Stuttgart warns shortening: Funding for small companies in danger

Stuttgart warns shortening: Funding for small companies in danger

Stuttgart- In a worrying statement, the Baden-Württemberg Chamber of Commerce and Industry (BWIHK) has expressed its concerns about possible cuts in funding for the economy. President Christian Erbe made it clear that the well -requested support programs such as Invest BW, innovation vouchers and digitization bonus plus must be preserved. "These funding is of central importance, especially for small and medium-sized companies," he said in a conversation with the German Press Agency (dpa).

heir emphasized the importance of these programs and pointed out that they have proven themselves and flow directly into the development of innovation and research. "In times of economic challenges, the continuity of such funding is crucial," said Erbe. Political decision -makers should focus on proven concepts instead of inventing new initiatives and creating the right framework for companies.

urgent need for corporate successor programs

The state government, consisting of the Greens and the CDU, is currently planning the budget for the years 2025 and 2026, which is to be adopted by the state parliament by the end of the year. However, this project could be made more difficult by a reduced financial situation, since less money is available for new projects than in previous years. In particular, the fact that it is the last budget of this legislative period makes the situation precarious. Political initiatives that are not determined in this household have hardly any realistic chance of implementation until the next regular state election in spring 2026.

Another urgent concern of the BWIHK is the support of company succession. According to the heir, it is of crucial importance to create a state -owned specific program that advises potential company handover comprehensively. The often difficult process of handing over to the next generation is crucial for the preservation of jobs and added value in the region. "Many companies are urgently looking for suitable successors," explains Erbe. According to BWIHK, around 27,000 successions will be necessary in Baden-Württemberg in the next three years, whereby only one prospect is available per five companies.

The challenges with which companies are confronted in Baden-Württemberg are so diverse. On the one hand, the need to secure existing funding is more urgent than ever to stabilize the economic structure, on the other hand, the question of company succession must also be addressed promptly. These topics are essential to ensure the competitiveness of the Baden-Württemberg economy in a rapidly changing global landscape.

Prioritization on research and innovation remains a central aspect of the country's business strategy. In an ever faster -changing market, it is important not only to provide funding, but also to facilitate access to these means. "Companies not only need financial support, but also the relevant advice and information in order to be able to optimally use the funding opportunities," he added.

economic perspectives for Baden-Württemberg

The development of the Baden-Württemberg economy depends heavily on the decisions that are made as part of the new budget. Stable support and effective programs are crucial to meet the challenges of the coming years. Those responsible in the state government are therefore responsible for making well -founded decisions that not only support the economy, but also make it future -proof.

Especially in times of global uncertainties and economic upheavals, it is essential that Baden-Württemberg is still sustainable as a business location. The close cooperation between politics and business could prove to be key strategies to keep the country on the road to success.

A central point in the discussions about funding is the role of small and medium-sized companies (SMEs) in the Baden-Württemberg economy. These companies not only represent a significant part of the economic performance, but are also essential employers in the region. According to a study by the Institute for Small Research (IFM), SMEs account for around 99.6 % of companies in Germany and employ around 60 % of all employees subject to social security contributions. Such statistics illustrate how important stable support for the economic health of the country is.

The importance of innovation promotion cannot be emphasized enough. Funding programs such as Invest BW and innovation vouchers are specifically designed to strengthen the technological progress and competitiveness of SMEs. The BWIHK President Christian Erbe has emphasized the urgency of this support, especially in times of global economic uncertainties, which are reinforced by factors such as the covid-19 pandemic and geopolitical tensions.

Current challenges for SMEs

The challenges for SMEs are diverse and range from shortage of skilled workers to rising raw material prices. A survey by the German Chamber of Commerce and Industry (DIHK) shows that almost 60 % of the companies surveyed have difficulty occupying vacancies. This situation is reinforced by demographic development in Germany, as more and more workers are retiring while fewer young people enter the labor market.

Another urgent topic is digital transformation. Many companies face the challenge of keeping pace with the latest technological developments. This requires not only investments in new technologies, but also in training and further training for employees. Here the funding programs come into play that enable SME to improve their digital infrastructure and thus remain competitive.

The need for company succession

The problem of company succession is another central topic that must be taken into account as part of budget consultations and political discussions. According to the BWIHK, a total of 27,000 companies are faced with the challenge of finding successors in the period until 2026. This not only means a potential threat to economic stability, but also a danger to numerous jobs.

A specific program to support company donations could help here. Such initiatives could offer advice and support for transfers and successors to facilitate the transition process and at the same time to secure economic and social stability in the region.

summarizing considerations

Overall, it can be seen that the economic landscape in Baden-Württemberg is on the brink. The need to maintain existing funding programs and to develop new approaches to support SMEs and company succession is more urgent than ever. The next few months will be decisive to determine the future course of economic development in the country. The interests of SMEs must put in the foreground in order to create a sustainable and stable economic basis for the coming years.