Improved conditions in tourism financing plus

From May 1, 2023, the funding conditions of the Tourism financing plus ). The repayment subsidy is increased from six percent to ten percent. "This puts a clear incentive for quality -improving investments in the hospitality industry," said Secretary of the State of Tourism, Dr. Patrick Rapp. "The additional sustainability bonus also sets a clear impulse in order to give a further incentive, especially with a resource -saving planning and implementation of the projects," said Dr. Patrick Rapp on.

In addition to increasing the repayment subsidy and the introduction of a sustainability bonus, measures to improve quality such as interior facilities can be financed through the TF Plus program from May 2023. In addition, particularly innovative systems such as artificial intelligence, which are supported by artificial intelligence, will also be funded via the TF Plus in the future. In addition, the investment quota is lowered from 50 percent to 15 percent in the event of a decommissioned manner or threatened by decommissioning. "With the funding offer, important investments can be initiated that increases competitiveness in the Baden-Württemberg travel destinations. Innovative systems such as the use of artificial intelligence require solid financing. I am particularly pleased that such projects can also be financed through the TF Plus loan program and that an additional incentive will be invested in these systems," said the Tourism State Secretary.

"By offering tourism financing plus, especially for the small -scale structures in the hospitality industry, often family businesses, creates an attractive offer," said Dr. Patrick Rapp concluded. The companies receive an interest loan from a single source from their house bank with an attractive repayment subsidy.

repayment grant is a maximum of 200,000 euros

The TF Plus can be applied for via the house banks at the L-Bank . Small and medium -sized companies (SMEs in accordance with the definition of the European Union) can receive an interest -loving loan with an additional repayment subsidy and a sustainability bonus from the touristy hospitality. The prerequisite is that the company mainly serves tourism. Investment measures are funded in tourist facilities of the hospitality industry. The repayment subsidy as part of the TF Plus loan program is ten percent of the gross loan amount, a maximum of 200,000 euros. Companies with a climate strategy are also funded with a sustainability bonus. The funding loans can be combined with a guarantee of the Bürgschaftsbank or the L-Bank.

L-Bank: Tourism financing Plus