IB SME Connect (Saxony-Anhalt MUT)

This section describes the eligible companies and the geographical scope of the "IB SME Connect" program. The program targets small and medium-sized enterprises (SMEs) in the telecommunications sector in Saxony-Anhalt, especially network operators. The main goal is to facilitate these companies' access to external capital, thereby promoting the expansion of fiber optic broadband networks and private investments in corporate financing in the region.

This section describes the eligible investments and activities of the "IB SME Connect" program, with a focus on the development of fiber optic broadband networks. Both eligible costs related to tangible and intangible assets, as well as excluded activities, are explained. The program primarily targets investments that create new operating sites or expand existing ones, with a focus on the long-term development of digital infrastructure.

This section explains the financial details of the "IB SME Connect" program, which provides loans to eligible companies. It outlines the minimum and maximum loan amounts, the term, and the conditions for interest rates and repayment. The program offers loans to cover the entire financing needs for eligible projects with flexible repayment options designed to support long-term investments.

This section highlights the key conditions and requirements that applicants for the "IB SME Connect" program must meet. This includes funding criteria, state aid regulations, and financial requirements. Particular emphasis is placed on financial soundness, proper project execution, and compliance with EU state aid rules. Specific rules on cumulation of aid and reporting obligations are also listed.

This section describes the application process for the "IB SME Connect" program, which requires a formal submission to Investitionsbank Sachsen-Anhalt. A key requirement is that work on the project must not have begun before the application is submitted. Loans are granted under private law, and successful applicants are subject to a review of the proper use of funds.

This section identifies the fundamental legal and official documents that authorize and regulate the "IB SME Connect" funding program. It is highlighted that the program is based on specific guidelines issued by Investitionsbank Sachsen-Anhalt on behalf of the state and integrates funds from the European Regional Development Fund (ERDF). The legal framework also includes various EU regulations that ensure compliance with European state aid rules.