ScaleEquity financing via an SME Growth Market

Scale for shares, the segment for small and medium-sized enterprises (SMEs), offers an efficient way of equity financing via a formally registered SME Growth Market according to EU-standards.

The inclusion requirements and follow-up obligations of Scale are tailored to SMEs, thus facilitate raising capital and open the door to national and international investors.

Deutsche Börse services support the IPO, increase the placement range and offer advantages for successful trading on the stock exchange: Deutsche Börse Capital Market Partners help you to prepare the step of going public and offer competent ongoing support while being public. Research Reports commissioned by Deutsche Börse ensure transparency and comparability. In addition the special subscription functionality DirectPlace enables you to reach family offices, asset managers and retail investors.

An IPO creates financial scope for growth and innovation and increases the public awareness of your company.

Relevant target groups for Scale

  • German and European small and medium-sized companies (SME)
  • No sector or industry specification
  • Companies, seeking capital for growth

Our Services

Capital Market Partners

Capital Market Partner

Network of experts advising you in preparation for going public and giving support with being public.




Increase your placement reach and benefit from a balanced mix of investors. We support your placement with our subscription functionality DirectPlace.


Research Report

Research Report

Facilitate your visibility, transparency and liquidity through research reports - which are commissioned by Deutsche Börse AG.




Deutsche Börse enhances your external com- munication on its web portals:


Then you’ll receive further information in our explanation video "Capital Market Financing for SMEs".


Scale is a segment of the Open Market admitted by Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange). Detailed inclusion criteria and follow-up duties are to be found in the General Terms and Conditions of Deutsche Börse AG for the Regulated Unofficial Market on Frankfurter Wertpapierbörse.


Inclusion feeAt least € 20,000 + variable inclusion fee dependent on market capitalization (maximum € 69,000)
Quotation fee per calendar quarter € 5,000