WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH

What WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH does

WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH is the public economic development agency for the Landkreis Mayen-Koblenz in Rhineland-Palatinate, Germany. Founded on July 14, 1971, and headquartered at Bahnhofstraße 9 in Koblenz, the company is a private limited liability company (GmbH) wholly owned by the district of Mayen-Koblenz and operates under a statutory mandate to promote regional economic, structural, and tourism development. It positions itself as the centralized point of contact (zentrale Anlaufstelle) and interface between business, administration, science, and politics (Schnitt- und Schaltstelle zwischen Wirtschaft, Verwaltung, Wissenschaft und Politik).

Its core offerings span five service areas: (1) Beratung — free consulting on business development, startup formation, succession planning, and permitting assistance; (2) Fachkräfte — skilled-worker programs including the MINT Region MYK initiative, the Fachkräfte-Allianz (Skilled Workers Alliance, co-founded January 2014), and the MYK AUF ZACK employer-branding sub-brand; (3) Fördermittel — administration of subsidies covering startup grants, consulting subsidies, technology promotion, investment incentives, regional development funding, and personnel development; (4) Projekte — strategic initiatives such as DigiMit² (SME digitalization), Wasserstoffnetzwerk (hydrogen network), Wissensmanagement (knowledge management), and Smarte Region MYK10 (smart region); and (5) Standort — location promotion including commercial real estate, broadband infrastructure, and regional statistics. WFG also produces content media — the quarterly WFG Dialog magazine and the STARKE WTSCHAFT. GUTES LEBEN. podcast — and hosts the annual Unternehmertag Mayen-Koblenz and recurring Unternehmerfrühstück (Entrepreneur Breakfast) series, co-organized with IHK Koblenz and Rhein-Zeitung.

The business model is non-commercial: all services are provided free of charge to businesses, startups, and investors in the district. WFG is funded by district allocations and project-specific grants rather than fees or commercial revenue, with notable grant wins including the €17.8 million BMVI Smart Cities model project (one of 32 nationwide winners, September 2020). It co-develops industrial parks with the regional Strukturentwicklungsgesellschaft am Mittelrhein and operates the Traumpf

Name

WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH

Legal name

Wirtschaftsförderungsgesellschaft am Mittelrhein mbH

Website

https://wfg-myk.de

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Economic Programs (9261)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industry

Development Finance & Blended Finance Facilities (BPADAOAD)

Keywords

• Economic development services
• Business consulting
• Workforce development
• Regional funding programs
• Location marketing

Headquarters

HQ city

Koblenz

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Public funding and district support: WFG operates as a publicly-funded economic development agency for the Mayen-Koblenz district. The organization receives funding from the district and provides free services to businesses. Revenue is derived from public funds allocated for promoting economic development, tourism, and municipal infrastructure projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH is the public economic development agency for the Mayen-Koblenz district, providing free consulting, subsidy program access, skilled-worker initiatives, location marketing, and strategic project coordination to businesses, founders, and investors in the region. It functions as an interface between business, administration, science, and politics, supporting clients from business foundation through expansion to innovation promotion, including permit assistance, location search, and access to federal and state funding programs.

Product overview

WFG MYK is a regional economic development agency (Wirtschaftsförderung) serving the Mayen-Koblenz district in Germany. It operates as a centralized point of contact for businesses, start-ups, and investors, offering a comprehensive portfolio of advisory services, skilled workforce development programs, subsidy/funding administration, and strategic location marketing. The organization functions as an interface between business, administration, science, and politics. Its core service offerings include consulting (authorization aid, corporate development, business start-ups, succession), skilled worker initiatives (MINT Region MYK, Fachkräfte-Allianz, MYK AUF ZACK employer branding), funding programs (technology promotion, investment incentives, regional development), and strategic projects (digitization/DigiMit², hydrogen network, smart region MYK10). The organization also produces content media including the WFG Dialog business magazine and the STARKE WIRTSCHAFT. GUTES LEBEN. podcast, and hosts annual events such as the Unternehmertag and Unternehmerfrühstück series.

