Loading…
Loading…
LfA Förderbank Bayern is the Bavarian state development bank; its loans are typically distributed on-lent through Hausbanken and blend Bavarian state budget funds with KfW ERP (European Recovery Programme) credit lines and, for the two higher funding tiers, EU InvestEU Fund backing. The Innovationskredit and Digitalisierungskredit replace the prior "Innovationskredit 4.0" product (which could still be drawn down through 30 June 2025) with three funding tiers each — the more ambitious the innovation/digitalization project, the lower the interest rate offered. Loan caps are EUR 7.5m at the base tier and EUR 15m at the two higher tiers; base-tier borrowers receive a 1-2% repayment subsidy, while higher-tier borrowers can additionally draw a KfW ERP subsidy of up to 5%. Terms include up to 10-year maturities, up to two interest-free years, and financing of up to 100% of eligible project cost. Eligibility extends to companies and freelancers with annual revenue up to EUR 500m, except that the base Digitalisierungskredit tier is SME-only.
Severity is set low (2) — this is a broad-based, non-discriminatory subnational SME/innovation financing facility rather than a trade-distorting or foreign-targeted measure; it is filed for IPTM's industrial-policy financing-architecture coverage of subnational German state aid.
Landesförderbanken) of channeling subsidized long-tenor credit into innovation and digitalization capex, lowering the effective cost of capital for Bavarian SMEs and mid-caps relative to unsubsidized bank lending.
single loan product, illustrating the layered financing architecture behind German subnational industrial policy.
2025-26 — only per-loan caps are public.
Innovationskredit vs. Digitalisierungskredit) is not yet available.