I am proud of the fact that TU Graz is participating in the most COMET projects of any institution. We have been ahead of the field when it comes to approval of K1 competence centres for some years now. In the competence centres, TU Graz works together with industry and ensures transfer of innovations from the university into commercial application. The effects on the employment market are huge. Through competence centres and third-party funded research projects we have created 1,800 highly-qualified jobs in Styria in the last 10 years.