Differentiator

Problem solved

Functional benefit

Brands

• MYK AUF ZACK: Regional employer branding initiative for companies in Mayen-Koblenz district targeting career starters and their parents
• leckerMYK
• DigiMit²
• STARKE WIRTSCHAFT. GUTES LEBEN.
• MINT Region MYK
• Fachkräfte-Allianz Mayen-Koblenz

Products and services

• Beratung (Consulting Services) Comprehensive consulting services for businesses covering authorization aid for construction projects, corporate development, business start-up support, and company succession planning. Provided free of charge to companies, founders, and investors in the Mayen-Koblenz district.
• Fördermittel (Subsidy and Funding Programs) Access to public subsidy and funding programs for businesses, including start-up funding, consulting subsidies, technology promotion, investment incentives, regional development funding, and personnel development support. Helps clients navigate federal, state, and EU funding streams.
• Fachkräfte (Skilled Workers Services) Workforce development services including the MINT Region MYK STEM initiative, Fachkräfte-Allianz (Skilled Workers Alliance) founded in January 2014, and MYK AUF ZACK regional employer branding platform targeting young professionals and career starters.
• Standort (Location Services) Location promotion services covering Mayen-Koblenz regional marketing, commercial space development, broadband infrastructure, real estate listings, and regional statistics. Supports investors and companies in identifying and establishing at suitable sites.
• Projekte (Strategic Project Initiatives) Strategic regional development projects including Digitalization and DigiMit² (digitalization support), Wasserstoffnetzwerk (hydrogen network), Wissensmanagement (knowledge management), and Smarte Region MYK10 (smart region initiative). Coordinates the Smart Cities model project with 17.8 million euros of federal BMVI funding over seven years.
• Unternehmertag Mayen-Koblenz (Entrepreneur Day) Annual flagship event bringing together business, science, and politics in the Mayen-Koblenz region. Co-organized with IHK Koblenz and Rhein-Zeitung, featuring keynote speakers and networking opportunities. Next edition scheduled for 12 August 2026.
• Unternehmerfrühstück (Entrepreneur Breakfast Series) Regular networking event series bringing entrepreneurs from the Mayen-Koblenz district together for exchange and inspiration in a relaxed atmosphere, featuring expert presentations on topics such as industrial 3D printing.

Quantifiable outcome

• Amazon settlement created over 1,000 permanent jobs and up to 2,000 seasonal positions in the first three years after opening
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core, major and minor.

