NRW.Venture
The NRW.Venture fund provides equity capital for expansion to innovative companies with high growth potential. The program focuses on future-oriented technologies and industries in North Rhine-Westphalia, specifically promoting the development and market establishment of companies.
Who is funded?
NRW.Venture supports innovative companies with high growth potential that are based or have their economic focus in North Rhine-Westphalia. The program aims to provide these companies with equity capital for their expansion.
What is funded?
NRW.Venture focuses on financing expansion measures in various key industries. This includes investments in capacity building, market development, and product development in the innovative sectors mentioned.
Type and Extent of Funding
The NRW.Venture program offers equity financing in the form of direct minority participations or convertible loans. Funding can amount to up to 15 million Euros per company, with the first funding tranche comprising up to 5 million Euros. The participation period typically ranges from 3 to 7 years.
Conditions and Requirements
For NRW.Venture funding, companies must meet certain requirements, particularly regarding their development phase, financial planning, and the involvement of other investors.
Application Process
Applications for NRW.Venture funding are submitted directly to NRW.BANK. Further detailed information, forms, and fact sheets are available on the NRW.BANK website to support the application process.
Legal Basis
The NRW.BANK, which provides the fund's information and conditions, forms the basis of the NRW.Venture funding program.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
€15,000,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Unknown
Region:
North Rhine-Westphalia (Germany)
Sectors:
Green Technology, Information and Communication Technology, Software Development, Healthcare, Medical Technology, Pharmaceutical Industry
Application Type:
Single Applicant
Funding Stages:
Product Development, Market Introduction, Scaling, Infrastructure