving dirt in 2009. The majority of the company's 2014-2015 capex of more than $9 billion is destined for Fab 8 at the Saratoga County site (pictured).
Photo by Photo courtesy of GlobalFoundries


New innovation funding guidelines for investors launched in Saxony-Anhalt

The starting shot has been fired for supporting innovation in the German federal state of Saxony-Anhalt during the new period of EU structural funding. From now on, companies in Saxony-Anhalt can submit funding applications for research and development projects, as well as for knowledge and technology transfer projects. The innovation funding program supports small- and medium-sized companies in the federal state. It consists of three components for which approximately €152 million (US$171 million) are available up to and including the year 2022:

  • Providing financial support to individual and community business projects in the fields of industrial research and experimental development, and to collaborative projects between companies and universities;
  • Providing support to knowledge and technology transfer projects; and
  • Supporting Innovation Assistants with personnel expense allowances for additionally employed university graduates.

The innovation guidelines also include new support for patents: SMEs that receive funding for an R&D project can also receive funding for the patent-related and copyright-related protection of its results.

Investors in Saxony-Anhalt benefit from one of the highest investment funding rates in Germany. The state’s Investment and Marketing Corporation (IMG) supports companies with confidential and cost-free services through every step of the investment process – from site selection, funding and financing issues to permitting assistance and all matters concerning project implementation. For its quality of service, IMG recently was honored by Site Selection magazine with a 2015 Best to Invest Top Agency Award for Western Europe.

Upcoming Industry Events
Read about and link to these conferences and many more listed in the events calendar.
( * ) = event is sponsored by Site Selection magazine.
Jul 26 - 28, 2015 - Southern Economic Development Council - Savannah, GA
Sep 10 - 11, 2015 - 2015 World Free Zone Convention (WFZC) - Washington, DC( * )
Sep 15 - 17, 2015 - Solar Power International 2015 - Anaheim, CA
Sep 22 - 25, 2015 - IASP 2015 World Conference - Beijing, China ( * )
Sep 26 - 30, 2015 - IAMC Fall 2015 Professional Forum - Cleveland, OH ( * )
Oct 4 - 7, 2015 - 2015 IEDC Annual Conference - Anchorage, AK ( * )
Oct 20 - 22, 2015 - Meeting of the Minds - Richmond, CA
Oct 26 - 29, 2015 - GTDW 2015 Global Trade Development Week - Dubai, UAE
Nov 9 - 12, 2015 - FABTECH - Chicago, IL
Nov 17 - 19, 2015 - SpaceCom - Houston, TX
Dec 6 - 8, 2015 - 2015 MAEDC Competitive Conference - Chicago, IL ( * )
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