Fin.Connect.NRW

With Fin.Connect.NRW we are expanding the financial ecosystem. The initiative is primarily concerned with financing the economic transformation, proposing solutions and initiating projects.

In the first phase of the project (2020 to October 2023), a network was created that primarily brought together the finance and credit industry (banks, insurance companies, private equity) and some companies from the real economy. In events and studies, the participants have analysed and explained in particular the necessity and importance, but also the difficulties and challenges of transformation financing.

On the initiative of the Ministry of Economic Affairs, Industry, Climate Protection and Energy of the State of North Rhine-Westphalia (MWIKE), Fin.Connect.NRW has been expanded and strengthened since November 2023 (until the end of 2026).

The aim is to establish a competence centre for transformation financing in NRW that supports the real economy and the financial sector in a variety of ways.

• Companies that are already subject to the NFRD

• Companies that fulfil two of the three criteria:
  • 250 employees 
  • € 40 million turnover 
  • € 20 million balance sheet total

• Listed SMEs (with the exception of micro-enterprises)

• Companies with parent companies from third countries,
  • that achieve a total group turnover of >  € 150 million in the EU for two consecutive years.