ELR-Kombi Loan Open
The ELR-Kombi Loan from L-Bank, in cooperation with KfW, supports companies in Baden-Württemberg that have already received a grant from the Rural Development Program (ELR). It offers subsidized loan financing for the remaining investment needs. This program aims to strengthen decentralized economic structures and secure sustainable jobs as well as local basic services in rural areas.
Who is funded: Target groups and geographical reach of the ELR-Kombi Loan
The ELR-Kombi Loan is aimed at small and medium-sized enterprises (SMEs) and freelancers in Baden-Württemberg who have already received funding from the Rural Development Program (ELR). It aims to strengthen the economic structure in rural areas, secure jobs, and ensure basic services.
What is funded: Project types and eligible costs
The ELR-Kombi Loan finances specific investment projects in connection with ELR grants, including the purchase of land and buildings, construction and modernization measures, and the acquisition of machinery, operating equipment, working capital, and warehouses. Certain project types and costs are excluded from funding.
Type and scope of financing: Loan conditions and amounts
The ELR-Kombi Loan is provided as a subsidized loan and, together with the ELR grant, enables financing of up to 100% of eligible costs, up to a maximum amount of 5 million Euros. Various repayment models with flexible repayment periods are available.
Conditions and requirements: Funding guidelines and aid rules
Specific conditions apply to the ELR-Kombi Loan regarding application, project start, and project implementation. Important regulations concern EU aid under GBER and De minimis, compliance with German environmental and social standards, and the possibility of applying for guarantees in case of missing collateral.
Application process: Steps to funding
The application process for the ELR-Kombi Loan is carried out through the local bank procedure. Companies submit their application to their local bank, which forwards it to L-Bank. The local bank is subsequently also responsible for fund disbursements and the verification of the proof of use.
Legal basis: Authorization and regulating documents
The legal basis of the ELR-Kombi Loan is primarily a specific information sheet from L-Bank. In addition, important EU state aid regulations such as the General Block Exemption Regulation (GBER) and the General De minimis Regulation are crucial for program design and implementation.
Funding Overview
Maximum Amount:
5.000.000 €
Deadline:
always open
Open Until:
30.06.2027
Award Channel:
Demand Driven Scheme
Region:
Baden-Württemberg (Germany)
Sectors:
Other
Beneficiaries:
Commercial enterprises, freelancers, SMEs
Funding Stages:
Implementation, Infrastructure
Funding Provider
Program Level: Regional
Funding Body: L-Bank, KfW
Managed By: L-Bank, Local banks
Additional Partners: Baden-Württemberg Guarantee Bank
Website: Landeskreditbank Baden-Württemberg – Förderbank (L-Bank)