Master Craftsperson Start-up Premium Saxony-Anhalt

The Master Craftsperson Start-up Premium Saxony-Anhalt is aimed at master craftswomen and master craftsmen who wish to establish or take over their own craft business in Saxony-Anhalt. The goal is to increase the number of master craft businesses in the state and thus strengthen the regional economy.

The funding focuses on the first-time establishment or takeover of a craft business in Saxony-Anhalt, particularly the necessary investments and operating funds for this. Both tangible and intangible expenses essential for starting or continuing the business are considered.

The Master Craftsperson Start-up Premium Saxony-Anhalt is granted as a non-repayable subsidy, amounting to a fixed sum of 10,000 euros. The funding is designed as project funding and disbursed as fixed-amount financing to support the financial start of craft businesses.

Specific legal, economic, and operational conditions apply to the Master Craftsperson Start-up Premium, which must be met by applicants. These include securing the overall financing, complying with the De minimis regulations, and the obligation to ensure the continued existence of the funded craft business for three years.

The application procedure for the Master Craftsperson Start-up Premium Saxony-Anhalt is two-tiered: The application is first submitted to the responsible Chamber of Crafts, which checks the suitability and viability, before being forwarded to Investitionsbank Sachsen-Anhalt for approval.

The Master Craftsperson Start-up Premium Saxony-Anhalt is based on specific guidelines and national as well as European regulations that define its legal legitimacy and framework conditions. These legal bases ensure the proper allocation and administration of funding.