IB.SH Microcredit
The IB.SH Microcredit from Investitionsbank Schleswig-Holstein supports business start-ups, acquisitions, and consolidation projects within the first five years of business activity. It offers a loan between EUR 3,000 and EUR 25,000 to finance investments and working capital and is specifically tailored to the needs of natural persons and small businesses. The program cannot be combined with other funding and is provided as de minimis aid.
Who is funded: Target Groups and Regional Focus
The IB.SH Microcredit is aimed at natural persons and small businesses with up to three partners who are planning or have recently implemented a business start-up, acquisition, or consolidation in Schleswig-Holstein. The program aims to support the development and establishment of new or existing businesses in the federal state.
What is Funded: Project Types and Eligible Measures
The IB.SH Microcredit funds various projects that serve the establishment, acquisition, or consolidation of businesses. The focus is on initial financing for investments and working capital, with a limited maximum external financing for these purposes.
Type and Scope of Funding: Financial Conditions
The funding is provided in the form of a loan with a clear financial framework and a fixed term. The program also allows for multiple uses under certain conditions.
Conditions and Requirements: Prerequisites for Applicants
To receive the IB.SH Microcredit, specific prerequisites must be met, concerning both the business phase and the applicant's creditworthiness. Furthermore, the funding is subject to certain aid regulations.
Application Process: Step by Step to the Microcredit
The application process for the IB.SH Microcredit is clearly structured and begins with a mandatory consultation. Applications are submitted digitally via a special customer portal, and early submission before the project begins is required.
Legal Basis: Authorization and Program Regulations
The IB.SH Microcredit is based on the product information of Investitionsbank Schleswig-Holstein and is carried out in compliance with de minimis aid regulations. These foundations ensure the legitimacy and framework of the funding program.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
€25,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Schleswig-Holstein (Germany)
Sectors:
Other
Beneficiaries:
Business start-ups & consolidation, corporate finance
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Scaling, Planning
Funding Provider
Program Level:
Regional
Funding Body:
State of Schleswig-Holstein
Managed By:
Investitionsbank Schleswig-Holstein (IB.SH)
Website: