Subsidy Guide for Businesses and - Investitionsbank Berlin

KfW-Gründerkredit-StartGeld / KfW “Start Money” founder loan
Two programme variants have been available since
1 st January 2012: Programme variant A: ERP founder loan
- Start Money, Programme variant B: ERP founder loan
- Universal
Aim
Programme variant A
To finance all forms of start-ups, i.e. establishment or takeover
of a business as well as acquisition of a share in Germany
Secondary occupation designed to become a full-time occupation
in the medium term
Consolidation measures within three years after commencing
business
Programme variant B
Low-interest financing of projects in Germany and abroad
for founders, freelance professionals as well as small and
medium-sized enterprises which have been in business for
less than three years
Who?
Business start-ups
Small enterprises in the commercial sector (within the
meaning of the EU’s definition) which have been existing on
the market for less than three years
Freelance professionals
What?
Programme variant A
Up to 100% of the total external capital requirement, EUR
100,000 max., including working capital of up to EUR 30,000
max.
KfW does not impose any specific guarantee/collateral requirements
80% liability exemption for the applicant’s bank
Fixed market rate for the entire term
The Subsidy Programmes Business Start-ups
Programme variant B
Up to 100% of the investment costs and/or working capital
eligible for support
Maximum amount: EUR 10m per project
Customary collateral
The interest rate is determined by the applicant’s bank with
a view to the borrower’s economic situation and the collateral
provided.
How?
Applications must be submitted prior to commencing the
project.
Premature repayment of the loan as a whole or in part is
possible against payment of a prepayment penalty.
Combination with other KfW or ERP programmes is not possible
in case a) or possible in case b) except when combined
with the KfW “Start Money” founder loan.
Programme variant A
A second application can be submitted as long as the loan
sum of EUR 100,000 is not exhausted.
This programme is subject to de-minimis rules (refer to page 136).
Where?
Please submit your application via your bank to KfW.
KfW Bankengruppe
(KfW Group)
Palmengartenstraße 5-9, 60325 Frankfurt
Internet: www.kfw.de
Further subsidy offers which are also suitable for founders
are marked by the letter in the following chapters.
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