The Stifterverband is a consortium of approximately 3,000 companies, corporate associations, foundations and private individuals formed to jointly support progress in science and education. The Stifterverband uses subsidy programs, analyses and recommendations for action to ensure the proper infrastructure for innovation: high-performance universities, strong research institutes and productive exchange between business and science. The Stifterverband is a visionary body and an initiator of reforms - the model projects it supports drive changes in the system of innovation. The Stifterverband is a renowned voice in economics and in science and is an important partner to politics in matters concerning science and education.
For more than ten years, Stifterverband has supported the Fraunhofer-Gesellschaft through its Science Prize, endowed with prize money of 50,000 euros. This prize is awarded for scientific excellence in applied research projects conducted by Fraunhofer Institutes in collaboration with industry and/or other research organizations.