Fund for Innovation and Employment (FIB)
The "Fund for Innovation and Employment (FIB)" is an initiative by FIB GmbH, a subsidiary of ISB Rhineland-Palatinate. The program provides venture capital to small and medium-sized enterprises for technology-oriented, innovative projects, as well as for initiatives aimed at creating and securing jobs. It seeks to strengthen economic development and employment in Rhineland-Palatinate.
Who is funded?
The "Fund for Innovation and Employment (FIB)" targets small and medium-sized enterprises (SMEs) in Rhineland-Palatinate. The goal is to support technology-oriented, innovative projects, as well as projects that contribute to the sustainable creation or safeguarding of competitive permanent jobs.
What is funded?
Funding is provided for projects that contribute to the development and market launch of new products, processes, or services. Support is also given to projects that enable the sustainable creation or safeguarding of competitive and promising permanent jobs.
Type and Scope of Funding
Support from the "Fund for Innovation and Employment (FIB)" is provided in the form of venture capital. The amount of participation is clearly defined, with a lower and upper limit, although higher amounts are possible in exceptional cases.
Conditions and Requirements
To receive funding from the "Fund for Innovation and Employment (FIB)," applicants must meet certain requirements. These include providing equity capital and specific requirements for job creation in employment-intensive projects.
Application Procedure
The application for the "Fund for Innovation and Employment (FIB)" is processed through a central office to ensure a structured and efficient process.
Legal Basis
Information on the "Fund for Innovation and Employment (FIB)" is based on the details provided by the responsible development bank.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
1,000,000 €
Award Channel:
Demand Driven Scheme
Region:
Rhineland-Palatinate (Germany)
Sectors:
Other
Beneficiaries:
Manufacturing, Craft, and Service Companies
Application Type:
Single Applicant
Funding Stages:
Experimental Development, Product Development, Market Introduction
Funding Provider
Program Level:
Regional
Funding Body:
FIB GmbH, Investitions- und Strukturbank Rheinland-Pfalz (ISB)
Managed By:
Investitions- und Strukturbank Rheinland-Pfalz (ISB), Department 3