Corona update

Revenue replacement for indirectly affected industries and news for arts & culture

Revenue replacement for indirectly affected sectors

Numerous creative industries companies are active as suppliers and are among the sectors indirectly affected by Corona due to the closure of culture, trade, tourism or gastronomy. The revenue compensation demanded by the WKÖ for these indirectly affected companies is to be available for application from the end of January 2021. This is an important signal of fairness and equal treatment to the many thousands of suppliers.

Outside the period with turnover replacement, all companies with a sharp drop in turnover can apply for replacement of their fixed costs for the period from mid-September 2020 to June 2021. However, after months of crisis, many companies are reaching the limits of the current EU funding framework of 800,000 euros for both the fixed cost subsidy 800,000 and the turnover replacement. The Economic Chamber therefore advocates an increase of this framework by the EU Commission.

Art & Culture

From 18 January, cultural life can resume on a limited scale. The audience at events will be limited to 50 percent of the maximum capacity and to a maximum of 500 people indoors and 750 people outdoors from that time on. Between 8 p.m. and 6 a.m., the already known exit restrictions will be maintained for the entire society.

In the course of the federal government's new testing strategy, negative test results will be necessary as a condition of entry in many areas - including culture. Participation in culture will thus become an incentive for responsible action.

Support measures launched in the course of this year will be extended for the first quarter of 2021 - from the NPO Fund to SVS bridging funding and the KSVF Covid 19 Fund. In the Arts Promotion Act, the possibility for occasion-related special funding in the total amount of 10 million euros will be created.