HessenFonds Large Loan

The HessenFonds Large Loan is aimed at commercially active companies with a business location in Hesse that wish to implement innovative and transformative projects. Projects in the areas of research & innovation, digitalization, energy efficiency, renewable energies and climate protection, as well as strategic resilience or decarbonization, are eligible for funding. A prerequisite is that the total financing is secured and a positive Hesse effect can be demonstrated. Loan amounts range between €10 million and €25 million, with a term of up to ten years. In compliance with state aid regulations, interest rates can be reduced by up to 2% p.a. (base and bonus interest rate reductions upon fulfillment of defined future criteria). A combination with other public funding programs is possible, provided that the public sector’s share of the default risk does not exceed 50%. The application must be submitted to WIBank before the start of the project and is subject to evaluation based on innovation content, future viability, and regional impact.

Companies can submit the loan application using the designated forms at any time. In addition to the HessenFonds Large Loan application, further documents such as the AGVO state aid application and De-minimis declaration are required. After successful review and positive decision by the HessenFonds committee, the financing contract is concluded and individual agreements on repayment and disbursement modalities are made. This program offers a reliable financing perspective for pioneering technology, product, and business innovations across all economic sectors in Hesse. Interested companies can obtain further information from WIBank and the detailed information sheets on the risk-adjusted interest system or on the future criteria.