Sächsische Aufbaubank (SAB)
About the funder
The Sächsische Aufbaubank – Förderbank – (SAB) is a public-law institution headquartered in Leipzig. It was established by the Act on the Establishment of the Sächsische Aufbaubank (FördbankG) dated June 19, 2003, and serves as the central development bank of the Free State of Saxony. The SAB supports the Free State in fulfilling public tasks and awards funding in the form of grants, loans, and guarantees in the areas of housing construction, economy, infrastructure and municipalities, education and social affairs, as well as environment and agriculture. Well-known programs include, among others, housing promotion, start-up financing, investment support for companies, qualification measures, and funding programs for municipalities and universities.
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Mission & Vision
The SAB sees itself as a partner for all those who want to make a difference in Saxony. Its funding mandate is to support the Free State of Saxony in fulfilling its public duties and to efficiently and appropriately allocate public funds to private individuals, companies, municipalities, and non-profit organizations.
Target groups
The funding programs are aimed at private individuals (e.g., for housing and education), companies (investments, crisis management, qualification), public clients (municipalities, universities, public enterprises) as well as associations and organizations. Geographical focus: Free State of Saxony. Requirements vary depending on the program; generally residency or project relevance in Saxony.