CREATIVE INDUSTRIES FUNDING
For many entrepreneurs funding their new business is one of the greatest challenges. Various banks and financial institutions provide a range of financial products and services designed to enable growth of businesses. On this page you may find programs, which resonate with the special needs of creative businesses.
The BMH Participation-Management Company Hesse offers various funds, which were created to offer good conditions for a lasting and solid business growth by means of several forms of hidden or open investment. At the same time BM H is the contact hub for Micro Mezzanine Fund Germany. The Guarantee Bank Hesse at the same time provides indemnity bonds and participation guarantees. An interesting instrument especially for young innovative companies is the venture capital investment grant INVEST from the Federal Office of Economics and Export Control.
The KfW Bank Group / European Bank for Reconstruction and Development Bank Group offers a wide range of financing models in order to help building businesses, as well as expanding , consolidating, and structuring them sustainably.
The High Tech Startup Fund or the German Silicon Valley Accelerator (GSVA) specifically finance young technology companies and are offering attractive terms. Also there are several crowdfunding platforms and the Business Angels FrankfurtRhineMain, who all may be considered as financing options. Some of these platforms are specialized on creative projects such as Startnext, Kickstarter, or Indiegogo. The Crowdfunding Guide of the European Commission (pdf) explains how it works.
A micro-loan can be a useful tool for pre- or interim-financing orders or for undertaking important investments. The micro-credit fund of the German Federal Government was created specifically for the needs of small and medium sized companies in the creative industries.
Online database provided by the German Federal Ministry for Economic Affairs and Energy – biggest overview of the current programs.
Enterprise Europe Network Hessen hosted by Hessen Trade & Invest GmbH offers support and advice for businesses and helps them making most of the opportunities they have in the European Union. Also the Enterprise Europe Network Hessen provides information about EU legislation, funding opportunities, and last not least helps companies finding business partners.