Steinbeis Foundation
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The Steinbeis Foundation is an institute headquartered in
Stuttgart Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of ...
,
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
dedicated to the transfer of academic findings and knowledge into the field of business. Established in its current form in 1971, the foundation encompasses the
Steinbeis-Hochschule Berlin Steinbeis-Hochschule Berlin (SHB) (or Steinbeis University) is a private, state-approved university in Germany, well-known for its focus on applied research and industry-oriented education. It is primarily known for its cooperative education prog ...
, hundreds of ''Steinbeis Transfer Centres'' and ''Transfer Institutes'' which operate as stand-alone profit centres. Many are based at German universities of dual education and applied sciences under the directorship of professors who also use the Steinbeis network to attract funding from industry into academic research and study.


History

The Steinbeis Foundation was founded by the State of
Baden-Württemberg Baden-Württemberg ( ; ), commonly shortened to BW or BaWü, is a states of Germany, German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million i ...
based on a concept first developed by its patron Ferdinand von Steinbeis (1807-1893). Von Steinbeis set up a variety of vocational colleges in
Baden-Württemberg Baden-Württemberg ( ; ), commonly shortened to BW or BaWü, is a states of Germany, German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million i ...
aimed at fostering dual education.


Investments

In 2019, Steinbeis Foundation invested in Teylor, a Swiss-based a digital
loan In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the deb ...
platform and developer of digital financial products and services for the
financial services Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...
industry.


Turnover

Steinbeis turnover in 2008 totalled 124 million
euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...
s generated by a network of 765 Transfer Centres or Research Centres, Advice Centres or Transfer Institutes.Steinbeis Report 2008
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See also

*
Baden-Württemberg Cooperative State University The Baden-Württemberg Cooperative State University (German: ''Duale Hochschule Baden-Württemberg'', DHBW) is an institution of higher education with several campuses throughout the state of Baden-Württemberg, Germany. It offers dual-educati ...


References


External links


Steinbeis foundation web site
{{Authority control Foundations based in Germany Steinbeis-Hochschule Berlin Organisations based in Stuttgart Scientific organizations established in 1868 1868 establishments in the North German Confederation