SME aids Madrid coronavirus

The Community of Madrid has opened the term to request its new direct aid to SMEs in the region affected by the coronavirus crisis, which range between 2,500 and 12,500 euros and they have a budget of 30 million euros.

The deadline for submitting applications, indicates the Community in a note, will last until November 30, and will be processed through the websiteb SME aids affected by COVID-19.

These are the aid for SMEs in Madrid :

For payroll and rent payments

In a video posted on his Twitter account, the Minister of Economy, Employment and Competitiveness, Manuel Giménez , recalls that aid for SMEs in Madrid may be used to pay payroll and social security already paid, to pay for products and services related to protection against Covid-19 and to pay for the rent of the premises.

The amount of the aid will vary depending on the number of employees of the company: 2,500 euros for those with between one and three, 5,000 euros for those with between four and nine, and 10,000 euros for those with that have more than ten.

Who can apply for aid for SMEs?

These amounts will increase by 25% e in the case of SMEs that carry out industrial or commercial activities, so that the maximum will amount to 12,500 euros .

The aid may be requested by any SME with workers with an indefinite contract that has had to close its doors during the state of alarm or has seen its turnover reduced by at least 25% during the second quarter of 2020 compared to the previous or to the same period of 2019.

SME aids applicationMadrid.