Hessen-MicroCrowd
The Hessen-MicroCrowd program offers an innovative financing solution for founders and freelancers in Hessen. It combines a promotional loan from the Wirtschafts- und Infrastrukturbank Hessen (WIBank) with a successful crowdfunding campaign via Startnext. The goal is to enable investments and working capital for new businesses, takeovers, and consolidation measures for companies.
Who is funded?
The Hessen-MicroCrowd program targets founders and freelancers in Hessen. It supports them in establishing, taking over, or consolidating their businesses by providing a combination of promotional loans and crowdfunding. The program aims to promote projects with mid-term funding needs and sustainable economic success to strengthen the startup landscape in Hessen.
What is funded?
The Hessen-MicroCrowd program finances all necessary investments and working capital for establishing, taking over, or consolidating a business in Hessen. It covers a wide range of expenses essential for starting and operating a business, and excludes certain activities that are not eligible for aid under state aid law.
Type and Extent of Funding
Hessen-MicroCrowd is a promotional loan granted in combination with successful crowdfunding on the Startnext platform. It offers loans between EUR 3,000 and EUR 35,000 and can cover up to 100% of eligible investment costs or working capital, complemented by a repayment subsidy.
Conditions and Requirements
Funding through Hessen-MicroCrowd is subject to specific legal and state aid requirements. Applicants must possess suitable qualifications and observe certain exclusion criteria. Special regulations apply to combining with other funding and complying with De minimis regulations.
Application Process
The application for the Hessen-MicroCrowd loan is submitted directly to WIBank and must be strategically coordinated with the crowdfunding campaign on Startnext. Careful preparation of documents and adherence to deadlines are crucial for a successful commitment.
Legal Basis
The Hessen-MicroCrowd program is based on a specific guideline developed in cooperation between the State of Hessen, the Wirtschafts- und Infrastrukturbank Hessen, and Startnext Crowdfunding GmbH. It is also subject to the state aid provisions of the European Union, particularly the De minimis Regulation.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
EUR 35,000
Deadline:
always open
Award Channel:
Demand Driven Scheme
Region:
Hessen (Germany)
Application Type:
Single Applicant
Funding Stages:
Planning, Market Introduction, Scaling, Feasibility Study
Funding Provider
Program Level:
Regional
Funding Body:
State of Hessen, Hessian Ministry of Economics, Energy, Transport, Housing and Rural Development (HMWVW), Wirtschafts- und Infrastrukturbank Hessen (WIBank)
Managed By:
Wirtschafts- und Infrastrukturbank Hessen (WIBank)
Additional Partners:
Startnext Crowdfunding GmbH (Berlin)
Website: