NRW.BANK Digitalization and Innovation Open
The 'NRW.BANK.Digitalization and Innovation' program offers loans for businesses, foundations, and freelancers in North Rhine-Westphalia. It supports the financing of digitalization and innovation projects aimed at sustainable economic success. With loans of up to 10 million Euros, investments in digital infrastructure and technological advancements are promoted to strengthen regional competitiveness.
Who is Funded
The 'NRW.BANK.Digitalization and Innovation' program is aimed at businesses, foundations, and freelancers who wish to implement digitalization or innovation projects in North Rhine-Westphalia. The funding aims to support projects with lasting economic success that contribute to digitalization and technological advancement.
What is Funded
Funding is provided for investments in digital equipment as well as innovation projects in various technology fields. These include, among others, the introduction of new products and processes or the improvement of existing services. The financing of working capital is also possible.
Type and Scope of Funding
The funding is provided in the form of a loan of up to 10 million Euros, which can cover up to 100 percent of the eligible investments and/or working capital. The program offers flexible terms and interest rates, which are adjusted to the borrower's creditworthiness and collateral. For investment and working capital loans, an optional liability exemption for the house bank is possible.
Conditions and Requirements
To receive funding, applicants must meet certain legal and operational requirements. These include observing the ESG funding requirements, ensuring the overall financing of the project, and complying with state aid regulations such as the De minimis Regulation.
Application Procedure
The application is submitted through the applicant's house bank, which forwards the application to NRW.BANK. The approval of the loan and the setting of conditions are linked to the applicant's creditworthiness.
Legal Basis
The basis for the 'NRW.BANK.Digitalization and Innovation' funding program is the information sheet 'NRW.BANK.Digitalization and Innovation' (Status 02/24), which details the funding conditions and goals.
Funding Overview
Maximum Amount:
€10,000,000
Deadline:
always open
Award Channel:
Indirect Management Funding
Region:
North Rhine-Westphalia (Germany)
Sectors:
Information and Communication Technology, Software Development, Energy Production and Supply, Renewable Energy, Water and Waste Management, Medical Technology, Transportation and Logistics, Research and Development
Beneficiaries:
Businesses, non-profit organizations, freelancers
Funding Stages:
Product Development, Process Optimization, Market Introduction, Prototyping, Pilot Testing
Funding Provider
Program Level: Regional
Funding Body: NRW.BANK
Managed By: NRW.BANK
Additional Partners: House bank (intermediary credit institution), KfW (refinancing), Landwirtschaftliche Rentenbank (LR) (refinancing), EIB (refinancing)
Website: NRW.BANK