Overview of Funds
Ensuring the financing of the estimated planning and construction costs has been an essential part of the preparatory work and, thanks to the support of reliable partners, has resulted in a solid overall concept.
Based on this concept, the planning costs could be reduced through the University’s own contributions. In addition, the participative process initiated by Daniel Libeskind gave rise to creative discussions in many academic disciplines at Leuphana, in the course of which useful results were achieved for the realization and design of the new building.
Funds in particular
- State of Lower Saxony: 21 M. Euro (University use)
- European Union: 12.480 M. Euro including partial co-financing, without overhead/general expenses (Research center, Graduate School, Professional School)
- District of Lüneburg: 2 M. Euro (Cooperation; congresses, events)
- City of Lüneburg: 5 M. Euro (Cooperation; congresses, events)
- Federal Ministry of Economics and Technology: 2 M. Euro (Funding energy-optimized building)
- Evangelical Church: 0.200 M. Euro (Room of silence)
- Catholic Church: 0.200 M. Euro (Room of silence)
- Klosterkammer Hannover: 0.009 M. Euro (Room of silence)
- Rheinzink Corporation: 0.005 M. Euro (Sponsoring manufacturing process)
- Foundation University Lüneburg: 1.891 M. Euro (Appropriated provisions of the university)
- Foundation University Lüneburg: 3.060 M. Euro (Input tax deduction in pursuance of value added tax refund)
- Foundation University Lüneburg: 2.599 M. Euro (Risk provision for building cost increase)
- Foundation University Lüneburg: 9 M. Euro ((Partial)wearout of the properties “Volgershall” and “Rotes Feld” - repatriation of prepaid tax paid beyond entrepreneurial use)
- Available funds in total: 60.299 M. Euro
- Building charges forward: 57.700 M. Euro