Réunion Region (18.05.2020) This fund is part of a principle of subsidiarity, in addition to the other mechanisms operated by the State and the local authorities, and must allow “last resort” intervention. It is therefore mobilized if: • the applicant does not have access to a bank loan or to other support tools offered by the State, the Region (rebound loan) or other communities, • the other support tools did not meet the cash flow requirements.

It is an Advance of 10,000 € - repayable in 3 years, including 1 year deferred No Guarantee - Interest rate = 0%

Réunion region (02.07.2020)With the objective of strengthening the cash flow of SMEs affected by the crisis, in the amount of € 30K to € 300K, this aid takes the form of a zero-interest loan and is open to SMEs potentially created for more than a year (with at least 1 balance sheet) This fund allows SMEs to have facilities and the possibility of seeing coming with:  2 years deferred repayment, 0% interest rate, and  No administration fees.

Réunion region (13.04.2020) To support small Reunion Island companies in the implementation of teleworking and encourage their digital transition, the Region has decided to strengthen its “Digital Check” so that it responds more effectively to current needs. Thus, the procedures are simplified and the subsidy rate goes from 50% to 80% (the subsidy ceiling going from € 2,000 to € 3,200). Projects can now include consulting and data security services to support companies in the implementation of teleworking. 

Réunion region (13.04.2020) Regional solidarity fund, the amount of which varies from 1000 to 2500 €, benefits Reunion VSEs, micro-entrepreneurs and independent professions included. It is open to companies with less than 10 employees whose turnover is less than € 500,000 and which, during the confinement period , have been forced to close or have suffered a loss of turnover of up to minus 20%.

State services in Reunion Island (23.07.2020) In the current context of emerging from the crisis and resumption of activity, the Petrel plan (Priorities and gathering for local employment in Reunion Island) has been revised and updated in order to best respond to the integration difficulties of the most vulnerable groups. distant from employment and to the recruitment needs of companies.