Government launches grants of up to 80% for microenterprises

Government launches grants of up to 80% for microenterprises

Following the Prime Minister’s announcement on May 2, 2020, the government announced a package of incentives for micro-companies(< 10 workers) to cover expenses related to personal protective equipment needed to reopen the economy.

Opening  Applications’ date
– May 11, 2020 (Notice with procedures pending)
Beneficiaries:
– Micro companies(Less than 10 employees)
– All sectors of activity, including Trade and Services, Accommodation and Catering, Industry and Transport.
– To be certified as a SME by IAPMEI;
– Have its situation regularized with the Tax and Social Security Authority;
– Submit a budget for each eligible item of support.