The application period for the bridging aid Corona will be extended according to the meeting of the coalition committee on 25.08.2020. The decision provides that the duration of the bridging aid program for small and medium-sized enterprises will not end until 31.12.2020.
Applications for the Corona bridging assistance program have been possible since July 2020 at the Bavarian Ministry of Economic Affairs. The application period for phase 1 ends on 30.9.2020. For phase 2, which comprises the funding months September to December 2020, it is expected that applications can be submitted from October onwards.
We advise you to apply for and use this non-repayable bridging allowance.
- Who can get the grant?
- Which costs are subsidised?
- Which documents are required?
The Corona bridging subsidy can only be applied for through tax consultants and auditors. We are happy to support you.
Bridging aid Corona (Überbrückungshilfe Corona)
Please contact your tax consultant as soon as possible. He will assist you in compiling all the necessary figures for the application.
The eligibility to apply for “Bridging assistance Corona” applies if you can prove a loss of turnover of at least 60 percent for the months of April and May. Subsidies for fixed costs are granted for the months June, July and August. There must be a sales loss of at least 40 percent.
The key points of the Corona bridging allowance and all other details can be found at the Federal Ministry of Finance (Bundesministerium der Finanzen).
The aim of the programme is to secure the economic existence of small and medium-sized companies that suffer considerable losses in sales due to complete or partial closures or conditions imposed by Corona.
All information regarding eligible applicants, eligible costs, type of funding and calculation of the amount of funding, maximum funding, duration, evidence, aid scheme, cumulation and relationship to other programmes, etc.
Further information on the questions:
- When can applications be submitted?
- Who is entitled to apply?
- Where can applications be submitted?
- What sales losses must one have suffered in order to be eligible to apply?
- What costs are covered?
- How is the bridging allowance calculated?
- What is the maximum amount of the bridging allowance?
- Where can I find up-to-date information?
as well as:
Bridging aid Corona of the Ministry of Economic Affairs of Bavaria (Überbrückungshilfe Corona des Wirtschaftsministeriums Bayern) regarding eligible applicants, eligible costs, type of support and calculation of the amount of support, maximum support, duration, supporting documents, aid scheme, cumulation and relation to other programmes, etc.
Crisis situations require quick help & support
Further helpful information can be found at the ACCONSIS Corona Task Force Service.
‚ACCONSIS Corona Task Force‘ by e-mail
If you would like to be regularly informed about the latest news of the ‘ACCONSIS Corona Task Force’ by e-mail, please let us know and sign up for our special “Corona” newsletter: