Capital Participations in Innovative and Technology-Oriented Companies
The "Capital Participations in Innovative and Technology-Oriented Companies" program by Wagnisfinanzierungsgesellschaft für Technologieförderung (WFT) supports young companies in Rhineland-Palatinate with venture capital. It aims to promote the development and market launch of innovative products while preventing commercial deficiencies by offering financial support and qualified guidance in controlling and marketing.
Who is funded?
This funding program targets young, technology-oriented companies and start-ups in Rhineland-Palatinate that require innovative venture capital for the development and market launch of their products, processes, and services. The main goal is to strengthen the equity base and prevent commercial deficiencies in technology-oriented newcomers.
What is funded?
The funding focuses on the development and market launch of innovative products, production processes, and services. The program is open to all themes and supports technology-oriented projects in various sectors.
Type and Scope of Funding
Funding is provided through equity participations. The maximum participation is limited to 500,000 Euros and covers up to 75 percent of the project costs. The term of the participation is generally 10 years.
Conditions and Requirements
For a successful application, a viable business concept and the assurance of capital parity between equity and the requested participation are crucial.
Application Procedure
Applications for capital participation must be submitted directly to Wagnisfinanzierungsgesellschaft für Technologieförderung.
Legal Basis
The basis of this funding program is the information from Investitions- und Strukturbank Rheinland-Pfalz (ISB), which acts as the parent company of Wagnisfinanzierungsgesellschaft für Technologieförderung (WFT).
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
500.000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Individual Aid
Region:
Rhineland-Palatinate (Germany)
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Experimental Development, Product Development, Market Introduction
Funding Provider
Program Level:
Regional
Funding Body:
Investitions- und Strukturbank Rheinland-Pfalz (ISB)
Managed By:
Wagnisfinanzierungsgesellschaft für Technologieförderung (WFT)