ABGI, the innovation funding specialist, is expanding its existing international presence with a new joint venture in Germany. ABGI’s partner is the pioneering and long-established PFIF (Partner für Innovation & Förderung).
PFIF’s expertise, built up over the last 30 years, covers tax incentives, grants and subsidies, as well as innovation management advisory services, advising clients on how to best structure innovation projects to maximise eligibility for funding and incentives.
The joint venture will assist clients in claiming the new FZul ((“Forschungszulage”) R&D tax incentive as well as the full range of local, regional and federal grants and subsidies offered in Germany.
The FZul incentive, implemented on January 1, 2020, significantly strengthens the competitiveness of German companies, providing an R&D investment incentive scheme dedicated to large companies as well as mid-sized companies and SMEs, allowing them to be funded at 25% of their eligible R&D expenditure, with a ceiling of 1,000,000 euros per year.
One of the world’s leading tax incentive and innovation management advisors, ABGI is the consulting arm of the French-listed technology business Visiativ. With a 30+ year heritage, ABGI manages over $1bn of global tax incentives annually for a broad range of clients including some of the world’s best-known brands.
Visiativ accelerates corporate innovation and digital transformation via its collaborative platforms. By helping customers deal with strategic value chain functions – innovation, design, manufacturing, sales and after-sales – Visiativ enables them to build new experiences for their entire ecosystem.
Working with mid-caps since its foundation in 1987, the Visiativ Group posted 2020 revenues of €190 million and boasts a diverse portfolio of over 18,000 customers.