Their main goal is to make Hamburg the number one biotechnology location in Germany. To achieve this they offer a wide range of different aids to attract new and established, both national and international biotechnology companies to Hamburg. Starting out the new millenium with a commitment to future technology, Hamburg opened its doors to a new stock company in one of the most booming markets. It is called BioAgency.
Shareholders are both private investors as well as public institutions.
Its main purpose is to support anyone who wants to establish a new biotechnology company or who would like to extend its present activities in the biotechnology sector. Having its offices in Hamburg, BioAgency mainly focuses on the Federal State of Hamburg but also supports activities in the entire northern region of Germany. This does not only qualify him for this position, but it also indicates the industry connection on which the BioAgency is based on. Their targeted customers are not only those working in the classical sectors of biotechnology, but they also want to assist companies who are making secondary use of biotechnology. An example of these firms would be the developers of bio information systems or manufacturers of food products.