In July 2019, tech pioneer, founder and innovator Rafael Laguna has been appointed founding director of the Federal Agency for Disruptive Innovation SPRIND. With more than 30 year’s experience, Rafael Laguna has a proven track record of success in building and growing software companies. The Agency aims to foster innovations with radically new technologies and a great potential to change the market with new products, services and value chains. The Federal Republic of Germany, represented by the BMBF and BMWi, is the sole shareholder of SPRIND. The Agency will operate initially for a period of ten years. The funding currently planned for this ten-year period is around 1 billion euros.