Implementation of the Growth Loan within the Bavarian SME Loan Program (Start-up and Growth Loan GuW)

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Who is funded?

The LfA Förderbank Bayern Growth Loan is aimed at small and medium-sized enterprises (SMEs) and freelancers with a business establishment or branch in Bavaria. The funding aims to maintain and strengthen the diversity and performance of SMEs in Bavaria by supporting growth projects.

What is funded?

The Growth Loan supports various projects by companies and freelancers in Bavaria that aim for expansion, efficiency improvement, or innovations. This includes investments in tangible and intangible assets as well as working capital. However, there are clear delimitations of which costs and measures are not eligible for funding to avoid double funding or incorrect funding.

Type and Extent of Funding

The Growth Loan is provided as a low-interest loan and offers an attractive financing option with a high funding rate. Conditions such as interest rate and term are flexible and adapt to the applicant's creditworthiness and the nature of the project. Special incentives exist for founders and projects in certain Bavarian funding areas.

Conditions and Requirements

Certain legal, administrative, and economic prerequisites must be met for the application and implementation of the Growth Loan. EU state aid rules, such as the GBER and the De minimis Regulation, apply, which regulate the intensity of aid and the cumulation of aid. In addition, specific requirements for application and use of funds must be observed.

Application Procedure

Applications for the Growth Loan are submitted via the house bank and then forwarded to LfA Förderbank Bayern. Specific forms must be submitted, and the LfA makes the decision on funding after examining the prerequisites.

Legal Basis

The Growth Loan is anchored in legal guidelines and regulations that detail the funding purpose, target group, and funding prerequisites. These foundations ensure transparent and legally compliant allocation of funding.