IB Land Acquisition Loan
The IB Land Acquisition Loan in Saxony-Anhalt supports start-ups and young companies with investments in commercially used buildings and the implementation of energy efficiency measures. It offers tailored financing in the form of a loan to promote sustainable development and growth in the region.
Who is funded?
The IB Land Acquisition Loan is aimed at start-ups, freelancers, and small or medium-sized enterprises (SMEs) with their registered office or business establishment in Saxony-Anhalt. The program aims to promote sustainable development and economic stability in the region by supporting investments in commercially used buildings and energy efficiency measures.
What is funded?
The funding program specifically supports investments in commercially self-used buildings and measures to increase energy efficiency in buildings and production facilities. The funding is applicable across all sectors and targets projects in the implementation phase that aim for infrastructure improvements or process optimizations.
Type and Scope of Funding
The IB Land Acquisition Loan is granted as a loan and covers up to 100 percent of the financing requirement. The maximum loan amount is 3,000,000 EUR, and the minimum amount is 25,000 EUR. The loan term can be up to 20 years.
Conditions and Requirements
To utilize the IB Land Acquisition Loan, various conditions must be met, including securing the overall financing and demonstrating sustainable profitability. For energy efficiency measures, the improvement in energy efficiency must be demonstrated. Start-ups must also prove their qualification and submit a business plan.
Application Process
The application process for the IB Land Acquisition Loan requires submitting an application to the Investment Bank Saxony-Anhalt before the start of the project. The application must be accompanied by a statement from the house bank outlining its participation in the overall financing. The signed application documents can also be submitted via email.
Legal Basis
The legal basis for the IB Land Acquisition Loan is the guideline "Saxony-Anhalt MUT – The IB Land Acquisition Loan - Award Principles -". This guideline is publicly accessible and can be viewed on the website of the Investment Bank Saxony-Anhalt.
Similar Programs
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Funding Overview
Funding Status:
Open
Maximum Amount:
3,000,000 €
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Saxony-Anhalt (Germany)
Sectors:
Environmental and Climate Protection, Other
Application Type:
Single Applicant
Funding Stages:
Infrastructure, Process Optimization, Implementation
Funding Provider
Program Level:
Regional
Funding Body:
State of Saxony-Anhalt
Managed By:
Investment Bank Saxony-Anhalt (IB)
Website: