Niedersächsisches Ministerium für Wirtschaft, Verkehr, Bauen und Digitalisierung
About the funder
The Lower Saxony Ministry of Economic Affairs, Transport, and Building is a state ministry headquartered in the Wangenheim Palace in Hanover. It was established on February 11, 1947, and has been operating under this name since May 2025 (previously: Ministry of Economic Affairs, Transport, Building, and Digitalization). Its main responsibilities include economic policy and economic development, location development, support for small and medium-sized enterprises and crafts, transport infrastructure, as well as building and housing. Well-known programs: GRW investment promotion for companies, technology and start-up centers, urban development funding, and housing promotion.
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Mission & Vision
The ministry promotes Lower Saxony as a competitive business and innovation location, strengthens small and medium-sized enterprises, startups, and crafts, shapes future-proof transport infrastructure, and advocates for affordable housing and sustainable urban development. The guiding principle is an economic policy under the motto "Simpler. Faster. More affordable." for the benefit of the citizens and businesses in Lower Saxony.
Target groups
The funding programs are aimed at companies – especially small and medium-sized enterprises (SMEs) – as well as municipalities, startups, founders, investors, and sponsors of infrastructure projects in Lower Saxony. Geographical focus: the state of Lower Saxony. Requirements vary depending on the program; often the creation of social security-contributing jobs and location in Lower Saxony are required.