Funding

The foundations' funding mandate is geared towards promoting science in research and teaching in the fields of capital market law, capital markets and corporate finance. In addition, the foundations would like to contribute to deepening the dialogue between academia and practice on issues of banking and capital market financing in Germany and Europe through the joint foundation project Capital Markets Union. As a general rule, an application for one of the funding opportunities listed below does not constitute an entitlement to funding. Funding decisions are exclusively at the discretion of the Executive Board of the foundation concerned, and applications can be approved or denied. The foundations and the joint foundation project Capital Markets Union currently support the funding measures described below.

Only applicants who are enrolled at a state or state-recognised German university are currently eligible for funding. The right to nominate scholarship holders also lies exclusively with professors at German universities. The linked documents on the funding measures are therefore available only in German.

Promotion Award

Each of the three foundations awards the foundations' promotional prize of EUR 5,000 on an annual basis. The prize is awarded for outstanding, practice-oriented research on issues of the capital market and supervisory law or on issues of corporate finance and capital markets, preferably with reference to the securitisation market and the Capital Markets Union. In addition to monographs, cumulative dissertations or post-doctoral theses as well as other academic works are eligible.
The complete application documents for each foundation can be found in the following links.

Dissertation Scholarship

The dissertation scholarship is awarded by each foundation on an annual basis. The scholarship is aimed at doctoral candidates who have been admitted to a doctoral programme at a state or state-recognised German university without any conditions and who are writing a practice-oriented research thesis on issues of capital markets and supervisory law or on the topics of corporate finance and capital markets, preferably in each case with reference to the securitisation market and the Capital Markets Union. The dissertation scholarship of the foundations is endowed with a monthly grant of EUR 1,100. The funding period is initially one year, but can be extended on an annual basis up to a maximum of three years (total funding period).
The complete application documents for each foundation can be found in the following links.

Publication and Printing Subsidy

Each of the three foundations awards an annual publication and printing subsidy of up to EUR 3,000. The grant is awarded for the first publication of outstanding, practice-oriented work on issues of the capital market and supervisory law or on the topics of corporate finance and capital markets, preferably with reference to the securitisation market and the Capital Markets Union.
The complete application documents for each foundation can be found in the following links.

Download area

Tables of foundation activities

Stiftung Kapitalmarktforschung (Foundation for Capital Market Research)

Stiftung Kapitalmarktrecht (Foundation for Capital Market Law)

Stiftung Unternehmensfinanzierung und Kapitalmärkte (Foundation for Corporate Finance and Capital Markets)

for Germany as a Financial Centre

Events – in German only

EDW – access for academic research

European DataWarehouse (EDW) has functioned as Europe’s first securitisation repository since 2012, collecting detailed loan-level data from issuers on all securitised exposures. Since 2019, EDW also performs this function under the Securitisation Regulation (EU) 2017/2402 and is supervised by the European Securities and Markets Authority (ESMA) and the UK’s Financial Conduct Authority (FCA).

Currently, EDW has stored information on more than 100 million loans. Access to this data is subject to a fee, with a sliding scale of fees depending on the type of use. Universities, academics and other research institutes have the possibility of having these costs covered by the Capital Markets Union Foundation Project within the framework of research projects.

Please address a corresponding informal application with a brief description of the research project, time schedule and contact details to the agent:

True Sale International GmbH

Cooperation Agreement with the European Banking Institute

The European Banking Institute e. V. (EBI), based in Frankfurt am Main, is an international centre for banking-related studies. It comprises many outstanding academic institutions in Europe that cooperate in their research activities in the field of banking regulation, supervision and resolution and whose aim is to promote dialogue between academics, regulatory authorities, industry representatives and consultants on issues relating to the regulation and supervision of financial institutions and financial markets from a legal, economic and other perspectives.

Against the background of their common goals and tasks, the Foundation Project and the EBI launched a joint funding programme entitled ‘Research Programme on Securitisation‘ in 2019. The joint research cooperation aims to support doctoral students, postdoctoral researchers and junior professors with degrees in law, finance or economics. The EBI provides administrative and logistical support for the programme and issues the application documents each year (inactive).