At Fraunhofer IZM, 2019 was another year of successful partnerships with industry in applied research projects. Earnings from activities with German and international enterprises and industry associations remained stable at the previous year’s high level of 14.9 million euros. Industry projects allowed Fraunhofer IZM to cover 41.8percent of its costs.Public funding for projects increased again to a level of 13 million euros. The overall revenue of Fraunhofer IZM grew to a total of 35.7 million euros.
In 2019, Fraunhofer IZM covered 78.6 percent of its operating budget from third party funds. In total, external funding accounted for 27.9 million euros of ongoing project spending.