State Program Economy 2021–2027 – Individual Company Investment Promotion (GRW)

The "State Program Economy 2021–2027 – Individual Enterprise Investment Promotion (GRW)" supports small and medium-sized enterprises (SMEs) in the commercial sector in Schleswig-Holstein with investments for the establishment, expansion, and modernization of business premises in designated C and D funding areas. The aim of the funding is to create and secure permanent jobs subject to social insurance contributions as well as to strengthen the regional economic structure. Eligible are establishment, expansion, and modernization investments (including new construction, extension, energy-efficient renovation), planning costs, and the acquisition of equipment and machinery. Replacement investments, used goods, and maintenance expenses are excluded. Prerequisites for an application are a business location in the C or D funding area, a financing share of at least 25% aid-free capital, 20% equity, and proof of job creation or job retention for at least five years. The assessment is based, among other criteria, on company size, location, and contribution to job creation, innovation, and climate protection effects.

The funding rate depends on company size and funding area, amounting to 10–20% of eligible expenses for medium-sized enterprises and 15–35% for small enterprises. The application must be submitted to the Investment Bank Schleswig-Holstein (IB.SH) before the project begins; prior commencement of measures is only possible with written approval. For the application submission, an application form, a cost estimate, a financing plan, and a business description are required. Approvals are granted continuously within the framework of available budgetary funds. Through this funding, the program contributes to sustainable growth, permanent employment, and a future-proof economic structure in Schleswig-Holstein.