Hessen Capital
The Hessen Capital Funds (I, II, III) are a funding instrument of the State of Hesse, providing equity capital to small and medium-sized enterprises (SMEs) as well as technology-oriented start-ups and university spin-offs to strengthen their equity base. The program aims to finance innovation and growth projects in Hesse, with Hessen Capital III additionally co-financed by the European Regional Development Fund (ERDF).
Hessen Capital: Aim and Subject of the Equity Funds
The Hessen Capital Funds I, II, and III offer silent and open participations to strengthen the equity base of small and medium-sized enterprises (SMEs) in Hesse. They aim to finance innovation and growth projects, particularly those from technology-oriented start-ups and university spin-offs. Hessen Capital III is co-financed by the European Regional Development Fund (ERDF).
Who is Funded: Target Groups and Regional Focus
The Hessen Capital Funds target already established small and medium-sized enterprises, as well as technology-oriented start-ups and university spin-offs with a business establishment or branch in Hesse. The exact criteria for turnover and number of employees vary depending on the fund (Hessen Capital I, II, or III) and the type of participation.
Type and Scope of Funding
Funding through Hessen Capital is provided in the form of silent or open participations that strengthen the equity base of companies. The amount of participation varies depending on the fund and type of participation, with maximum amounts of up to 5 million Euros. The terms of silent participations range between 8 and 12 years.
Application Procedure
Applications for the Hessen Capital Funds must be submitted to BM H Beteiligungs-Managementgesellschaft Hessen mbH, which is commissioned by the State of Hesse with the processing.
Legal Basis
The Hessen Capital Funds and their funding conditions are based on specific founding documents and relevant EU regulations.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
5,000,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Individual Aid
Region:
Hesse (Germany)
Sectors:
Information and Communication Technology, Research and Development, Other
Beneficiaries:
Companies, Start-ups/Founders
Application Type:
Single Applicant
Funding Stages:
Planning, Experimental Development, Product Development, Market Introduction, Scaling, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
State of Hesse
Managed By:
BM H Beteiligungs-Managementgesellschaft Hessen mbH
Additional Partners:
ERDF (Co-financing)