Expenditure and revenue in the contract research segment 2012–2016
- Annual research budget approaching €1.9 billion
- Industrial revenue up 6 percent
- Project funding by federal and state governments up 10 percent on the previous year
The contract research segment comprises three complementary areas of work: research conducted under contract to customers in industry and the service sector, publicly funded research projects, and pre-competitive research financed by means of the organization’s base funding. Through their research for private-sector customers, the Fraunhofer Institutes help translate their research findings into real-life applications. In doing so, they play a central role in the innovation process that drives the German and European economies. The goal of many of Fraunhofer’s publicly funded research projects is to improve existing infrastructure in essential areas such as energy, transportation and healthcare. Moreover, these projects make an important contribution toward the creation of networks linking different elements of the public science and education system, and promote innovation in the business world.