NSeed
The NSeed Program of the Investment and Development Bank of Lower Saxony (NBank) offers equity capital to innovative young companies in Lower Saxony. It aims to finance start-ups, post-founding phases, and initial growth phases, supporting the implementation of technological ideas. This strengthens the equity base and fosters the growth potential of companies in the state.
Who is funded: Target Groups of the NSeed Program
The NSeed Program of the Investment and Development Bank of Lower Saxony (NBank) primarily targets small, young, and innovative companies with their registered office or a business establishment in Lower Saxony. The goal is to help these companies in their start-up and early growth phases by providing equity capital, overcoming capital bottlenecks, seizing growth opportunities, and generating employment.
What is funded: Focus Areas and Exclusions
The NSeed Program supports young, innovative companies by providing equity capital. The support targets company formations, financing in the post-founding phase and the first growth phase, as well as the implementation of innovative and technological ideas. There are no specific industry foci, but certain company forms and those in difficulty are excluded from funding.
Type and Extent of Funding
NSeed offers equity capital in the form of open or typical silent participations through NBank Capital Beteiligungsgesellschaft mbH. The amount of participation varies depending on the presence of a private co-investor. The duration of the participation is long-term to enable sustainable growth.
Conditions and Requirements
To be eligible for the NSeed Program, applicants must meet certain legal and substantive requirements. These include the professional qualifications of the involved individuals, a convincing company presentation, and the involvement of a private co-investor.
Application Procedure
The application procedure for the NSeed Program is carried out digitally via the NBank customer portal. An initial consultation is recommended before submitting the actual application. NBank also offers personal advice and assistance throughout the entire process.
Legal Basis of the NSeed Program
The NSeed Program is based on a specific guideline and is detailed through NBank product information. Important overarching European regulations, particularly concerning ERDF funding, influence the eligibility of certain companies.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
Up to €2,500,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Lower Saxony (Germany)
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Experimental Development, Prototyping, Product Development, Market Introduction, Scaling, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
Investment and Development Bank of Lower Saxony (NBank)
Managed By:
NBank Capital Beteiligungsgesellschaft mbH