ERP Special Assets

ERP = Euro­pean Reco­very Program. The fede­ral govern­ment supports start-ups and small and medium-sized enter­pri­ses by provi­ding low-inte­­rest loans, equity capi­tal, quasi-equity funds and indem­ni­ties. The funds for this come from the ERP Special Fund, among others. The orig­ins of the ERP Special Fund go back a good 60 years. At that time, the U.S. provi­ded finan­cial recon­s­truc­tion aid to Germany through the “Marshall Plan.” Since then, funds have been allo­ca­ted from the special assets thus created.