MEP (by SAB)

MEP (Markteinführung innovativer Produkte) is a grant program administered by SAB (Sächsische Aufbaubank), the development bank of Saxony, Germany, designed to support SMEs with the market launch of innovative products, processes, or services. The program covers up to 75% of eligible expenditures for businesses with less than 5 years of operations, with grants reaching up to €150,000 maximum.

MEP (Markteinführung innovativer Produkte – MEP-Zuschuss) is SAB’s grant funding program for startups. SAB (Sächsische Aufbaubank – Förderbank) is the development agency of the Free State of Saxony.

The MEP grant aims to support SMEs with the market launch of new and innovative products, processes or services.

The grant covers up to 75% of the eligible expenditures depending on the size of the business:

Businesses with less than 5 years of operations can claim 75% up to a maximum of €150,000
All other businesses can get up to 50% up to €100,000 maximum
To find out more about the eligibility criteria and the conditions of the grant, refer to the document here (in German).