IBB MikroCrowd

• Founders of small or medium-sized commercial businesses (SMEs)
• Founders of freelance businesses
• Commercial or freelance enterprises

who are opening or already have an operating facility in Berlin.

Co-financing for investments and the related working capital as part of the following measures:

• Start-ups and consolidation projects
• Expansion projects
• Implementation of new projects or products and their marketing

The project to be financed must be carried out at a Berlin-based operating facility.

What is not eligible for support?

• Re-financing or follow-up financing of projects that have already begun or have been completed
• Restructuring financing

IBB can grant for eligible projects low-interest microloans of up to EUR 25,000 from the 'KMU-Fonds' co-financed by the ERDF of the European Union.

By combining this with crowdfunding, additional supporters can be gained for financing and feedback can be gathered from potential customers regarding market acceptance.

• The latest interest rates can be found in the Overview of terms and conditions (german only).
• Loans are usually limited to a term of 6 years, including one year redemption free.
• No handling fees or standby interest charged.
• Repayments are generally made on a quarterly basis.
• Curation on Startnext is free of charge.
• Voluntary commission for Startnext and fixed transaction fees for their payment processing when the funding target is reached

• Applications must be submitted prior to commencing the project (e.g. first binding contract, conclusion of a purchase agreement, commencement of the innovation project, etc.) because debt re-scheduling and refinancing are not possible.
• Please use our Application form (german only) which also contains a list of all the documents that must be submitted. If your application does not contain the fully completed and signed application form, the fully completed and signed voluntary disclosure form and your CV, we will return your application without any further examination for formal reasons.
• Alternatively, you can also submit your application online at www.ibb.de/kundenportal.

Please note: Applications are accepted in German only.

Which additional documents have to be submitted?

• In the case of existing companies and company takeovers, it is essential that the application also contain the latest commercial analysis or the monthly result statement and, if applicable, the annual accounts or income statements for the past two years, along with information on tax matters.
• When it comes to financing for start-ups, questions will be asked regarding the measures planned to achieve turnover as well as success factors, such as letters of intent, first orders, co-operations concluded. In as far as available, your annual accounts, as well as the latest company figures, will be used to examine your application and to assess future capital service capability.
• Once your application is received, you will be sent confirmation of receipt. As soon as all the documents are complete, they will be examined.
• If your project is considered to have good prospects for success, we will usually invite you to come to IBB for a meeting. After the meeting, you will be notified of the provisional loan decision within a few working days.
• When you apply with your project, also apply for crowdfunding curated by IBB using the online form on the Startnext Partner Page 'IBB MikroCrowd'. Curation is carried out by IBB when provisional loan approval has been issued. In addition, the requirement criteria must be fulfilled in accordance with the terms of use for the crowdfunding platform (examination by Startnext).
• After successful funding (when the funding threshold is reached), you will receive a loan agreement from Investitionsbank Berlin. With proof of fulfilment of the requirements (receipt of crowdfunding funds), payment will be initiated.