Public guarantees issued by individual state governments are available throughout Germany. They cover up to 80 percent of the loan amount. For investment projects in eastern Germany, the amount guaranteed for is limited to EUR 10 million. Higher amounts might be guaranteed for by the respective state government together with the federal government. The amount guarantted for is unlimited for projects throughout the rest of Germany.
Applications have to be handed in before the investment starts. They have to be submitted to a state mandatary (usually the respective public state development bank) via the investor's bank. A state guarantee committee then delibartes on the application and issues a recommendation. Finally, the State Minister of Finance decides on the allocation of a state guarantee.You can find this fragment in the following contexts: