Sector-specific and Networking Expertise

WE HAVE COMPETENT CONTACT PERSONS FOR YOUR SPECIFIC BRANCH AND QUERY

A vital prerequisite for our work is that we’re strategically geared towards Saxony’s core competences in the fields mobility (automobile industry, logistics, rail technology, aerospace industry), microelectronics / ICT, machine and plant construction, environmental and energy technology, life sciences as well as such other industrial branches which are relevant for Saxony as, for example, the food industry. We pool our competences as well as the expertise of our network partners and Saxony’s business and scientific communities, and we process the requisite information that is essential for the Saxony Economic Development Corporation (WFS)’s internal workflow and required by external interest groups around the globe.

It is the primary objective of the branch-related strategic work to closely align our work to the needs and requirements of commercial enterprises.

TO ASSURE YOUR BUSINESS SUCCESS: WE IDENTIFY TECHNOLOGY TRENDS AND INITIATE TECHNOLOGY TRANSFER

The anticipatory identification of relevant technology trends and their integration into our business relocation and sales promotion activities as well as into locational marketing are a competence field which is increasingly emphasized and put center stage by the Saxony Economic Development Corporation (WFS). The goal is to not only establish the business location Saxony on the global market in a more specific manner.

It is, above all, our objective to support the primarily small and medium sized enterprises in Saxony in their effort to meet the requirements of global competition, which are changing more rapidly, as timely and precisely as possible. For this purpose, the WFS organizes branch-specific innovation forums and workshops in order to boost technology transfer, strengthen research and development in SMEs and, thus, foster the growth and expansion of these enterprises.

Against this backdrop, we also cooperate closely with a number of research institutions. For example, forging even closer ties between research and industry will bring about the development of new products and open new sales markets for Saxony’s companies while also creating innovations.

Chart "Economic Development: Stakeholders in Saxony"

Source: Saxony Economic Development Corporation (WFS)

WE POOL THE EXPERTISE OF OUR PARTNERS FOR YOU

We at the Saxony Economic Development Corporation (WFS) are stakeholders in Saxony’s economic development program. We consider it to be our job to connect municipal and regional stakeholders from all of Saxony with one another and with our partners from around the globe. We are the business community’s link to Saxony’s State Government and its authorities. We are the strategic cooperation partner of the branch networks in Saxony. Important partners in this also include the Chambers of Industry and Commerce (IHK) and Crafts (HWK) as well as Saxony’s Development Bank (SAB). Such cooperation is used to the benefit of various subject-specific work groups / initiatives – for example, Saxony’s Foreign Trade Initiative (AWIS) and the “Arbeitskreis Sächsischer Wirtschaftsförderer,” a work group of Saxony’s economic development agencies.

In so doing, we always focus on the needs and requirements of our target groups. This really pays off for you: You have a question, a request? We know the answer or at least the right contact person for you.

GLOBAL NETWORKING ON YOUR BEHALF

In addition to its industry-specific orientation and network activities, particular country-related expertise is the Saxony Economic Development Corporation (WFS)’s third cross-departmental, interdisciplinary working principle. In order to support Saxony’s business community and our work, we have official international representatives and contact partners in top priority countries.

We also cooperate closely with the Germany Trade & Invest (GTAI) economic development agency of the Federal Republic of Germany which presents the German economy around the globe.

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