ERP Promotional Loan for SMEs without Liability Exemption Open
The ERP Promotional Loan for SMEs from KfW Banking Group offers commercial enterprises, sole proprietors, and freelancers the opportunity to finance investments and running costs both domestically and abroad. With loans of up to 25 million Euros, up to 100 percent of eligible costs can be covered to support start-ups, business successions, and other projects.
Who is funded?
The ERP Promotional Loan for SMEs targets a wide range of companies and self-employed individuals who have investment or working capital needs domestically or for German participations abroad. The program aims to facilitate the financing of start-ups, business successions, and general projects, thereby strengthening the commercial economy.
What is funded?
The ERP Promotional Loan for SMEs offers comprehensive financing options for a variety of investments and working capital in commercial enterprises. The program covers both tangible and intangible assets and supports companies at various stages of development, from start-up to business succession.
Type and Scope of Funding
The program offers financial support in the form of a loan and enables full financing of eligible costs up to a maximum of 25 million Euros per project.
Conditions and Requirements
To be eligible, projects under the ERP Promotional Loan for SMEs must meet certain legal and environmental requirements. There are specific conditions for compatibility with KfW guidelines and no direct consortium obligations.
Application Procedure
The application for the ERP Promotional Loan for SMEs is straightforward and submitted through the applicant's house bank, which then forwards it to the KfW Banking Group. Direct application to KfW is not foreseen.
Legal Basis
The legal basis for the ERP Promotional Loan for SMEs is a specific leaflet from the KfW Banking Group, which defines the funding conditions and modalities.
Funding Overview
Maximum Amount:
€25,000,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Individual Aid
Region:
Germany
Sectors:
Other
Funding Stages:
Planning, Implementation, Commercialization
Funding Provider
Program Level: National
Funding Body: Federal Ministry for Economic Affairs and Climate Action (BMWK)
Managed By: KfW Banking Group
Website: KfW Bankengruppe