Service Finder
Thuringia Dynamics - Promotion
Service Description
Object of the funding:
In terms of its financing, THÜRINGEN-DYNAMIK is a "sustainable funding product": The program is fed from a revolving fund, 80 percent of which is financed by the European Regional Development Fund (ERDF). Interest and repayments flow back into this fund and are thus once again available for economic development in Thuringia.
The loan fund is intended to contribute to the following output indicators in the "Operational Program Thuringia ERDF 2014-2020" to achieve the objectives in Priority Axis 2 - Strengthening the competitiveness of companies:
- Loan support for 240 companies
- Further private investment in the amount of EUR 215 million to leverage the fund resources
- Creation of 2,200 additional jobs together with the Thüringen-Invest funding program
On behalf of the Thuringian Ministry of Economic Affairs, Science and Digital Society (TMWWDG), the Thüringer Aufbaubank grants low-interest loans for
- all new tangible and intangible business assets to be acquired as part of a project as well as for modernization and maintenance expenses,
- Purchase of business shares (share deals) and for asset deals in the context of company successions
Scope of the funding:
- Maximum financing amount: 2 million euros per applicant per calendar year.
- It is possible to apply for a 50 percent exemption from liability at the same time.
Process flow
Applications are submitted via your house bank.
In principle, applications must be submitted before the start of the project. The start of the project is deemed to be the initiation of binding supply and service contracts/orders.
Who should I contact?
Thüringer Aufbaubank (TAB)
Institution under public law
Gorkistraße 9
99084 Erfurt
Postal address: P.O. Box 90 02 44, 99105 Erfurt
Web portal: www.aufbaubank.de
Competent authority
The Thüringer Aufbaubank (TAB) is responsible.
Requirements
- You own a small or medium-sized business in the commercial sector, the tourism and accommodation industry or the service sector.
- You practise a business-related liberal profession.
- You are a business founder in the aforementioned sectors and a natural person for the acquisition of a business share.
Which documents are required?
Application documents can be downloaded from the Thüringer Aufbaubank website.
What are the fees?
None.
Emission: free of charge
What deadlines do I have to pay attention to?
Application before the start of the project.
Processing duration
Two weeks after the completeness of the documents.
Processing Time: 2 Weeksafter completeness of the documents
Legal basis
- Thuringian State Budget Code (ThürLHO) including the administrative regulations to §§ 23, 44 ThürLHO
- Act on the Promotion of Small and Medium-Sized Enterprises and the Liberal Professions (MFG)
- Budget Act
- Commission Regulation declaring certain categories of aid compatible with the internal market - General Block Exemption Regulation (GBER)
- Regulation on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid (De Minimis Regulation)
Applications / forms
none
Appeal
All current information and forms are published on the Thüringer Aufbaubank website.
What else should I know?
Not eligible to apply:
- Companies that cannot receive aid under the General Block Exemption Regulation (GBER) pursuant to Article 1 (2-5) or de minimis aid pursuant to Article 1 (1) of the de minimis Regulation (this includes primary agricultural production, fisheries and aquaculture)
- Companies in the food processing industry, provided that the production/processing results in products that are part of Annex I of the Treaty on the Functioning of the EU (TFEU), with the exception of small and medium-sized enterprises in the butcher's trade,
- Companies/freelance professions in forestry (NACE 02.1), health, veterinary and social services, pharmacies, lawyers, credit institutions and insurance companies or related activities,
- Enterprises in difficulty within the meaning of paragraph 24 in conjunction with paragraph 20 of the Point 20 of the Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty or pursuant to Art. 2 No. 18 of the GBER,
- Companies that have not complied with a recovery order based on an earlier Commission decision declaring aid inadmissible and incompatible with the internal market.
Supporting institutions
Advice from the Thüringer Aufbaubank customer center.
Author
The text was automatically translated based on the German content per DeepL.
The text was automatically translated based on the German content.
Technically approved by
Thuringian Ministry of Economic Affairs, Science and Digital Society
Professionally released on
04.03.2021
Source: Zuständigkeitsfinder Thüringen (Linie6Plus)
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