Retail businesses can apply for subsidies of up to €50,000

Submitted by socpro on Thu, 09/17/2020 - 15:10
measures summary

From 3 August onwards,retail businesses can apply for financial assistance from the government.

The amount of assistance is 1,000 euros per employee for the month of July,750 euros per employee for the month of August and 500 euros per employee for the month of September. This aid cannot exceed 50,000 euros.

Conditions:

- First,it is intended only for businesses in the retail sector which have been forced to stop activities on 18 March,or which have suffered a severe loss of turnover of at least 50% between 15 March and 15 May.

- Second,the business can not have received partial unemployment subsidies for the month for which the aid in question is requested. Third,the business cannot have laid off employees for economic reasons.

Measure date
Regions / Country

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