Frankfurt School Boosts Entrepreneurship With 45% Futury Stake
The Frankfurt School has strengthened its commitment to fostering entrepreneurship by transferring 45% of Futury's shares to three Rhine-Main universities. This move aims to intensify the connection between academic teaching, research, and entrepreneurial implementation. The universities involved are Frankfurt School of Finance & Management, Goethe University Frankfurt, Technical University Darmstadt, and Johannes Gutenberg University Mainz.
Futury, now majority-owned by these universities, has a proven track record in supporting startups. Since 2015, it has successfully accompanied around 120 startups, including FoodTech startup Formo and digital circular system Circolution. The company has also invested approximately 80 million euros in startups through Futury Capital, supporting companies like Energy Robotics and Wingcopter.
The universities and Futury have launched the Future Factory to promote academic entrepreneurship in the Rhine-Main region. This initiative aims to strengthen the entrepreneurial spirit at universities, accompany students and researchers to entrepreneurship, and transform innovative business models into market-ready companies. The Future Factory is also participating in the federal competition 'Startup Factories' of the BMWK to enhance national visibility and access additional financial resources.
The Future Factory, with the support of the participating universities, has set an ambitious goal of establishing the Rhine-Main region as the leading startup and innovation hub in Germany by 2030. This includes supporting about 1,000 new startups. With the Frankfurt School's increased commitment and the collective effort of the universities, the region is poised to become a thriving hub for entrepreneurship and innovation.
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