The economic policy followed by the government of Basel is clear. It deliberately does not actively intervene in the economy, but instead focuses on creating and maintaining attractive framework conditions.
Strengthening the strengths
The local economy is in a very good position. The important branches of trade all have a promising future, and Basel will remain an attractive location. A dynamic economic promotion focusing on the strengths of the area is an essential and integral part of Basel’s economic policy. The Canton of Basel-Stadt therefore focuses on the important branches of trade and leading companies. By “strengthening the strengths”, Basel will become more attractive to specialised businesses. The Canton of Basel-Stadt expressly recognises Basel's position as an acknowledged centre of research and production excellence for the life sciences industries. Training and research facilities in this field receive particular encouragement. Other key sectors supported by the canton include the finance and insurance sector, logistics, the creative industries as well as the chemical industries.
Basel offers a full range of services to companies which are not yet represented in the canton itself: BaselArea, Economic Promotion, and the Office of Economy and Labour of Basel-Stadt both help companies with whatever issues may arise.
Industry and trade associations also offer a broad range of services to companies in Basel. Their interests are represented by the "Gewerbeverband Basel-Stadt" (Basel-Stadt Association of Small and Medium Size Enterprises) and the "Handelskammer beider Basel" (Basel Area Chamber of Commerce) as well as the "Arbeitgeberverband Basel" (Employer’s Association Basel).
i-net innovation networks
i-net innovation networks is part of the Basel cantonal economic development programme which aims, among other things, to offer companies from selected technology sectors above-average conditions compared with competitor locations in Switzerland and abroad. i-net innovation networks supports and accelerates innovations in future technologies: currently, nanotechnology, greentech and communications technologies. i-net innovation networks provides a neutral, professionally-managed platform through which researchers, developers, suppliers and customers are brought together. All parties involved are given an opportunity to actively participate in the development of innovative solutions. Suppliers get to know about market requirements, while customers gain direct access to the latest developments. Through the activities of i-net innovation networks, research and development potential in the Basel region is better exploited.
BaselArea – Economic Promotion
Do you want to operate in one of the leading economic regions in the world? BaselArea will be happy to assist you. Our experts will advise you free of charge and actively help you to successfully launch your company.
Initiative Kreativwirtschaft Basel IKB
As an impulse programme of the Canton of Basel-Stadt, the Initiative Kreativwirtschaft Basel IKB (Creative Economy Basel Initiative) is an instrument for economic promotion. It has the goal of strengthening the potential of the creative economy as a cultural and economically significant field. The services provide by the initiative are offers to individual persons and companies, whereby the industrial fields of design and architecture are in the foreground.