Funding for the Internationalization Efforts of Small and Medium-Sized Enterprises (SMEs) in Bavaria "Go International"

The "Go International" program targets small and medium-sized enterprises (SMEs) and liberal professionals with a business establishment in Bavaria. It supports these companies in entering new markets abroad or expanding their existing market presence there. The funding aims to strengthen the internationalization efforts of Bavarian companies and increase their competitiveness in global markets.

The "Go International" funding program supports a variety of activities and measures aimed at assisting Bavarian companies with internationalization. This includes strategic consulting, marketing activities, and specific preparations for market entry. Only measures directly related to developing new markets or consolidating market presence abroad are funded, while certain cost categories are explicitly excluded.

Funding through "Go International" is provided as a non-repayable grant, the amount of which depends on the location of the business establishment in Bavaria and the funding area framework of the European Regional Development Fund (ERDF). The maximum funding amount per target market is fixed, and projects have a defined duration.

To utilize "Go International" funding, certain conditions must be met. These include application requirements, compliance with state aid regulations such as the De-Minimis rule, and provisions for budget management and avoidance of double funding. Non-compliance with these provisions can lead to the withdrawal of funding.

The application procedure for "Go International" is clearly structured and requires the submission of separate applications for each target country. The approving authority reviews the applications and decides on the grant. After project completion and verification of the proof of use, the funding is disbursed.

The "Go International" funding is based on a specific guideline from the Bavarian State Ministry of Economic Affairs, Regional Development and Energy and is embedded within a broader legal and budgetary framework. It also benefits from funds from the European Regional Development Fund (ERDF) and is subject to EU state aid regulations.