“With this fund, young innovative entrepreneurs with a new or substantially enhanced product or service get the chance to entry the market” Dr. Bohnenkamp, Managing Director of bm|t, the management company of Thüringer Gründerfonds adds.
Companies can get up to € 200,000 equity financing from Thüringer Gründerfonds. If at least 30% of the total financing is co-invested by private investors this amount increases up to € 500,000 p.a. and financing round – however the total investment of Thüringer Gründerfonds in one company cannot exceed € 1.0 million.
Also loan-like silent partnerships (Stille Beteiligungen) are possible up to a maximum of € 200,000 without private co-financing and even above if the company complies with the EU aid regulations (EU-Beihilferegeln).
The fund was set up by STUWT (Stiftung für Unternehmensgründungen und –förderung in der gewerblichen Wirtschaft Thüringens) and can be increased if necessary. Interested entrepreneurs can contact bm|t beteiligungsmanagement thüringen GmbH, Erfurt – the investment company of the State of Thuringia.