Subsidy Guide for Businesses and - Investitionsbank Berlin

Berlin Start
Aim
Founders and young companies in need of up to EUR 100,000
are supported when setting up their business activities.
Who?
Founders in the commercial sector (production industry,
crafts, trade and other services) as well as freelance professionals
who have the required technical and commercial
qualifications for the entrepreneurial activity.
Companies in the commercial sector as well as freelance professionals
who have been in business for no more than three
years prior to submitting the application. Applicants must
be small and medium-sized enterprises (SMEs) as defined
by the EU Commission. The place of investment must be in
Berlin.
What?
Low-interest loans are granted in conjunction with an up
to 80% guarantee by BBB BÜRGSCHAFTSBANK zu Berlin-
Brandenburg GmbH (BBB) when:
• a new company is established,
• an existing company is taken over,
• projects are carried out up to three years after establishment
(consolidation) via the applicant‘s bank.
Financing is available for the following:
• investment costs,
• costs of initial inventories,
• take-over price,
• operating equipment.
The maximum financing share totals 100%.
The minimum loan sum totals EUR 5,000, the maximum
sum EUR 250,000.
The term totals between 6 and 10 years with up to 2 redemption-free
initial years, fixed interest over the entire term.
After expiration of the redemption-free years, redemption
takes place in equal instalments payable four times a year.
The Subsidy Programmes Business Start-ups
100% payout.
Nominal and effective interest rates are fixed by IBB and
shown in IBB‘s terms and conditions which are available at
www.ibb.de/ berlinstart.
At the time of application, a handling fee for the guarantee
is charged which currently totals 1.5% of the loan applied for
- at least EUR 250. The guarantee commission currently totals
1.25% p.a. of the loan sum. The guarantee fees must be
paid to BBB.
The standby commission totals 0.25% per month for the loan
sum approved but not yet paid out, commencing two banking
days and one month following the date of approval.
In addition to the BBB guarantee, customary collateral is expected
in as far as possible.
Non-scheduled redemption is subject to a prepayment penalty.
How?
Applications - including applications for a BBB guarantee -
must be submitted via the applicant‘s bank. The documents
can be downloaded from the IBB website at:
www.ibb.de/berlinstart.
This programme is subject to de-minimis rules (refer to page 136).
Where?
Applications must be submitted via your bank.
Consultancy services are also available from
Investitionsbank Berlin
Kundenberatung Wirtschaftsförderung
(Business Customer Centre)
Bundesallee 210, 10719 Berlin
Telephone: +49 (0) 30 / 2125-4747
Fax: +49 (0) 30 / 2125-4329
E-mail: kundenberatung.wirtschaft@ibb.de
Internet: www.ibb.de
(EU) EUROPEAN UNION
European Regional
Development Fund
Investment in your future
Further subsidy offers which are also suitable for founders
are marked by the letter in the following chapters.
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