Enterprises that suffer from turnover losses of at least 40%
between 16 March 2020 and the end of the COVID-19 measures or 15
September 2020 at the latest, may apply for a fixed-cost grant from
the Corona Assistance Fund. Depending on their actual losses, up to
75% of their fixed costs will be reimbursed:
- loss of 40-60%: 25% reimbursed
- loss of 60-80%: 50% reimbursed
- loss of 80-100%: 75% reimbursed
Originally, the Federal Government had planned to accept
applications for the grant only after the annual accounts for the
current business year have been furnished. As this would be too
late for many enterprises, the grant will be paid out in three
instalments, with applications for the first instalment accepted as
of now and payout to be handled quickly.
