There are thousands of subsidy programs in Germany. At the very beginning, you can get a subsidy to cover the costs of business consultation. As a foreigner in Germany, you are eligible for double the amount of consulting subsidies as a German citizen. This makes sense because you will probably need more help. In the eastern part of Germany costs are covered up to 80% and in the western part of Germany up to 50%. Foreigners can use two programs amounting to 4,000 Euros in the first two years of starting their business. This is also true for female German entrepreneurs. These programs can even be used twice, resulting in 8,000 Euros. In the following years, you can take advantage of two more programs each providing 3,000 Euros. That is 14,000 Euros worth of business consulting, with 80% of it covered by the government. The resulting cost is only 2,800 Euros. That means, upon arriving in Germany you can get 10,000 Euros towards business consulting to ensure that your business starts out on the best possible path. Your business consultant will then look for all other further business subsidies which are relevant to your business and in your area.
There are EU subsidy programs. There are German subsidy programs. Every region, state and city have their own programs, as well as do private institutes, so that it can be quite complicated finding subsidies that fit your specific needs. As your consultant, we will navigate these challenges with you, and at a very low cost to you.
There are some very interesting subsidies for foreign companies in Saxony. If you invest here and actually build something by starting a new company for which you buy machinery or real estate, up to 30% of this can be covered by a direct subsidy from the government. This is especially true if you create new jobs. However, not all branches of business are covered. Ask us if your business could benefit from such subsidies. Furthermore, if you participate in international trade shows you can get 5,000 Euros up to four times per year, if you are company from Saxony.
Nearly everyone can get up to 200,000 Euros for their business without having elaborate securities because of government loans for businesses in Saxony. You may be eligible for much more if you do other things such as develop new products, especially in connection with regional universities. Additionally, if you have to make investments in your IT-structure or webshop, 50% of your costs can be covered by the Saxon government. There are more than 1,800 subsidy programs that you may be able to benefit from. Call us today to find out more about subsidies and loans! (Get free consultancy).