Brandenburg Start-up Loan Open
The Brandenburg Start-up Loan is a loan program by Investitionsbank des Landes Brandenburg (ILB) in cooperation with KfW, specifically supporting young companies, start-ups, and self-employed individuals within the first five years of their business activity. It enables the financing of investments, working capital, inventory, as well as company acquisitions and participations, to strengthen profitability and secure jobs in Brandenburg.
Who is funded: Target groups and regional focus
The Brandenburg Start-up Loan is aimed at natural persons, start-ups, and young companies in the state of Brandenburg who are in the first five years of their business activity. The goal is to support their establishment, consolidation, or acquisition, thereby strengthening profitability and job security in the region.
What is funded: Measures and Costs
The Brandenburg Start-up Loan offers financing options for a wide range of business activities, including investments, working capital, inventory, as well as company acquisitions and participations. Up to 100 percent of the eligible costs can be financed, though certain measures and costs are explicitly excluded from funding.
Type and Scope of Financing
The Brandenburg Start-up Loan is provided as a loan and offers a maximum financing of up to 25 million Euros per project. Up to 100 percent of the eligible costs can be covered, with the possibility of an additional interest rate reduction by ILB, especially for young SMEs in regional funding areas.
Conditions and Requirements: Application and Program Regulations
Specific conditions apply to the Brandenburg Start-up Loan regarding application, security, and compliance with EU state aid regulations. Applicants must provide standard banking collateral and receive funding under the provisions of the De Minimis Regulation or the General Block Exemption Regulation.
Application Procedure: From Submission to Decision
The application for the Brandenburg Start-up Loan must be submitted through a commercial bank, which forwards the application to Investitionsbank des Landes Brandenburg (ILB). The process requires specific documents and prior financing consultation with the commercial bank to ensure a smooth process.
Legal Basis: Regulations and Guidelines
The Brandenburg Start-up Loan is based on a specific guideline and is legitimized through cooperation with KfW funding programs and compliance with relevant EU state aid regulations and national subsidy laws.
Funding Overview
Maximum Amount:
25,000,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Indirect Management Funding
Region:
Brandenburg (Germany)
Beneficiaries:
Start-up & Consolidation, Business Financing
Funding Stages:
Market Introduction, Scaling, Commercialization, Planning
Funding Provider
Program Level: Regional
Funding Body: Investitionsbank des Landes Brandenburg (ILB), KfW Group
Managed By: Investitionsbank des Landes Brandenburg (ILB)
Additional Partners: Commercial banks