IB Mezzanine Loan for Innovative Start-ups (Saxony-Anhalt IMPULS)
Technology- or knowledge-based and innovative business startups in Saxony-Anhalt can receive loans of up to €500,000. Term up to 15 years, up to 100% financing requirement. Application before project start with statement from the house bank.
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Grant criteria
Funding objective
Support for start-up founders and young innovative companies in Saxony-Anhalt in market development, investments, and working capital through a low-interest mezzanine loan.
Eligible expenses
- Market development and market launch of products, processes, or services
- Investments (land and buildings up to a maximum of 10% of the loan amount)
- Order pre-financing
- Operating resources and expenses
Eligible to apply
- Companies
- Founders
Funding requirements
- Planning of a technology- or knowledge-based or innovative business start-up
- Business start-up not older than 5 years
- Registered office or place of business in Saxony-Anhalt
- Complete financing of the project must be secured
- Proof of sustainable economic success and focus on main occupation
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Documents required for application
- Application documents
- Statement from the house bank
- Business plan
- Proof of commercial qualification
Description
The IB mezzanine loan for innovative start-ups (Saxony-Anhalt IMPULS) offers technology- and knowledge-based as well as innovative start-ups in Saxony-Anhalt an affordable financing option for market development, investments, and working capital. Young companies and founders with a maximum establishment period of five years can apply for a loan of up to €500,000 with a term of up to 180 months. The funding rate amounts to 100% of the financing requirement, while land and building investments are limited to a maximum of 10% of the loan amount. Pre-financing of orders as well as working capital and expenses are also supported. Applications can be submitted continuously but must be submitted before the project starts and accompanied by the house bank.
Funding is provided for small and medium-sized enterprises (SMEs) and founders with headquarters or business premises in Saxony-Anhalt, whose financing structure is secured and who aim for sustainable economic success. A qualified business plan is required, demonstrating not only commercial qualifications but also the main work focus. Companies in difficulty are excluded. For the application, application documents, a statement from the house bank, business plan, and proof of commercial qualification must be submitted. The Investment Bank Saxony-Anhalt (IB) reviews the documents and supports the funding process. This financing option provides young innovators with the necessary scope to enter the market competitively and successfully realize technological potentials.