The city of Hof is an assisted area as a part of the EU-EFRE fund (European Regional Development Fund) "regional competitiveness and employment".
Structural policy objective is the support of economic and social conversion of areas. The two big EU funds EFRE and ESF (European Social Fund) supply this aid. Eligible for the grant are company investments via existing Bavarian programs and projects in the field of technology transfer that are of use for businesses on-site.
Besides these extraordinary funds, a whole range of Bavarian and German development programs are available. They cover all the fields of classic investment promotion of research/development/environmentalism/export/care.
Especially the Free State's extensive research and technology programs and projects - traditionally strong in this area - make Hof interesting support wise.