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Financing of economic development measures, including infrastructure promotion (measures to improve and strengthen the economic, transport and environmental structure), housing and urban development promotion and the promotion of climate protection, as well as the assumption of other financing tasks, including the guarantee business, in the interest of the Free Hanseatic City of Bremen (state and municipality) and the city of Bremerhaven in accordance with the state aid regulations of the European Community …
Financing of economic development measures, including infrastructure promotion (measures to improve and strengthen the economic, transport and environmental structure), housing and urban development promotion and the promotion of climate protection, as well as the assumption of other financing tasks, including the guarantee business, in the interest of the Free Hanseatic City of Bremen (state and municipality) and the city of Bremerhaven in accordance with the state aid regulations of the European Community. In the above-mentioned areas, the company assumes funding tasks of the Free Hanseatic City of Bremen (state and municipality) as well as the city of Bremerhaven by granting and administering state or municipal financial aid as well as financial aid from the Federal Republic of Germany or the European Union. The company's tasks include raising and channelling financing, which is used in particular for support measures in the areas of SME financing, venture capital financing, financing of environmental protection investments, technology/innovation financing, infrastructure financing, housing and urban development. Within this framework, the company can take over fiduciary, administrative and exploitation transactions from the Free Hanseatic City of Bremen (state and municipality), the city of Bremerhaven or institutions and companies directly and indirectly dependent on them. The public funding tasks must be described in detail in the relevant regulations. The tasks of the company include the granting of loans and other financing to the Free Hanseatic City of Bremen (state and municipality), the city of Bremerhaven as well as their offices and public-law special-purpose associations. Within the scope of its promotional mandate and for the fulfilment of it, the Company may invest in other companies both for its own account and for the account of third parties, in particular in credit institutions and financial services institutions within the meaning of the German Banking Act (KWG) as well as in investment companies within the meaning of the Corporate Participation Companies Act (UBG). The Company is entitled to conduct all business that is conducive to achieving the Company's purpose and is directly related to it. Within this framework, it can also carry out all banking transactions, taking into account the banking licence issued.
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