Financial situation
2021 represented a year of successful growth for Fraunhofer IZM. The previous years’ investments in the Institute’s facilities and equipment were used effectively to expand its research and development services for commercial partners. Revenue from German and international enterprises and industry associations increased by a full 11.1 percent to € 16 million. This enabled Fraunhofer IZM to cover 41.6 percent of its expenditure with revenue from external commissions. Publicly funded projects amounted to € 13.5 in project volume, representing a 13.5 percent growth over the previous year.
At a full € 38.5 million, the revenue of Fraunhofer IZM grew by 2.4 percent. Fraunhofer IZM covered 79.8 percent of its operating budget for 2021 from external proceeds. In total, projects of a volume of € 29.5 million were made possible with external funding.