Corona-Matching-Facility Builds on Well-Established Structures

In its recent statement, the German government recognized the innovative power that startups and young technology companies have and how important these companies are for the German economy. As referenced in our previous OnPoint on April 20, 2020, many young German companies and startups may have difficulties meeting the eligibility criteria of Germany's support programs. The government, therefore, designed a special support program for such companies amounting to €2 billion and has recently released further details on it. Two pillars build on well-established structures...