Recently dubbed “the queen bee of Berlin bureaucracy”, Kathleen Parker is now the proud recipient of an Agentur für Arbeit Gründungszuschuss – a government grant from the German Job Agency to support her freelance work activities. The process involved months of planning, extensive market research, and a 35 page business plan, written in perfect German with all relevant financial reports and outlooks. As only 10% percent of all applications for the grant are approved, the positive news was the source of some serious celebration at Red Tape Translation Berlin.
Thinking of Starting a Business in Germany?
Find out about whether you might be eligible for the Arbeitsagentur’s Gründungszuschuss. There are some eligibility requirements, as well as some red tape to cut through. The business plan requirements are thorough, and while the grant was given out quite freely a few years back, recent budget cuts require the Job Agency to screen applications very carefully. The approval rate is around 10%. Still, if you have a strong business plan and the figures look good, it’s a great chance to get started, and it will give you financial support during the first six months of business – which can make all the difference.
Like any good Oscar Winning speech, it’s time to say some thank-yous. Kathleen Parker would like to thank the following people for their support, encouragement and assistance during the grant application process: Jörn Kutz, the Parkers and Marczyks, Kelly Griffin, Melanie Knabe, and Dagmar Diwok.