On February 15th 2017 the third stakeholder meeting took place in the Investitionsbank Sachsen-Anhalt (IB, Development Bank of Saxony-Anhalt) Magdeburg. The first part within this meeting was the report of the two stakeholders who participated in the Peer Review in Thessaloniki and Florence. The main part dealt with the evaluation of the Peer Review in Saxony-Anhalt, including a short summary of discussed points and a feedback of those stakeholders who took part. Based on the results of the Peer Review and on the before conducted survey requirements, risks and next steps of 10 indispensable suggestions to improve funding processes and reduce administrative obstacles were presented. Especially advantages and disadvantages of examples presented by the other partners in the Peer Review and their possibility to implement them in Saxony-Anhalt were discussed.

Finally next steps, such as identifying wishes for a study visit, planning and implementation of the first study visit in Saxony-Anhalt and an analysis of the current state, were specified. The next meeting will take place in June 2017.

Within this project PURE COSMOS the Investitionsbank Sachsen-Anhalt aims to cut the red tape in funding processes through digitization.