BioRegio STERN Management GmbH offers inter-municipal funding to stimulate the economy for a region with 248 towns and local authorities and a total of 3.3 million inhabitants. With a GDP of over EUR 150 billion, this region’s economic power is comparable to that of Hungary.
At the heart of the cluster are 120 medtech companies, with more than 12,000 employees, and 110 biotech companies, employing over 4,500 staff. The more than 1,000 engineering companies – around 40 of which are already active in the life sciences – are increasingly important. All in all, some 19,000 jobs have been created in the region’s life sciences sector.