The story
In 1999 the university press was founded as a spin-off of Ruhr University Bochum with funds from the Northrine-Westfalian Ministry of Innovation, Science and Research, under the so-called Program for financially safeguarding the founding of enterprises from within universities. As a preparation, in 1998 the model of Harvard University Press was studied in Cambridge MA, some elements were taken over for the founding process in Germany.
From Wikipedia’s article on West German University Press, shared under CC BY-SA 4.0.3