On 12 June 2020, the German government adopted the key points for the “bridging aid for small and medium-sized enterprises which have to cease their business operations completely or to a significant extent in the course of the Corona crisis”.
The bridging assistance is a cross-sectoral grant programme with a duration of three months (June to August 2020) and a maximum programme volume of 25 billion euros.
The aim of the programme is to secure the economic existence of small and medium-sized enterprises which suffer considerable loss of turnover due to complete or partial closures or conditions imposed by Corona.
For example, some sectors can apply for new/ further bridging aid if they meet certain conditions, such as a drop in turnover. These requirements must be confirmed by a tax consultant or auditor.
All information concerning eligible applicants, eligible costs, type of support and calculation of the amount of support, maximum support, duration, supporting documents, aid scheme, cumulation and relationship with other programmes, etc.
Bridging aid Corona of the Ministry of Economic Affairs of Bavaria regarding eligible applicants, eligible costs, type of aid and calculation of the amount of aid, maximum aid, 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.
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