Federal and State Counter-Guarantees
The federal and state counter-guarantee program secures participations of Medium-Sized Investment Companies (MBGen) in medium-sized enterprises. It strengthens corporate financing by minimizing the risks for guarantee banks. This facilitates access to capital for the medium-sized commercial sector in Germany.
Who is funded?
This program targets small and medium-sized enterprises (SMEs) and start-ups in Germany by securing corporate investments through a system of federal and state counter-guarantees. The goal is to facilitate financing for the medium-sized commercial sector.
What is funded?
The program primarily supports corporate investments by Medium-sized Investment Companies (MBGen) in commercial enterprises by providing federal and state counter-guarantees for these investments.
Type and Scope of Funding
This program offers financial support in the form of federal and state guarantees, which secure the guarantees issued by guarantee banks for corporate investments.
Conditions and Requirements
Key conditions include compliance with EU state aid law, especially regarding cumulation rules, and the possibility of combining these guarantees with other funding instruments.
Application Procedure
The application procedure for these counter-guarantees is managed by the Medium-sized Investment Companies (MBGen), who submit the inquiries to the guarantee banks.
Legal Basis
The legal basis for this program is based on European state aid law, with specific methods for calculating the aid value approved by the European Commission.
Similar Programs
Funding Overview
Funding Status:
Open
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Financial Instruments
Region:
Germany
Beneficiaries:
Business startups & consolidation, corporate finance
Application Type:
Single Applicant
Funding Provider
Program Level:
National
Funding Body:
Federal Government and States
Managed By:
Medium-sized Investment Companies (MBGen)
Additional Partners:
German Guarantee Banks, Association of German Guarantee Banks (VDB)