Saarland Venture Capital Company (SWG) Equity Participation Program Open
The Saarländische Wagnisfinanzierungsgesellschaft (SWG) supports innovative and technology-oriented start-ups and young companies in Saarland. The program provides equity capital to finance the development and market launch of innovative products, processes, or technical services. It is characterized by providing equity in the form of silent or open participations, often without the need for collateral.
Who is funded
This program by the Saarländische Wagnisfinanzierungsgesellschaft (SWG) targets technology-oriented founders and young, innovative technology companies in Saarland. Its aim is to support the development and market introduction of innovative products and processes and to foster economic development in the region.
What is funded
Within the scope of this equity participation program, innovation projects aimed at the development and market launch of technologically new or significantly improved products, processes, or technical services are financed. This includes both applied research and development, as well as investments for commercialization.
Type and Extent of Funding
The Saarländische Wagnisfinanzierungsgesellschaft (SWG) provides equity capital, primarily in the form of a silent partnership, which typically does not require collateral. The funding amount ranges between EUR 125,000 and EUR 2 million per company, with a typical term of 10 years.
Conditions and Requirements
For participation, applicants must meet specific requirements regarding innovation implementation, technical expertise, and financial security. The terms of participation depend on the individual risk assessment of the project, with no collateral generally required. The funding is generally combinable with other funding sources.
Application Procedure
The application procedure for SWG participation is flexible and can be done directly or through the house bank. It begins with an informal inquiry, ideally supported by a brief exposé, to enable a quick and efficient assessment of the project.
Legal Basis
The basis for this equity participation program is the guideline of the Saarländische Wagnisfinanzierungsgesellschaft (SWG) for financing technical innovations in start-ups and young companies in Saarland.
Funding Overview
Maximum Amount:
2,000,000 EUR
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Saarland (Germany)
Sectors:
Research and Development, Other
Funding Stages:
Applied Research, Experimental Development, Market Introduction, Product Development
Funding Provider
Program Level: Regional
Funding Body: Saarländische Wagnisfinanzierungsgesellschaft mbH (SWG)
Managed By: Saarländische Wagnisfinanzierungsgesellschaft mbH (SWG)
Additional Partners: House Bank
Website: Saarländische Wagnisfinanzierungsgesellschaft mbH (SWG)