NRW.MicroCrowd
The NRW.MicroCrowd program by NRW.BANK supports startups and growth projects of companies in North Rhine-Westphalia that pursue social or ecological goals. Funding is provided as a low-interest loan and requires parallel co-financing through a crowdfunding project. This provides crucial financial assistance to young companies for up to five years after starting operations.
Who is funded?
The NRW.MicroCrowd program is aimed at natural persons and various company forms that wish to establish an existence or further develop existing companies. The funding is limited to North Rhine-Westphalia and aims to support startups and secure jobs.
What is funded?
The NRW.MicroCrowd program supports specific projects and activities that are linked to a crowdfunding project. The funding aims at the development of companies with social or ecological goals and clearly defines which costs and project phases are supported.
Type and Scope of Funding
The NRW.MicroCrowd program offers low-interest loans to cover part of the financing needs. Clear rules are set regarding the amount of funding and the loan term.
Conditions and Requirements
To receive funding from the NRW.MicroCrowd program, applicants must meet a number of specific conditions. These concern both the application and project implementation and are crucial for eligibility.
Application Procedure
The application procedure for the NRW.MicroCrowd program is clearly structured and requires the use of the NRW.BANK customer portal in conjunction with a crowdfunding project on Startnext. The process includes application submission, review, and subsequent decision.
Legal Basis
The legal basis for the NRW.MicroCrowd program is a specific information sheet from NRW.BANK, supplemented by relevant EU state aid regulations. These documents define the framework conditions and prerequisites for funding.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
50,000 €
Deadline:
Always open
Open Until:
Ongoing
Award Channel:
Individual Aid
Region:
North Rhine-Westphalia (Germany)
Sectors:
Social Enterprises, Environmental and Climate Protection
Beneficiaries:
Companies with social or ecological goals
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Scaling
Funding Provider
Program Level:
Regional
Funding Body:
NRW.BANK
Managed By:
NRW.BANK
Additional Partners:
Startnext
Website: