IB Follow-up Loan (Saxony-Anhalt MUT/IMPULS)
Loans for financing succession solutions for start-ups and SMEs in Saxony-Anhalt. Up to 100% financing (max. €3 million, min. €25,000) over up to 20 years. Applications can be submitted at any time.
Discover your potential with AI support
- Find out if this grant matches your project
- Develop your application together with AI
- Get matched with many more suitable grants
Grant criteria
Funding objective
Financing of business successions including acquisition of active participations, investments in fixed and current assets, as well as acquisition of intangible assets.
Eligible expenses
- Acquisition of active participation
- Investments in fixed and current assets
- Acquisition of intangible assets
Non-eligible expenses
- Repayment of existing liabilities
- Operating resources for pure liquidity improvement
- Pre-financing of grants and value-added tax
- Export-related activities
- Financing in the primary production sector agriculture and fisheries
Eligible to apply
- Founders
- Companies
Funding requirements
- Registered office of the acquiring company in Saxony-Anhalt
- Overall financing of the project must be secured
- For start-ups: proof of commercial qualification and professional suitability
- Submission of a qualified business plan
- The project must be expected to achieve sustainable economic success and be aimed at main occupation
Documents required for application
- Application form
- Statement from the house bank
- Business plan with financing plan
- Declarations from the house bank
- Questionnaire on beneficial owners
- Award principles
- General terms and conditions for loans
Evaluation criteria
- Quality of the successor solution concept
- Sustainability of the economic success prospects
- Securing the overall financing
- Qualification and experience of the applicants
Description
IB Succession Loan (Saxony-Anhalt MUT/IMPULS) offers founders, freelancers, as well as small and medium-sized enterprises in Saxony-Anhalt a long-term financing option for implementing business succession solutions. The low-interest loan can be used for the acquisition of active participations, investments in fixed and current assets, as well as the acquisition of intangible assets. Up to 100% of the financing requirement is funded – for project volumes between €25,000 and €3,000,000 – with a term of up to 20 years. The overall financing must be secured, and the company location of the acquiring business must be in Saxony-Anhalt. Founders must submit a qualified business plan as well as proof of commercial qualification and professional suitability. The funding conditions are based on the sustainability of the prospects for success, the qualification of the applicants, and the quality of the succession concept. Applications can be submitted at any time; approval is granted by the Investment Bank Saxony-Anhalt (IB). Required documents include, among others, the application form, statement from the house bank, and financing and business plan documents.
Not eligible for funding are the repayment of existing liabilities, working capital solely for liquidity improvement, pre-financing of grants or value-added tax, export-related activities, and primary production in agriculture or fisheries. The project-related expenses serve as the basis for calculation; an intensive review of the overall financing and economic viability ensures a particular focus on sustainable business takeovers. The IB succession loans are secured by guarantees and other customary bank securities. With this initiative, the state of Saxony-Anhalt supports the continuation of successful companies, promotes business successions, and contributes to the regional stabilization of the SME sector. Interested companies receive comprehensive advice and support via the IB’s free service hotline.
Ready to secure your funding?
Register now and let our AI guide you through the application process – from eligibility check to finished application.