The Landtag will make available financial resources in the amount of CHF 1.2 million for research. It also approved a state contribution for the MINT initiative.
The Landtag has approved a credit commitment to allocate funding to the national research institutes. This concerns an agreement with Switzerland according to which collaboration with the Commission for Technology and Innovation (CTI) in the field of innovation promotion should be defined on a contractual basis.
The agreement is intended to clarify open legal questions concerning collaboration between the two countries in the research area and ensure that Liechtenstein has smooth access to the Swiss funding instrument. This is meant to strengthen Liechtenstein as an economic and innovation hub. The agreement calls for CHF 1.2 million over a four-year period. At the same time, funds in the business promotion account were cut by CHF 300,000 as per a budget supplement.
The Landtag further approved a state contribution for an initiative to promote MINT subjects (mathematics, IT, natural science and technology). A maximum of CHF 175,000 will be awarded each year to an experimental laboratory that will be set up by the MINT Initiative Liechtenstein foundation. It was launched at the initiative of the Liechtenstein Chamber of Commerce and Industry. One of the foundation’s members is the Hilti Family Foundation.