German federal state development bank COVID-19 programmes
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Germany
As co-head of the global Finance & Financial Regulation Practice Groups and head of the German Finance & Financial Regulation Practice Group, I advise on national and international finance and capital markets law as well as on commercial and corporate law. I am also a member of the international steering group of our Financial Services Sector Group.
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Germany
As an associate in our Finance & Financial Regulation practice group I advise national and international clients on financial regulatory and finance matters, focusing in particular on the intersection of financial regulation and technology.
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To soften the economic blow of COVID-19, the German federal states started set up liquidity assistance programmes.
Along with the German federal government, the 16 German federal states have set up credit programmes. These are handled by the respective state development banks.
Below we have compiled a list with the webpages of the various state aid programmes of the German federal development banks.
Bavaria: LfA Förderbank Bayern, z.B.
Emergency loan (German only)
Baden-Württemberg: L-Bank, z.B.
Liquidity loan (German only)
Berlin: Investitionsbank Berlin (IBB), z.B.
Liquidity Aids (English only)
Brandenburg: Investitionsbank des Landes Brandenburg (ILB), z.B.
SME Credits (German only)
Bremen: Bremer Aufbau-Bank, z.B.
Entrepreneur loan (German only)
Hamburg: Hamburgische Investitions- und Förderbank (IFB), z.B.
Credit for Growth
Hesse: Wirtschafts- und Infrastrukturbank Hessen (WiBank), z.B.
Founding and Investing loan
Mecklenburg-Western Pomerania: Bürgschaftsbank MV GmbH, z.B.
BMV Loan (German only)
Lower Saxony: NBank, z.B.
Founding Credit (German only)
North Rhine-Westphalia: NRW.Bank, z.B.
Universal Credit (German only)
Rhineland-Palatinate: Investitions- und Strukturbank Rheinland-Pfalz (ISB), z.B.
Working Capital Loan (German only)
Saarland: Saarländische Investitionskreditbank AG, z.B.
Founding and Investing Financing Programme (German only)
Saxony-Anhalt: Investitionsbank Sachsen-Anhalt (IB), z.B.
SME Loan (German only)
Saxony: Sächsische Aufbaubank, z.B.
Liquiditätshilfemaßnahmen
Liquidity Aid Measure (no content yet on the website, expected to be updated soon)
Schleswig-Holstein: Investitionsbank Schleswig-Holstein (IB.SH), z.B.
Working Capital Loan (German only)
Thuringia: Thüringer Aufbaubank, z.B.
Consolidation Fund (German only)
Further information is also available via the funding database of the Federal Ministry of Economics:
https://www.foerderdatenbank.de/FDB/DE/Home/home.html
