Young, innovative companies in the market for textile finishing and promotion will now also be profiting from this decision, as the BMWi has for the first time decided to include the TV TecStyle Visions in this funding programme for the year 2010.
Support will be granted to companies based in Germany with less than 50 employees and a maximum annual turnover of 10 million euros. Furthermore, the companies must be less than ten years old. The participants in the joint stand are only required to make a contribution of 20-30% towards the costs for stand hire and construction. Roland Gruber, Managing Director of the trade fair organiser gmk Veranstaltungsservice GmbH, welcomed this support for young, innovative companies with regard to the international marketing of their products.
“In view of the current economic climate, this signal from the BMWi comes at just the right time. For young companies it is extremely important to be able to turn their innovations into business success stories with a calculable outlay of expenses.”