COVID-19 ECONOMIC MEASURES FOR ENTERPRISES

COVID-19 ECONOMIC MEASURES FOR ENTERPRISES

Speed up your business with these expert tips on "Covid-19 economic measures for businesses". Analyse and discover this TIP!

If you are affected by Covid and you are a company, self-employed or entrepreneur, we provide you with access to all the economic measures, grants, subsidies, guarantees and loans that have been approved by Europe, Spain and at regional level. #notethatyouhavenohelp.

Every day we update all the information with the latest news so that you don't miss anything interesting. Also, keep an eye out for our free webinars (see planning) we are organising to help you get funding for your business.

Measures approved for all companies in Spain:

  • Loans ICO COVID guarantees.
  • MGS guarantees (CERSA).
  • ENISAThe repayment period of the loans granted has been relaxed.
  • CDTI:
    • Regional Economic Incentives. We are waiting for the governing council for flexibility in terms of deadlines and compliance with conditions (employment, own resources).
    • Bank of Spain: relaxes risk write-downs for financial institutions
    • DEBT FUNDS: accelerating corporate liquidity lending
    • Private investors (Business Angels, Venture Capital): they are interested in startups that provide innovative solutions to the problems caused by COVID

Measures at European level:

It will mobilise up to 550 billion euros in loans to support states, businesses and workers in the face of the pandemic.

  • A line of credit from the European Stability Mechanism (ESM), with 240 billion euros in loans;
  • A fund of the European Investment Bank with up to 200 billion in loans for businesses and
  • A temporary unemployment fund with 100 billion for employment aid.
  • Coronabonds or Eurobonds have to wait.

Global action

  • Google approves 800 million in grants to companies, UNWTO, NGOs...

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Picture of Jaime Cavero

Jaime Cavero

Presidente de la Aceleradora mentorDay. Inversor en startups e impulsor de nuevas empresas a través de Dyrecto, DreaperB1 y mentorDay.
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  1. ECOMMERCE IN MARKETPLACES - Mentor Day WikiTips

    [...] In the first phase, companies have denied ecommerce, they have said three times (and many more...) that selling online was not their style, that maybe it made sense for travel but not for their sector (clothes, shoes,... everyone has been dismantling the myth) until they realised that it did, and even more so in the current situation of confinement. [...]

  2. How to get funding from the Public Administration? - Mentor Day WikiTips

    [...] The companies and entrepreneurs affected by COVID have special public aid measures that you can consult at this link  http://15.188.33.98/wikitips/ayudas-a-empresas-por-covid19/ […]

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