Help for the self-employed and small businesses in Fuerteventura

2020/07/05 16:58:20 Written by Canarian Weekly Fuerteventura

The Fuerteventura Cabildo will grant aid to the self-employed and SMEs (Small and Medium-sized Enterprises), to face the socioeconomic situation caused by the covid-19 crisis, thanks to a call for subsidies that has an estimated budget of six million euros.

The Minister of Finance and Economic Promotion of the Cabildo of Fuerteventura, Manuel Hernández, has said that "the purpose is to compensate the productive fabric of the Island to ensure that a revival of economic activity occurs as soon as possible."

For this, two lines of help have been created, one aimed at self-employed workers and the other towards SMEs on the Island, as compensation for the suspension of their business activity and the decrease in income derived from the declaration of the state of alarm.

For self-employed workers, a fixed aid of 1,500 euros will be granted per applicant, an amount that can be supplemented with an additional 600 euros for each employee who was in 'alta' as of March 13th 2020, up to a maximum of 4,500 euros.

In the case of SMEs, 600 euros will also be awarded for each worker who was in 'alta' of the applying company as of March 13th 2020, and in this line the beneficiary company may obtain a grant of up to a maximum of 15,000 euros (25 active employees).

The order will be published shortly in the Official Gazette of the Province of Las Palmas, at which time a deadline for submission of applications of fifteen business days will open.