Labor-related Incentives and R&D Project Grants After the location-based investment has been initiated, companies can receive further subsidies for building up a workforce or the implementa- tion of R&D projects. Labor-related incentives play a significant role in reducing the operational costs incurred by new businesses. The range of programs offered can be classified into three main groups: programs focusing on recruitment support, training support, and wage subsidies respectively. R&D project funding is made available through a number of different incentives pro- grams targeted at reducing the operating costs of R&D projects. Programs operate at the regional, national, and European level and are wholly independent from investment incentives. At the national level, all R&D project funding has been con- centrated in the so-called High-Tech- Strategy to push the development of cutting-edge technologies. Substan- tial annual funding budgets are avail- able for diverse R&D projects.