New Business Ideas – Funding by the Montan Foundation Saar

The Montan Foundation Saar supports companies, start-ups, and educational institutions in Saarland in developing future-oriented business fields and models. The focus is on innovative approaches in areas such as digitalization, artificial intelligence, quantum computing, sensor technology, Industry 4.0, as well as renewable energies, energy storage, and the hydrogen economy. By promoting new business ideas with a clear connection to the Saarland steel industry, the competitiveness of the sector is strengthened, contributing to the long-term safeguarding of jobs and economic performance. The program is designed as a grant and allows for continuous applications – a flexible support tailored to the dynamic requirements of a transforming industrial sector.

Projects with a clearly pronounced innovative character, a comprehensible connection to the foundation’s objectives and the Saarland steel industry, as well as demonstrated entrepreneurial suitability and economic viability, are eligible for funding. In the evaluation, alongside the novelty of the idea, its contribution to securing the future of the steel industry and its significance for the regional economic area play a central role. For the application, a completed application form, a detailed project description, and supplementary documents such as offers or outlined concepts must be submitted. Since applications can be made at any time, prompt implementation of promising ideas is encouraged. Thus, the funding provides a building block for the sustainable modernization and further development of the Saarland industrial location.