In order to support promising startups on their way to financial maturity, the state of Baden-Württemberg provides funding for the Start-up BW Pre-Seed Program. In this phase, institutional investors are often still reluctant to invest due to the increased risk and the uncertain prospects of the startup project’s success.
>SMART> GREEN is a Start-up BW Pre-Seed support partner accredited by the state of Baden-Württemberg and is therefore the point of contact for interested startups. Our aim is to help innovative green tech startups obtain early-stage financing from the state, to jointly develop a clear financing strategy for the coming years and to lay the foundations for follow-up financing at an early stage.
The application amount is usually between €50.000 and €200.000. At least 20% risk participation must be provided by a co-investor. The remaining 80% is funding from the state of Baden-Württemberg, paid out by the L-Bank. For €200.000, this would be €40.000 co-investment and €160.000 from L-Bank. The co-investor can also increase the share to the same amount from L-Bank, allowing the startup to apply for €320.000.
Apply Now! Pre-Seed Funding FAQ Information from the ministery