Support for entrepreneurs from the funds of the Masovian Voivodeship
We provide information about further support from funds of the Mazovian Voivodeship for entrepreneurs whose situation has worsened due to the COVID 19 pandemic.
Detailed information about recruitment is available at side.
Priority Axis III: Development of innovation potential and entrepreneurship
Activity 3.3: Innovation in SMEs
Type of projects: Financing the expenses of SMEs whose situation has worsened due to the COVID-19 pandemic, related to maintaining the company's current operations and ensuring its financial liquidity
Application deadline – 14-21.10.2020 until 15:00
The purpose of the recruitment is help for entrepreneurs, who, due to disruptions in the functioning of the economy due to the pandemic COVID-19, they found themselves in difficult economic situation. The support will be used to finance working capital in order to meet the urgent liquidity needs of micro and small enterprises and overcome financial difficulties that have arisen as a result of the COVID-19 pandemic. The support will be provided in the form of a subsidy. The subsidy will be non-repayable in the event of maintaining employment and the enterprise's operations for a period of at least 3 calendar months, counting from the month following the month in which the recruitment ended.
We would also like to remind you that in response to the difficult situation of enterprises in the Mazovian Voivodeship caused by the ongoing pandemic, Managing Authority of the Regional Operational Programme of the Mazowieckie Voivodeship for 2014-2020 (RPO WM 2014-2020), based on the Communication from the Commission – Temporary Framework for State aid measures to support the economy in the context of the ongoing COVID-19 outbreak, has prepared solutions within the existing financial instruments enabling support for SMEs in financing not only investment activities but also working capital financing in the form of loans provided on very preferential terms.
These instruments are constructed based on the Regulation of the Minister of Funds and Regional Policy of 14 April 2020 on granting assistance from financial instruments under operational programmes for 2014–2020 in order to support the Polish economy in connection with the COVID-19 pandemic.
As part of the Jeremie2 project, the so-called Mazovia Liquidity Loan, under which every micro, small and medium-sized enterprise (of all possible industries) that has experienced a negative impact of the COVID-19 epidemic on their business activities in the Mazovian Voivodeship can apply for financing of up to PLN 500,000. Loan grace period – up to 12 months, repayment period up to 5 years. The funds from the loan received can be spent on:
– employee salaries (including contributions due to ZUS and US) and costs of staff working on the company’s premises, but formally on the subcontractors’ payroll,
– public law liabilities of SMEs,
– repayment of trade liabilities, coverage of infrastructure use costs, etc.,
– stock-up, semi-finished products, etc.,
– expenses necessary to ensure the continuity of SME operations, which had to be incurred after 31 January 2020,
– current instalments of credits, loans or leasing, provided that the credit, loan or leasing granted does not come from EFSI resources, other European Union funds, programmes, resources and instruments or other sources of domestic or foreign aid.
All information about this product is available at website Bank Gospodarstwa Krajowego. BGK does not grant loans directly, this is done by Financial Intermediaries cooperating with BGK. Each micro, small or medium-sized entrepreneur should contact the Financial Intermediaries in order to obtain the above-mentioned assistance, who are also indicated on the above-mentioned BGK website. Additional information on support for combating the effects of the Covid-19 pandemic from the funds of the RPO WM 2014-2020 can be found at page.
The first applications for the Masovian Liquidity Loan were accepted on 29 July this year.
All detailed information is available at FDPA website
Photo: Website of the Regional Program of the Mazowieckie Voivodeship