Joint Task "Improvement of Regional Economic Structure" (GRW) – Commercial Enterprises

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Who is Funded: Target Groups and Regional Coverage of the GRW

The state of Saxony-Anhalt supports a wide range of actors through the Joint Task "Improvement of Regional Economic Structure" (GRW): commercial businesses, the tourism sector, and specific associations in the form of cooperation networks and innovation clusters. The funding aims to sustainably improve the regional economic structure by supporting the creation and securing of permanent jobs and generating additional sources of income. The geographical coverage extends throughout the entire federal state of Saxony-Anhalt, with specific funding rates varying depending on the district and independent city.

What is Funded: Eligible Projects and Costs

GRW funding in Saxony-Anhalt supports a variety of projects that contribute to strengthening the regional economic structure. This includes operational investments that can be based on both capital expenditure and wage costs. Furthermore, the establishment and management of cooperation networks and innovation clusters are funded. Environmental protection measures that exceed legally prescribed standards are also eligible for funding. Eligibility depends on the type of costs and the applicant's sector.

Type and Scope of GRW Funding

The Joint Task "Improvement of Regional Economic Structure" (GRW) in Saxony-Anhalt offers non-repayable grants as project funding. The amount of funding varies widely and depends on the company size, the geographical location of the investment project, and the type of project (e.g., investment project, cooperation network, innovation cluster, or environmental protection measure). Specific maximum funding rates and maximum funding amounts per project exist.

Conditions and Requirements for Applicants

To receive funding from the Joint Task "Improvement of Regional Economic Structure" (GRW), applicants and their projects must meet specific legal, administrative, and operational conditions. These include requirements for project start, job security, compliance with aid rules (such as the De minimis Regulation), budgeting guidelines, and cooperation. Non-compliance with these conditions can lead to the recovery of funds.

Application Process: Step-by-Step to Funding

The application process for GRW funding in Saxony-Anhalt requires careful preparation and the timely submission of complete documents. The application must be submitted before the project begins and will be reviewed and approved by Investitionsbank Sachsen-Anhalt at its discretion.

Legal Basis of the Joint Task "Improvement of Regional Economic Structure" (GRW)

The Joint Task "Improvement of Regional Economic Structure" (GRW) in Saxony-Anhalt is based on a specific guideline from the Ministry for Economic Affairs, Tourism, Agriculture and Forestry of Saxony-Anhalt. This guideline is underpinned by a multitude of national and European laws, regulations, and guidelines that form the legal framework for granting subsidies and ensure conformity with state aid requirements.