Berlin
- “Liquiditätshilfe Sonderfall Corona” by IBB Bank→ loans available up
to €500k - €2.5m → no interest rate, period of 6months
- So far, this only applies to certain heavily affected sectors: e.g. local
merchants, gastronomy, hotels, clubs etc
- only for SMBs (<250 employees, < €50m annual revenue) / which exist >3 years with a location in Berlin
Bavaria/Munich
Via Förderbank Bayern:
- Loans up to €10m per project (“Vorhaben”)
- Eligibility: Companies with annual revenue <€500m
- Process via local banks
Immediate State Aid
- For liquidity shortfalls from €5-30k
- Eligibility: Companies <250 employees with liquidity shortfalls due to the crisis; and where liquid private assets were not able to avoid such shortfalls
- Process via link