Numerous funding programs for business founders are provided by the Federal Government and the Federal State of Saxony and/or by the development banks to support founders on their way towards and during self-employment. Development loans, grants, equity capital, and guarantees are available to subsidize business start-ups. Venture capital for business founders can be provided throughout Germany, for example, by the High-Tech Gründerfonds [High Tech Start-up Fund] seed stage investment corporation and by other VC / CVC corporations known to the Saxony Economic Development Corporation (WFS). In addition, development banks, investment corporations, and guarantor banks also support business start-ups at the Saxony state level.
