Abbreviated form of legal source(s)
KfW Offensive for Small and Medium Enterprises
Description of support scheme
KfW supports small and medium enterprises for projects reducing, preventing, or capturing greenhouse gases with a combination of subsidies and low-interest loans. Installing plants for electricity generation using renewable energy sources is also eligible.
Amount
Up to EUR 25 million per project. The yearly interest rate is at 1.03 %. Additionally, a Climate Subsidy of up to 6% can be granted.
Addressees
The yearly maximum revenue of applicants must not exceed EUR 500 million. Applicants can be private companies, companies in public property or companies owned by individuals. The amount can also be granted for initiatives in other EU Member States to German Companies.
Procedure
Companies can prepare the application via an online tool on the website. Then, they must find a financing partner. The bank administers the KFW loan. Further information can be found on this website:
https://www.kfw.de/inlandsfoerderung/Unternehmen/Energie-Umwelt/Förderprodukte/Klimaschutzoffensive-für-den-Mittelstand-(293)/#detail-3-target.
Competent authority
KfW loans are administered and disbursed by regular banks.