Participations for Company Succession
MBG Baden-Württemberg offers targeted financial support to founders in the form of a silent participation to cover capital requirements for company acquisitions and active participations. This program funds purchase prices and investments and is characterized by an extended scope for collateral, requiring no security other than a personal (partial) guarantee.
Who is Funded
The "Succession Participations" program by MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH aims to support founders who wish to acquire a company or become actively involved in one. The funding is geographically limited to Baden-Württemberg.
What is Funded
This funding program focuses on the financial support for business start-ups in the context of company successions. It primarily promotes costs for purchase prices and related investments that are necessary for a successful business acquisition or active participation.
Type and Extent of Funding
The funding is provided as a silent participation and can reach an amount of up to EUR 750,000. The exact amount of the participation is linked to the equity of the company to be acquired or the acquirer's own funds.
Conditions and Requirements
For successful funding, founders must submit a promising business start-up or acquisition concept. The purchase price of the company to be acquired must be reasonable. A major advantage is the expanded scope for collateral, as no further collateral is required other than a personal (partial) guarantee.
Application Procedure
The application process for silent participations for company succession requires the submission of application forms to MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH before the start of the planned measure.
Legal Basis
The basis for the "Succession Participations" funding program is a product information sheet from MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
750,000 EUR
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Baden-Württemberg (Germany)
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Market Introduction, Scaling, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH
Managed By:
MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH
Additional Partners:
Bürgschaftsbank (complementary financing)
Website: