{"id":60800,"date":"2020-05-27T12:01:26","date_gmt":"2020-05-27T10:01:26","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=60800"},"modified":"2021-10-26T13:35:43","modified_gmt":"2021-10-26T11:35:43","slug":"corona-aid-waiting-for-pillar-2-scares-off-investors","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/60800\/corona-aid-waiting-for-pillar-2-scares-off-investors\/","title":{"rendered":"Corona aid: Waiting for Pillar II scares off investors"},"content":{"rendered":"<div class=\"entry-content\">\n<p><strong>Meanwhile, the \u20ac2 billion aid package for startups announced by Federal Finance Minister Olaf Scholz on April 1st has taken shape: The program consists of two pillars, depending on whether a startup has a VC on board or not. However, so far, only the first pillar has been completed. The uncertainties surrounding Pillar II are not only straining startups&#039; nerves, but are also increasingly scaring off investors.<\/strong><\/p>\n\n\n\n<p>The distribution of <a href=\"\/en\/60289\/2-billion-aid-package-for-startups-approved\/\">announced funds<\/a> is organized in two pillars: For startups with VC, the VC must contact KfW Capital or the European Investment Fund (EIF). This provides additional capital through the so-called Corona Matching Facility. Only private VC funds are eligible to apply for this facility.<\/p>\n\n\n\n<p>Young companies without VC, on the other hand, are to receive support through a network of state development banks, SME investment companies, and business angel networks. However, this pillar is still under development. So far, neither program conditions nor a timeline are known. Furthermore, the question arises, according to the <a href=\"\/en\/day\/band\/\">Business Angel Network Germany (BAND)<\/a>whether those who already invested in March 2020 can rely on Pillar II, whether this will only take effect retroactively from 2 April 2020 or whether it will only start on the day the measure is publicly announced.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Waiting for Pillar II puts investments on hold<\/h2>\n\n\n\n<p>As BAND further reports, this has led, among other things, to many already prepared deals for investments in startups currently being put on hold. <strong>Message from the association<\/strong> it says:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;Nobody wants to close a deal that might be constructed in such a way that it runs counter to Pillar II requirements. So, a collective wait for Pillar II. That&#039;s fatal: startups need the money now.&quot;<\/p><\/blockquote>\n\n\n\n<p>In addition, BAND fears a possible federal patchwork in the course of the implementation of Pillar II. If Pillar II is not put together as a uniform federal aid package or cannot be put together in the short term, then the decision-makers should ensure that there are no serious differences between the individual state programs and that they do not start at different times if possible.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Meanwhile, the \u20ac2 billion aid package for startups announced by Federal Finance Minister Olaf Scholz on April 1st has taken shape: The program consists of two pillars, depending on whether a startup has a VC on board or not. However, so far, only the first pillar has been completed. The uncertainties surrounding...<\/p>","protected":false},"author":33,"featured_media":60804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5638,1],"tags":[1416,3882,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren - Munich Startup<\/title>\n<meta name=\"description\" content=\"Bisher ist nur die erste S\u00e4ule des Startup-Hilfspakets fertiggestellt. Unsicherheiten wegen S\u00e4ule II verschrecken nun zunehmend Investoren.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/60800\/corona-aid-waiting-for-pillar-2-scares-off-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Bisher ist nur die erste S\u00e4ule des Startup-Hilfspakets fertiggestellt. Unsicherheiten wegen S\u00e4ule II verschrecken nun zunehmend Investoren.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/60800\/corona-aid-waiting-for-pillar-2-scares-off-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-27T10:01:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-26T11:35:43+00:00\" \/>\n<meta name=\"author\" content=\"Maximilian Feigl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maximilian Feigl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/\",\"url\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/\",\"name\":\"Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg\",\"datePublished\":\"2020-05-27T10:01:26+00:00\",\"dateModified\":\"2021-10-26T11:35:43+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509\"},\"description\":\"Bisher ist nur die erste S\u00e4ule des Startup-Hilfspakets fertiggestellt. Unsicherheiten wegen S\u00e4ule II verschrecken nun zunehmend Investoren.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg\",\"width\":2400,\"height\":1600,\"caption\":\"S\u00e4ule II\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cms.munich-startup.net\/#website\",\"url\":\"https:\/\/cms.munich-startup.net\/\",\"name\":\"Munich Startup\",\"description\":\"Das offizielle Startup-Portal f\u00fcr M\u00fcnchen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cms.munich-startup.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509\",\"name\":\"Maximilian Feigl\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g\",\"caption\":\"Maximilian Feigl\"},\"description\":\"Maximilian Feigl berichtet seit 2020 \u00fcber das M\u00fcnchner Startup \u00d6kosystem. Dabei haben es dem studierten Politikwissenschaftler vor allem Deeptech-Themen angetan.\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/author\/feigl\/\"}]}<\/script>\n<meta property=\"og:image\" content=\"https:\/\/cms.munich-startup.net\/en\/wp-content\/uploads\/2020\/05\/rsz_51.