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Expected Outcome
- Increased number of sustainable businesses in Lower Saxony
- New job and training opportunities
- Improved financial access for micro-entrepreneurs
- Empowerment of individuals transitioning from unemployment
- Strengthened economic diversity in the region
- Boost in regional economic development
- Enhanced creditworthiness of applicants
- Simplified and guided application process
- Improved quality of business planning
- Support for innovative and resilient business models
Scope
- Support for start-ups and business successions in Lower Saxony
- Promotion of micro-enterprises and newly founded SMEs
- Financing of investments, working capital, and training
- Support for founders coming from unemployment
- No collateral required for the loan
- 100% payout of approved amount
- Loans between 5,000 € and 40,000 €
- Projects must not have started before approval
- Excludes refinancing, land purchases, and previously funded projects
- Mandatory pre-application consultation
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