Project partners will further examine the good practice "Models for SME funding in a regional development bank" in Magdeburg.

In the morning session there will be presentations on how to develop a funding scheme into a product and on exploring the role of municipalities and banks in reducing the complexity of funding/grant schemes and regulatory procedures. Afterwards the delegation will visit a SME in Barleben to get to know the point of view of a customer who is funded by products of the Development Bank of Saxony-Anhalt. Finally the visitors will see how you can get from a customer´s project idea to its tailored financing. Funding opportunities in a SMEs life cycle will also be presented, e.g. loan-fund for SMEs.