• IHK Koblenz (Koblenz Chamber of Industry and Commerce)coreStrategic or Co-development PartnerAnnual co-organizer of the Entrepreneur Day (Unternehmertag) event, which brings together business, science, and politics in the Mayen-Koblenz region. Partnership combines WFG's economic development expertise with IHK's chamber representation.
• Rhein-ZeitungcoreStrategic or Co-development PartnerMedia partner for Entrepreneur Day and regional media house (Mittelrhein-Verlag) with printing facilities in the A61 industrial park. WFG supported the settlement of this leading media company in northern Rhineland-Palatinate.
• Fachkräfte-Allianz Mayen-Koblenz (Skilled Workers Alliance)coreStrategic or Co-development PartnerFounded in January 2014 by WFG together with Koblenz-Mayen Employment Agency, DGB, Koblenz Chamber of Trade and Crafts, IHK Koblenz, Jobcenter, Mittelrhein District Craftsmen's Association, and vem. die arbeitgeber e.V. to address skilled worker shortages through recruitment and retention measures.
• Koblenz University of Applied Sciences (Hochschule Koblenz)coreStrategic or Co-development PartnerCooperation on Digitalization Competence Centre, Knowledge Management projects, and various research initiatives. University provides expertise for WFG's digitalization support programs and student engagement activities.
• Arbeitsagentur Koblenz-Mayen (Employment Agency)coreStrategic or Co-development PartnerKey partner in Fachkräfte-Allianz and joint initiatives for workforce development. Agency contributes employment data and programs for skilled worker recruitment.
• Kreissparkasse Mayen (District Savings Bank)majorGTM or Marketing PartnerRegional savings bank providing financial services and often involved in joint economic development initiatives in the Mayen-Koblenz district.
• Investitions- und Strukturbank Rheinland-Pfalz (ISB)majorGTM or Marketing PartnerInvestment and Development Bank of Rhineland-Palatinate that provides funding programs and financial support for businesses supported by WFG's consulting services.
• Bundesministerium für Wirtschaft und Klimaschutz (Federal Ministry)majorOthersFederal ministry providing policy framework and funding programs that WFG helps businesses access.
• Ministerium für Wirtschaft, Verkehr, Landwirtschaft und Weinbau Rheinland-PfalzcoreOthersState ministry overseeing economic development, transport, agriculture, and viticulture in Rhineland-Palatinate. Key funding source for regional development projects.
• Zukunftsinitiative Eifel (Future Initiative Eifel)majorStrategic or Co-development PartnerCross-border network of partners promoting the Eifel region since 2005. WFG participates under the motto 'Wir.Leben.Eifel' to strengthen regional economic power and identity.
• Strukturentwicklungsgesellschaft am Mittelrhein mbHcoreStrategic or Co-development PartnerRegional development company that co-developed the Nürburgring business park and A61 industrial park with WFG. Partner in marketing commercial and industrial sites.
• TechnologieZentrum Koblenz (TZK)majorStrategic or Co-development PartnerTechnology center providing infrastructure and support for technology companies. Historical connection to Laserline GmbH establishment.
• apc-tec GmbHminorGTM or Marketing PartnerIndustrial 3D printing service provider from Limburg that presented at WFG's Entrepreneur Breakfast event on the topic of industrial 3D printing.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Berlin Partner für Wirtschaft und Technologie GmbH: Berlin's state-level business and technology development agency, offering a much broader portfolio (technology, life sciences, creative industries). Comparable in offering free consulting, location marketing, and funding navigation, but operates at significantly larger scale and breadth than WFG MYK.
• Baden-Württemberg International: State agency for international business promotion of Baden-Württemberg. Operates the same mandate of business location consulting, funding navigation, and skilled-worker attraction, but with an explicit international focus, contrasting with WFG MYK's purely local remit.
• Hessen Trade & Invest GmbH: State economic development agency of Hesse providing business consulting, location marketing, and skilled-worker initiatives. Comparable in mission to WFG MYK, with overlap in workforce development and innovation promotion.

Direct peers

• Hamburg Invest: City-state economic development entity for Hamburg, providing free investor consulting, location services, and business support. Operates the same 'one-stop shop' Wirtschaftsförderung model as WFG MYK, scaled to a larger urban geography.
• Zukunftsinitiative Eifel: Cross-border regional development network active since 2005 under the motto 'Wir.Leben.Eifel.' WFG is a participating partner. Operates a comparable regional economic and identity-building mandate overlapping with parts of WFG's territory.
• Wirtschaftsförderung Region Stuttgart GmbH: Regional economic development agency serving the Stuttgart metropolitan region, offering business consulting, location marketing, and innovation programs. Closely comparable in mission and service structure to WFG MYK at a regional scale.
• Wirtschaftsförderung Frankfurt GmbH: Municipal-level economic development agency for Frankfurt am Main, offering comparable business consulting, location marketing, and investor support services. Although much larger in scope, it operates the same Wirtschaftsförderung model as WFG MYK at city level.
• Investitions- und Strukturbank Rheinland-Pfalz (ISB): State development bank of Rhineland-Palatinate that provides funding programs and financial support for businesses supported by WFG's consulting services. ISB and WFG jointly run the Fördermittelsprechtag funding consultation days, making ISB the closest functional peer at the state level.
• IHK Koblenz: Chamber of Industry and Commerce for the Koblenz region, co-organizer of WFG's annual Entrepreneur Day and partner in multiple business-support initiatives. Operates adjacent member services, business registration, and consulting support for the same constituency.
• Strukturentwicklungsgesellschaft am Mittelrhein mbH: Regional development company that co-developed the Nürburgring business park and A61 industrial park with WFG. Directly comparable as a sister Strukturentwicklungsgesellschaft in the same region, jointly marketing commercial and industrial sites.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wfgmyk
• LinkedInlinkedin.com/company/wfg-wirtschaftsf%C3%B6rderungsgesellschaft-am-mittelrhein-mbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WFG Wirtschaftsförderungsgesellschaft am Mittelrhein mbH