Loan for SMEs (FRL DFM) – Digitalization Loan
The Free State of Saxony supports companies with the “Loan for SMEs (FRL DFM)” program in financing investments for digital transformation. It offers loans for external services, hardware, software, and their implementation within the company. The program strengthens the competitiveness of the Saxon economy and improves location conditions.
Who is funded?
This funding guideline is aimed at small and medium-sized enterprises (SMEs), freelance professionals, and start-ups with a registered office or permanent establishment in Saxony who wish to implement digitalization projects. The aim is to strengthen the competitiveness of the Saxon economy and improve location conditions.
What is funded?
The program supports investments in digital transformation that improve the level of digitalization within the company and contribute to the digitalization of complex business processes, the introduction of new business models, or the improvement of existing business models. This includes external services, hardware, software, and training.
Type and extent of funding
Funding is provided in the form of a loan and is tied to the implementation of investments for digital transformation. The amount of the loan and the funding rate vary depending on the company size.
Conditions and requirements
Funding requires an improvement in the company's digitalization level and the securing of overall financing. Early start of measures is possible under certain conditions. In addition, specific state aid regulations, such as the GBER and De minimis regulation, must be observed.
Application procedure
Applications for the digitalization loan can be submitted electronically via the SAB funding portal or a cooperating house bank. Disbursement usually takes place as an advance payment.
Legal basis
The funding program is based on the Loan for SMEs (FRL DFM) funding guideline of the Saxon State Ministry for Economic Affairs, Labor and Transport, supplemented by various budgetary and European state aid regulations.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
€250,000
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Saxony (Districts of Görlitz, Bautzen, Nordsachsen, Leipzig, independent cities of Leipzig, Chemnitz)
Beneficiaries:
SMEs, Start-ups, Freelance Professionals
Application Type:
Single Applicant
Funding Stages:
Planning, Implementation, Process Optimization, Market Introduction
Funding Provider
Program Level:
Regional
Funding Body:
Saxon State Ministry for Economic Affairs, Labor and Transport (SMWA)
Managed By:
Sächsische Aufbaubank – Förderbank – (SAB)