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Corona aid: Waiting for Pillar II scares off investors - Munich Startup","description":"So far, only the first pillar of the startup aid package has been completed. Uncertainties surrounding Pillar II are now increasingly scaring off investors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cms.munich-startup.net\/en\/60800\/corona-aid-waiting-for-pillar-2-scares-off-investors\/","og_locale":"en_US","og_type":"article","og_title":"Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren - Munich Startup","og_description":"Bisher ist nur die erste S\u00e4ule des Startup-Hilfspakets fertiggestellt. Unsicherheiten wegen S\u00e4ule II verschrecken nun zunehmend Investoren.","og_url":"https:\/\/cms.munich-startup.net\/en\/60800\/corona-aid-waiting-for-pillar-2-scares-off-investors\/","og_site_name":"Munich Startup","article_publisher":"https:\/\/www.facebook.com\/munichstartup\/","article_published_time":"2020-05-27T10:01:26+00:00","article_modified_time":"2021-10-26T11:35:43+00:00","author":"Maximilian Feigl","twitter_card":"summary_large_image","twitter_creator":"@munich_startup","twitter_site":"@munich_startup","twitter_misc":{"Written by":"Maximilian Feigl","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/","url":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/","name":"Corona aid: Waiting for Pillar II scares off investors - Munich Startup","isPartOf":{"@id":"https:\/\/cms.munich-startup.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage"},"image":{"@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage"},"thumbnailUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg","datePublished":"2020-05-27T10:01:26+00:00","dateModified":"2021-10-26T11:35:43+00:00","author":{"@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509"},"description":"So far, only the first pillar of the startup aid package has been completed. Uncertainties surrounding Pillar II are now increasingly scaring off investors.","breadcrumb":{"@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#primaryimage","url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg","contentUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg","width":2400,"height":1600,"caption":"S\u00e4ule II"},{"@type":"BreadcrumbList","@id":"https:\/\/cms.munich-startup.net\/60800\/corona-hilfen-warten-auf-saeule-ii-verschreckt-investoren\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cms.munich-startup.net\/"},{"@type":"ListItem","position":2,"name":"Corona-Hilfen: Warten auf S\u00e4ule II verschreckt Investoren"}]},{"@type":"WebSite","@id":"https:\/\/cms.munich-startup.net\/#website","url":"https:\/\/cms.munich-startup.net\/","name":"Munich Startup","description":"The official startup portal for Munich","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cms.munich-startup.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509","name":"Maximilian Feigl","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g","caption":"Maximilian Feigl"},"description":"Maximilian Feigl has been reporting on the Munich startup ecosystem since 2020. The political scientist is particularly interested in deeptech topics.","url":"https:\/\/cms.munich-startup.net\/en\/author\/feigl\/"}]},"og_image":[{"width":2400,"height":1600,"url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/05\/rsz_51.jpg","type":"image\/jpeg"}]},"_showyear":"","_inactive":"","_show_financing":"","_hide_on_map":"","_edit_lock":"1635248146:38","_edit_last":"38","_yoast_wpseo_focuskw":"S\u00e4ule II","_yoast_wpseo_metadesc":"Bisher ist nur die erste S\u00e4ule des Startup-Hilfspakets fertiggestellt. Unsicherheiten wegen S\u00e4ule II verschrecken nun zunehmend Investoren.","_yoast_wpseo_linkdex":"75","_thumbnail_id":"60804","wbounce_status":"default","_yoast_wpseo_primary_category":"5638","_yoast_wpseo_focuskw_text_input":"","_yoast_wpseo_content_score":"90","ms_image_format":"contentwidth","_ms_image_format":"field_5cb8587572c8b","ms_dachzeile":"","_ms_dachzeile":"field_5cd9b7f365df5","ms_bump_post_date":"","_ms_bump_post_date":"field_5d1341edcf42a","guest_author_name":"","_guest_author_name":"field_5cee78a6016f9","guest_author_image":"","_guest_author_image":"field_5cee7914016fb","guest_author_description":"","_guest_author_description":"field_5cee78dd016fa","ms_post_image_caption":"","_ms_post_image_caption":"field_5f735b0735284","ms_post_image_credit":"","_ms_post_image_credit":"field_5f735b1435285","suppress_startupbox":"0","_suppress_startupbox":"field_60a64b0b6efc6","_yoast_wpseo_estimated-reading-time-minutes":"2","_wp_old_date":"","_yoast_wpseo_title":"","_yoast_wpseo_wordproof_timestamp":"","footnotes":"","easy_language_simplification_original_id":"","easy_language_source_language":"","easy_language_simplification_language":"","easy_language_api":"","easy_language_prevent_automatic_mode":"","_wp_old_slug":"","_wp_trash_meta_status":"","_wp_trash_meta_time":"","easy_language_simplification_state_changed_from":"","easy_language_de_EL_changed":"","ms_competition_deadline":"","_ms_competition_deadline":"","_wpbitly":"","enclosure":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","wbounce_template":"","wbounce_title":"","wbounce_text":"","wbounce_cta":"","wbounce_url":"","wbounce_override":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_oembed_7131efca3705e16bd9da2c41df237660":"","_oembed_time_7131efca3705e16bd9da2c41df237660":"","_pprredirect_type":"","_pprredirect_url":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_newsletterglue":"","easy_language_text_language":"","_wp_desired_post_slug":"","_relevanssi_noindex_reason":"","_links":{"self":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/60800"}],"collection":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/comments?post=60800"}],"version-history":[{"count":3,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/60800\/revisions"}],"predecessor-version":[{"id":77083,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/60800\/revisions\/77083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media\/60804"}],"wp:attachment":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media?parent=60800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/categories?post=60800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/tags?post=60800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}