Liquidity grants for Small Businesses
What kind of support did RRDA offer to support entrepreneurs from Podkarpackie Voivodeship?
Polish Partner - RRDA - run a few actions to limit the negative influence of the Covid pandemic on the economy of Podkarpackie Voivodeship. One of these actions was liquidity grants which were addressed to small businesses from this area.
Grants could be awarded to entrepreneurs for projects supporting the maintenance of economic activity who, as a result of the COVID-19 pandemic, were in a difficult situation on the day of granting the aid (within the meaning of Article 2 (18) of the EC Regulation No 651/2014) or in a situation of a sudden shortage ie they recorded a turnover decrease of not less than 50%. This decrease may only be shown from the next month after February 1, 2020. i.e. from March 2020. compared to the previous calendar month or the corresponding calendar month of the previous year. Only full billing months of the conducted activity were taken into account. The months in which the entrepreneur had suspended activity were not taken into account when calculating the decrease in turnover.
Watch the recording of the Polish Partner's presentation to get more details.
Click HERE to get the presentation and recording