Participations of the Thuringian SME Investment Company mbH (MBG express)
Silent participations for equity strengthening of established companies in Thuringia. Funding up to €140,000 for investments, modernization, rationalization, and market development. Application through an accelerated procedure.
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Grant criteria
Funding objective
Promotion of the equity base of medium-sized companies in Thuringia through silent partnerships to finance investments, modernizations, rationalizations, development and market expansion costs, as well as product range changes and expansions.
Eligible expenses
- Investments
- Modernizations
- Rationalizations
- Development and Market Expansion Costs
- Product Range Changes and Extensions
Non-eligible expenses
- Business successions or acquisitions
- Renovations
- Debt restructuring
Eligible to apply
- Companies
Funding requirements
- Headquarters and investment in Thuringia
- Medium-sized company with annual turnover ≤ €50 million
- Fewer than 500 employees
- At least 3 years of business activity
- Submission of a current annual financial statement (not older than 18 months)
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Documents required for application
- Application to MBG Thuringia
- Annual financial statement (not older than 18 months)
- Proof of business activity
Description
The Mittelständische Beteiligungsgesellschaft Thüringen mbH (MBG) strengthens established companies in Thuringia through silent partnerships within the framework of MBG express. With a maximum funding amount of up to €140,000, equity capital is provided for investments, modernizations, and rationalizations. Additionally, development and market expansion projects as well as product range changes and extensions can be financed. The silent partnerships are granted for a term of up to 120 months and contribute to sustainably strengthening the financial base of medium-sized companies. The application process is conducted via an accelerated procedure, so that a decision on the participation commitment is usually made within ten working days.
Eligible for funding are companies with headquarters and investment activities in Thuringia that have been active on the market for at least three years, have an annual turnover of up to €50 million, employ fewer than 500 employees, and are economically sound. A current annual financial statement (not older than 18 months) as well as proof of personal and commercial competence are part of the funding requirements. Projects involving business succession, acquisitions, restructurings, or debt rescheduling are excluded. Applications are submitted directly to MBG Thuringia; a complete application includes the completed form as well as proof of business activity and the current annual financial statement. Thanks to flexible deadline arrangements, applications can be submitted at any time to support medium-sized companies in Thuringia quickly and unbureaucratically.
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