Encourages innovation in care services with a 20 million euro investment in Saxony - Saxony Investing €20 Million in Healthcare Innovation
In an exciting development for the health and care sector, Saxony has announced a new funding initiative worth 20 million euros over the next five years. This initiative aims to foster cooperation between companies, universities, and research institutions, with a focus on digitalization in care.
The goal of this funding is twofold: to provide comprehensive coverage, improve safety, affordability, and competitiveness in the health and care sector, and to develop age-appropriate assistance systems for independent living in old age. Digital networking of facilities in the health and care sector is also a key focus.
The European Fund for Regional Development is providing the funds for this initiative. Saxony's Minister of Health, Petra Köpping (SPD), stated that this aim is to continue providing good medical care to the population. Additionally, an extra 1.7 million euros are earmarked from the current state budget.
Applications for this funding can be submitted immediately, with a deadline of September 30 of this year. However, specific application guidelines or submission processes for this Saxony care digitalization funding program have not been found in the available data.
It is important to note that while there are significant funding amounts in Germany linked to innovation in health and life sciences, there is no direct evidence from the search results about a 20 million euro funding by Saxony specifically for innovation in care with a focus on digitalization.
This funding initiative is a significant step towards digitalizing the care sector in Saxony, and it is expected that it will encourage the development of innovative solutions to improve the quality of life for the elderly and the overall efficiency of the health and care sector. Further details about the application process and eligible projects will be announced in due course.
- The new funding initiative by Saxony, worth 20 million euros over five years, plans to promote collaboration among companies, universities, and research institutions, particularly focusing on digitalization in the health and care sector.
- A key objective of this funding is to foster age-appropriate assistance systems for independent living among the elderly, while enhancing safety, affordability, and competitiveness in the health and care sector.
- The initiative encompasses digital networking of care facilities, aligning with the focus on technology and data-and-cloud-computing in this sector.
- In an effort to advance health-and-wellness, fitness-and-exercise, therapies-and-treatments, and nutrition for the elderly, this funding may also support vocational training programs in relation to these fields, furthering the adoption of science and innovation in care services.
