Rescue and Restructuring of Small and Medium-Sized Enterprises Grant
••••• organisation
An organisation
This is a European government funding programme supporting the rescue and restructuring of small and medium-sized enterprises (SMEs) facing financial distress. While not explicitly climate-focused, it may support SMEs in transition sectors undergoing restructuring for sustainability or resilience.
About this grant
The Free State of Saxony supports the rescue and restructuring of small and medium-sized enterprises (SMEs) in financial difficulties. This programme provides rescue loans, restructuring loans, temporary restructuring loans, and grants for insolvency plan preparation costs. Rescue loans support liquidity for up to 6 months of operations. Restructuring loans require a realistic, coherent, and comprehensive restructuring plan to restore long-term profitability. Temporary restructuring loans provide up to 18 months of support with a simplified restructuring plan. …
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Frequently asked questions
- How much funding does this grant offer?
- Rescue and Restructuring of Small and Medium-Sized Enterprises offers $2.2M.
- Who can apply for Rescue and Restructuring of Small and Medium-Sized Enterprises?
- Eligibility covers organisations in DE; sme. The full eligibility conditions are part of the Pro detail.
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