Saxony Loan Universal
The Saxony Loan Universal is a funding program by Sächsische Aufbaubank (SAB) that offers loans and repayment subsidies to companies and start-ups in Saxony for investments and operating capital. It supports the establishment, consolidation, and further development of commercial and freelance businesses. The program allows for 100% financing of eligible measures and can be flexibly combined with other funding programs.
Who is funded?
The Saxony Loan Universal program by Sächsische Aufbaubank (SAB) is aimed at a wide range of companies and individuals with a registered office or branch in Saxony. It aims to support the establishment and consolidation of businesses, as well as investments in commercial and freelance activities.
What is funded?
The Saxony Loan Universal program funds a variety of projects in the commercial sector and skilled trades, which include investments in tangible assets and operating capital. There are specific exclusion criteria for certain sectors and types of projects.
Type and Extent of Funding
The Saxony Loan Universal is granted as a loan with a repayment subsidy. Funding can cover up to 100 percent of eligible measures, with specific maximum amounts depending on the type of loan.
Conditions and Requirements
For a successful application, certain prerequisites and conditions must be met, including the financial viability of the project and specific qualifications of the applicants. The program is also subject to the De minimis Regulation.
Application Process
The application process for the Saxony Loan Universal takes place through the house bank, which then forwards the application to Sächsische Aufbaubank (SAB). An application must be submitted before the start of the project.
Legal Basis
The Saxony Loan Universal funding program is based on the own funds of Sächsische Aufbaubank – Förderbank – (SAB) and is subject to relevant EU aid regulations such as the De minimis Regulation and the General Block Exemption Regulation.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
20,000,000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Saxony (Germany)
Beneficiaries:
Business Start-ups & Consolidation, Business Financing
Application Type:
Single Applicant
Funding Stages:
Planning, Implementation, Process Optimization, Scaling, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
Sächsische Aufbaubank – Förderbank – (SAB)
Managed By:
Sächsische Aufbaubank – Förderbank – (SAB)