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Three-point program for Thuringian industry

The State of Thuringia has summarized its plans to support companies in crisis in the form of a three-point program. “This is essentially a three-pronged approach consisting of grants, loans and investments aimed at decarbonizing, improving efficiency and reducing energy consumption,” announced Economics Minister Tiefensee. 

Program for Thuringian companies suffering from the energy crisis: This is a grant awarded for equity reasons to small and medium-sized enterprises whose economic existence is unforeseeably threatened by the energy price increases through no fault of their own.

Securing liquidity: The guarantee guidelines and the consolidation fund have been expanded and strengthened. Another option has now been created: low-interest loans with repayment grace periods of two years. 

Programs to support future business investment: In addition to the digitalization bonus, there is now a decarbonization bonus, structured to minimize red tape, that aims to support investments in energy efficiency, energy conservation and the decarbonization of processes, products and services. The Thuringia Invest program has been replaced by the program InnoInvest. (maa)

For details, visit www.aufbaubank.de

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