Saarland Seed Capital Program

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Who is Funded: Target Groups and Regional Coverage of the Saarland Seed Capital Program

The Saarland Seed Capital Program targets start-ups and young companies within the first five years of commencing their self-employment. The funding aims to improve Saarland's economic structure and strengthen small and medium-sized enterprises. Special attention is given to supporting start-ups in commercial businesses and liberal professions, with specific conditions for those engaged in part-time activities and women re-entering the workforce after parental leave.

What is Funded: Investments and Working Capital for Start-ups

The Saarland Seed Capital Program supports start-ups and young companies in financing necessary investments and working capital. No specific sectors are prioritized, apart from the exclusion of the hospitality industry. The funding is tailored to projects in the early phases of company development.

Type and Scope of Financing: Loans and Grants in Saarland

The Saarland Seed Capital Program offers financial support in the form of low-interest loans secured by a state guarantee. Furthermore, under certain conditions, interest subsidies and even a repayment grant can be provided, which converts a portion of the loan into a non-repayable grant.

Conditions and Requirements: Funding Guidelines and Framework Conditions

The Saarland Seed Capital Program is subject to various legal and administrative conditions that applicants must meet. These include specific requirements for the business concept and qualifications, adherence to de minimis rules, and regulations for securing and using funds.

Application Process: Step-by-Step to Seed Capital Funding

Applications for the Saarland Seed Capital Program are generally submitted via the house bank and forwarded to Saarländische Investitionskreditbank (SIKB). Specific documents must be submitted to ensure smooth processing and review of the project. Project selection is based on the review of submitted concepts and proof of qualifications.

Legal Basis: Statutory Embedding of the Seed Capital Program

The Saarland Seed Capital Program is based on specific guidelines and laws that define its legitimacy and functionality. It is regulated by the Saarland SME Promotion Act and the State Budget Code, and is also subject to European state aid rules.