3rd application round for business cost support to begin on 27 April - and the application for closure compensation on 12 May
The third application round for business cost support will begin on 27 April and the application round for closure compensation on 12 May. A minimum of EUR 2,000 in business cost support will be paid to companies if they meet the conditions for it. This will help sole entrepreneurs in particular. Companies can apply for both forms of support at the State Treasury.
Business cost support to companies with decreased turnover
Applications for business cost support will be accepted from 27 April until 23 June 2021. The third round of business cost support is intended for companies whose turnover has fallen by at least 30% due to the coronavirus pandemic between 1 November 2020 and 28 February 2021, compared with the corresponding period in 2019–2020, as a rule.
Closure compensation to restaurants and other companies shut down due to epidemic
Companies can apply for the compensation, if they are temporarily forced to close its customer premises due to an Act or an official order. Companies eligible for the compensation are restaurants and other food and beverage service businesses, sports facilities, gyms, spas and indoor playgrounds. The round of applications for closure compensation starts on 12 May. Companies that have been closed down can also apply for business cost support.
LADEC STANDS READY TO HELP YOUR BUSINESS AMID THE CORONAVIRUS CRISIS AS WELL
We provide help and advice to entrepreneurs and companies in our operating area on all issues related to business activities, including how to overcome challenges. If you have concerns about the coronavirus situation or any other issue related to your business, please do not hesitate to contact LADEC! Our guidance services are free of charge and confidential.
Check out and make use of information sources
We have included a list of links to the most notable information sources that are usefull to businesses amid the coronavirus situation. Check them out!