30 March 2020 – Provided promotional loans and liquidity support for founders and small and medium-sized enterprises

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: In Germany, in response to the dynamic spread of the coronavirus and the associated economic consequences, founders and small and medium-sized enterprises (SMEs) are supported on state level. The different state banks are providing various measures on a regional level to support established companies with liquidity bottlenecks caused by the effects of the Corona pandemic. Depending on the different state banks, promotional loans and liquidity support are for founders are being granted for 3 up to 7 years since founding.
Full details here: https://www.bmwi.de/Redaktion/DE/Dossier/coronavirus.html