Funding for Innovative, Agriculture-Related Start-ups from the Federal Special Fund at Landwirtschaftliche Rentenbank (LR)
This program by the Federal Ministry of Food and Agriculture (BMEL) supports innovative agriculture-related start-ups in their founding and early-stage financing phase. It offers a combination of low-interest subordinated loans and grants to cover expenses for operating costs, marketing, investments, and technical development. The funding targets companies that provide direct benefits to agriculture, forestry, viticulture, horticulture, fisheries, or aquaculture and demonstrate high growth potential.
Who is funded
The program aims to support innovative agriculture-related start-ups in Germany that are in their founding or early-stage financing phase. It targets young companies with high growth potential whose business models offer direct benefits to agriculture, forestry, viticulture, horticulture, fisheries, or aquaculture.
What is funded
The funding focuses on expenses incurred in connection with the company's establishment or consolidation in the early-stage financing phase of agriculture-related start-ups. This includes a wide range of costs, from operating costs and marketing to investments and technical development.
Type and extent of funding
The funding is provided in the form of a low-interest subordinated loan, supplemented by a grant in the form of an innovation voucher for certain consulting services. The maximum loan amount and the grant portion are clearly defined.
Conditions and requirements
To be eligible for funding, agriculture-related start-ups must meet certain legal and business requirements concerning their company structure and business model. These include criteria regarding company size, age of the company, and innovation capability.
Application process
The application process for this funding is multi-stage and begins with contacting Landwirtschaftliche Rentenbank, followed by submitting a business plan and, if applicable, a personal interview.
Legal basis
The funding guideline is based on the announcement by the Federal Ministry of Food and Agriculture and is supplemented by detailed information sheets from Landwirtschaftliche Rentenbank, which contain important information for applicants.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
800,000 € (loan), up to 1,000,000 € in exceptional cases; 50,000 € (grant)
Award Channel:
Demand Driven Scheme
Region:
Germany
Sectors:
Agriculture and Agribusiness
Beneficiaries:
Agriculture, forestry, viticulture, horticulture, fisheries, aquaculture
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Product Development, Process Optimization, Scaling, Capacity Building, Planning, Commercialization, Pilot Testing, Feasibility Study, Awareness Campaigns
Funding Provider
Program Level:
National
Funding Body:
Federal Ministry of Food and Agriculture (BMEL)
Managed By:
Landwirtschaftliche Rentenbank (LR)
Website: