Subsidy Guide for Businesses and - Investitionsbank Berlin

Loans of more than EUR 25,000 from the SME fund are granted
in a different procedure (refer to SME funds, page 50).
Aim
To finance expenditure for establishment, acquisition and expansion
by founders as well as small and medium-sized commercial
firms or freelance professionals in a simplified procedure
in the form of micro-loans of up to EUR 25,000.
Who?
Founders as well as small and medium-sized commercial enterprises
and freelance professionals having their place of business
or a facility in Berlin are eligible.
What?
To finance:
• Start-ups and consolidation projects
• Acquisitions
• Relocations
• Expansion projects
• New projects and concrete orders
Debt rescheduling and/or follow-up financing of projects already
underway or completed, as well as financing for business
rescue projects are generally ruled out.
How?
The granting of a loan is contingent upon submission of complete
application documents prior to commencing the project
and, under certain conditions, a convincing oral presentation
of the project during an interview at Investitionsbank Berlin.
The project to be financed must be carried out in Berlin. Presentation
of a business plan is usually not required.
A key criterion for the granting of a loan is the guarantee of
sufficient business expertise. This can also be supplemented
by coaching.
There is no obligation to grant subsidies.
The Subsidy Programmes Investment and Working Capital
KMU-Fonds - Mikrokredite bis 25 TEUR / SME funds - micro-loans of up to EUR 25,000
In the case of partnerships/corporations, the shareholders
and/or managing directors of the borrower company who, due
to their position have a major influence on the company, must
issue an absolute guarantee. This may also be required of limited
partners in the case of limited partnerships.
Term of up to 5 years. Redemption-free periods can be agreed
to.
Customary interest rate.
The loan is usually redeemed in quarterly instalments. Premature
repayment in part or in full is generally not foreseen. In
the event of premature repayment of the loan in exceptional
cases, the borrower can be charged a prepayment penalty.
Combination of a loan from the SME fund with subsidy and
assistance measures by the federal government, the federal
state and the European Union is possible.
This programme is subject to de-minimis rules (refer to page 136).
Where?
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
This offer is particularly suitable for business
start-ups and young companies.
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