📋 Tender Overview
The Leibniz Institute for Economic Research Halle IWH has submitted an expert opinion on the evaluation of the joint federal-state task Improving the regional economic structure GRW . The results clearly demonstrate the positive effects of investment support in structurally weak regions.On the occasion of the publication of the report Federal Minister of Economics Peter Altmaier emphasized With regional economic development we have a strong and effective tool Together with the federal states we use targeted investment incentives to stimulate growth in economically weaker regions thereby reducing regional differences and securing jobs in the regions. Regional economic development will therefore continue to be more important than ever in the current Corona crisis and it will also contribute to cohesion in our country.The focus of the evaluation report presented is an impact analysis for the funding period 2009-2016 in which GRW- funded companies are compared in terms of their development with a control group of very similar companies that do not benefit from the funding. The experts particularly emphasize the employment growth triggered by the GRW funding which can still be demonstrated a few years after the funding ended. The GRWs central goal of creating permanent jobs in structurally weak regions and thus creating equivalent living conditions is achieved. The GRW has a positive effect-Funding also based on the turnover of the subsidized companies and regional income.The federal government provides 600 million euros a year for the GRW. Together with the funding share of the countries in the same amount 1.2 billion euros can be used annually. To support the regional economic structures in the corona pandemic the federal government will also make additional 250 million euros available for federal funds for the GRW as part of the economic and crisis management package this year and next.
