Growth and Innovation Equity Participations
The "Growth and Innovation Equity Participations" program by Mittelständische Beteiligungsgesellschaft Hessen (MBG H) aims to improve the capital structure of small and medium-sized enterprises (SMEs) in Hessen, especially innovation-oriented businesses. It provides equity capital to finance investments in product development, growth, business expansion, company acquisitions, and succession arrangements. This strengthens the Hessian economy through targeted support for medium-sized companies.
Who is funded?
This funding program targets small and medium-sized enterprises (SMEs) in the commercial sector in Hessen. It aims to improve their capital structure and support growth and innovation in the region. The funding is limited to the state of Hessen.
What is funded?
The program supports various investments and projects that contribute to the strengthening and development of SMEs. This includes investments in new products, business and company expansions, and arrangements for business succession. Pure loss compensation or the financing of already completed projects are excluded.
Type and Scope of Funding
The funding is provided in the form of a silent partnership. Companies can receive between 100,000 Euros and 1.5 million Euros, whereby the participation should not exceed the existing equity capital.
Conditions and Requirements
To utilize the funding, companies must meet certain requirements, including a positive earnings forecast and qualified corporate management. The participation serves to strengthen capital and not to compensate for losses or finance already completed projects.
Application Procedure
The application process for Growth and Innovation Equity Participations is straightforward: applications must be submitted informally directly to Mittelständische Beteiligungsgesellschaft Hessen mbH (MBG H).
Legal Basis
The information on the program is based on data from Mittelständische Beteiligungsgesellschaft Hessen as of September 2023. A specific legal basis or founding document is not mentioned in this text.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
1,500,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Individual Aid
Region:
Hessen (Germany)
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Product Development, Market Introduction, Scaling, Commercialization, Implementation, Other
Funding Provider
Program Level:
Regional
Funding Body:
Mittelständische Beteiligungsgesellschaft Hessen
Managed By:
Mittelständische Beteiligungsgesellschaft Hessen mbH (MBG H)