HomeFunding for Startups & Companies

Funding for Startups & Companies

Funding for Startups – Companies

For startups and existing companies, there is a wide range of funding and grants available. As part of our funding advisory service, we show you financing options and the optimal combination of public funding (e.g., KfW support).

KfW Funding for Companies

KfW funding is a great opportunity for companies to finance their growth. But how do you get these funds? Here is a guide on how to apply for KfW funding and what else needs to be considered.

  1. The KfW Development Bank The KfW is a state-owned development bank in Germany, specializing in the promotion of small and medium-sized enterprises (SMEs). In its business activities, the KfW offers various programs and funds with which entrepreneurs can expand or newly establish their business.

  2. Which Companies Can Apply for Funding? In general, any company can apply for funding. However, there are certain criteria that a company must meet to qualify for funding. For example, the company must be based in a specific federal state or be of a certain size. The type of company is also crucial: most programs primarily support small and medium-sized enterprises (SMEs).

  3. What Funding Programs Are There? KfW offers various funding programs for companies, targeting both small and medium-sized businesses as well as larger companies. The programs have different objectives, such as financing investments, creating or securing jobs, or promoting innovations. Additionally, there are programs specifically designed for startups and young companies. Some of the funding programs are state-subsidized, while others are financed through credit institutions. Some programs require repayment, while others do not. Therefore, it’s worthwhile for every company to inform themselves about the various funding opportunities and select the appropriate program for their needs.

  4. How Much Funding Is Available? The Kreditanstalt für Wiederaufbau (KfW) is a German federal bank that offers funding, loans, and guarantees. For example, companies can apply for the Investment Bank’s funding programs “Business Investments” or “Innovation and Technology Transfer”. The amount of funding depends on the specific program and the individual needs of the company.

  5. Where Do I Apply for Funding? Funding is applied for through the KfW Banking Group. It is important to first find out which funding is suitable for your company. On the KfW Banking Group website, you will find a funding calculator to determine which funding programs are suitable for you. Generally, the so-called principle of applying through your principal bank applies to KfW loans. Typically, KfW funds are applied for through your principal bank or another bank you work with.

In summary, the KfW Banking Group is an excellent point of contact for companies looking to apply for funding.

  1. What Documents Are Required? The KfW Development Bank awards corporate funding following a specific procedure. The documents required for funding can vary depending on the funding program and purpose. Typically, however, an application for funding, a business plan, and financial documents such as annual financial statements or creditworthiness documents are required.