Tell me about it...
The first conversation between the applicant and his consultant from Spitzmüller AG gets straight to the point. The entrepreneur explains in detail where he wants to go in the next two years. What projects are on the agenda? Will there be construction or modernization? Will old machines be replaced? Or are new machines needed for the planned project? During the conversation, the consultant goes on a little mental walk and ticks off important points.
What does it take?
The consultant first sorts out all potential projects from the entrepreneur's statements. For example, topics such as: New construction, a development project or the modernization of machinery. Now it's time for the hard facts. How much money is needed in total and by when? Together with the entrepreneur, the required funds are added up so that it is clear how much money is needed to implement the projects. Then comes the next question: Where to get it?
Can it be financed?
Where can the necessary funds be obtained? Equity capital? Debt capital? Or perhaps a business angel should be brought on board? The consultant clarifies these points with the entrepreneur and ensures that the necessary funds can flow. Potential financiers include, for example, house banks, the KfW Bank, the Landesbank or so-called business angels who buy into the company. With the promised funds, the planned projects are secured for the time being and can be implemented. But that's not all ...
Eligible?
In order to reduce the economic risk, there are often one or two funding pots from which money can flow. The question now is whether the projects are eligible for funding and which funding category the money can come from: Research and development, structural funding or investment grant? Once this has been clarified, the consultant usually has the right pot ready: EU, federal, state or foundation. Our experience usually allows us to make an estimate of how much money could flow as funding right after the initial meeting. On average, it is around 30 percent of the planned investment sum.
Future planning
The finances are secured, any subsidies relieve the company and reduce the economic risk - but Spitzmüller AG offers something more. There is always the possibility that a project still needs a suitable partner for development, implementation or marketing. Here too, our networking activities enable us to assist the entrepreneur and quickly find the right partner. As a result, nothing stands in the way of successful company organization and innovative project development.
The order
The company is convinced by the funding analysis and commissions Spitzmüller AG. The company in Gengenbach now begins to familiarize itself intensively with the technical environment, search for the optimal program and identify the right project sponsor. A second meeting is held to gather all the necessary information for the funding application and to coordinate the strategy closely with the customer.
The application
By now at the latest, Spitzmüller AG's heads are spinning. The funding application should be ready within two weeks - not unusual. But there is a lot to do before the 30 to 40-page application is really perfect. It involves market analyses and sales opportunities, the state of the art, the activities of the competition, risks and opportunities, relevance and feasibility. Does the product have enough potential to create or secure jobs in Germany? Is it innovative enough? The commercial department at Spitzmüller calculates the expected development costs in parallel.