Current subsidies

Economic aid package existential against economic impact of pandemic

The hardship fund will be extended until March 2022 specifically to support EPUs and micro-enterprises. The extension of the organiser protection umbrella offers prospects for the event industry, which is particularly affected.

The self-employed will again receive a comprehensive support package. The economic aid will apply to enterprises of all sizes and sectors. The default bonus, loss compensation and the hardship fund will be extended. The extension of the default bonus and the loss compensation was fixed until March 2022 with an entry criterion of a 40% drop in turnover. It is positive that the extension of the EU state aid framework means that higher ceilings are available for the default bonus and loss compensation and that the federal government will also make use of these at national level. The hardship fund will be extended until March 2022 specifically to support EPUs and micro-enterprises. The extension of the organiser protection umbrella offers prospects for the event industry, which is particularly affected. In terms of maintaining liquidity, the extension of the tax deferrals and the guarantees until June 2022 are positive.

A continuously updated overview of support measures for business is provided by the Infopoint of the WKÖ.