Support for Establishing an Independent Business
The Nissen Foundation supports start-ups with interest-free loans to close financing gaps in the establishment, takeover, or participation in companies. Applications can be submitted at any time.
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Grant criteria
Funding objective
Support for founders in establishing, taking over, or acquiring a business through interest-free loans to close financing gaps based on a coherent overall concept.
Eligible expenses
- Investment costs in the context of founding or acquisition
- Participation costs
Eligible to apply
- Founders
- Individuals
Funding requirements
- Existence of a coherent overall concept
- Proof of a financing need with a funding gap
- Equity capital and bank loan already applied for or proven
Documents required for application
- Application form
- Business plan or overall concept
- Financial plan
Evaluation criteria
- Coherence and plausibility of the overall concept
- Sustainability and viability of the business model
Description
The Andreas August Friedrich Nissen and Alwine Schulze-Nissen Foundation supports start-ups nationwide with interest-free loans to close financing gaps in new business formations, takeovers, or company participations. Interested private individuals can submit applications continuously and benefit from a straightforward loan approval process without interest charges. A prerequisite is the submission of a coherent overall concept that convincingly demonstrates the viability and sustainability of the business model. Equity capital as well as a proven bank loan must already be in place to document the additional financing requirement.
Funding is provided for investment and participation costs incurred in the course of business formation. Allocation is based on the assessment of the plausibility of the business plan and a realistic evaluation of future revenues. To apply, a completed application form, a detailed financing plan, and the comprehensive business concept are required. This enables founders to receive tailored support to close existing financing gaps and secure the step into self-employment. The interest-free loan structure ensures long-term stability of the capital structure and promotes sustainable development of young companies.
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