NRW.BANK SME Fund
The NRW.BANK SME Fund offers equity capital to established small and medium-sized enterprises (SMEs) in North Rhine-Westphalia to foster their growth. It supports a range of strategic initiatives such as acquisitions, market development, and succession planning by providing financing through mezzanine capital or direct equity investments. The program aims to strengthen the competitive position and innovative capacity of companies in the region.
Who is funded
The NRW.BANK SME Fund targets established small and medium-sized enterprises (SMEs) with their headquarters or economic focus in North Rhine-Westphalia. The goal is to promote their growth and strengthen their competitive position in the region.
What is funded
The NRW.BANK SME Fund supports strategic projects aimed at strengthening and expanding small and medium-sized enterprises. Support is primarily provided in the form of equity capital for growth initiatives and specific corporate developments.
Type and Scope of Funding
The program offers equity financing between 1 million and 7 million euros, typically as mezzanine financing or direct equity investment, with a term of 5 to 7 years.
Conditions and Requirements
Eligible companies must meet certain requirements, including a strong technological or competitive position in North Rhine-Westphalia, positive revenue and cash flow development, a stable business concept, and an equity ratio of at least 10 percent before the investment.
Application Process
Financing inquiries for the NRW.BANK SME Fund should be directed straight to NRW.BANK. Further information and the necessary forms are available on the NRW.BANK website.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
7,000,000 EUR
Deadline:
Always Open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Nordrhein-Westfalen (Germany)
Beneficiaries:
Business Financing
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Scaling, Product Development, Other