IFB Hamburg Annual Report 2017 (IFB Innovationsagentur Hamburg)

Summary

• In housing construction and modernisation, loans of €608.5 million and grants of €170.3 million were granted.p.4
• In the business and environment field, a funding volume of €107.4 million supported 850 projects.p.4
• Approvals reached 3,303 new rental homes (previous year: 3,307).p.24
• PROFI innovation grants amounted to €6.3 million (2016: €3.1 million) for 26 Hamburg companies, universities and research institutions.p.16
• Until 2020, €55 million of ERDF funds is available for Hamburg, largely invested through IFB Hamburg.p.9
• The Hamburg-Kredit for start-ups and succession supported 229 companies with a funding volume of €26 million.p.15
• The G20 hardship fund paid out €257,000 for building damage, €271,000 for damaged cars and €297,000 for other damage.p.13

Key insights

1. Innovation funding of €10.6 million was committed in 2017.p.4
2. IFB Hamburg has €2.5 million available annually for cultural venues in the 2017/2018 funding period.p.12
3. 2,654 homes were approved under the first funding path, and 511 homes under the second funding path.p.19
4. Funded modernisations covered 1,404 homes in 2017.p.20
5. The IFB funding loan for rental housing (Effizienzhaus 70) reached an approval volume of €42.6 million since launch.p.24
6. Around 16,000 m² of green roofing was approved in the environment and energy field.p.17
7. The subsidy present value of the housing programmes was €245.7 million.p.23
8. The vocational recognition programme supported 199 people (previous year: 253).p.25
9. IFB granted €49.9 million of refinancing funds to house banks under Hamburg-Kredit Global.p.26