In its emergency meeting on 14 October, the Government passed several subsidy programmes to support businesses and entrepreneurs in economic sectors which have been the most affected by the COVID-19 pandemic. This, in fact, represents an extension of the existing programmes or new programmes under preparation, such as COVID – Culture, COVID – Rental, COVID – Bus or COVID – Sport II. Businesses and entrepreneurs will be provided with CZK 3.45 billion in total from these programmes. COVID – Rental

The Government approved the preparation of a second call in the COVID – Rental programme intended for businesses and entrepreneurs who had to shut down or significantly reduce their business activities in the second wave of the COVID-19 pandemic in relation to the measures adopted by the Government. The businesses may be provided with a rental contribution up to 50 % of the total rental for the 3rd quarter of 2020. This time, as a discount from the lessor is no longer needed, the application submission has become much easier. Businesses and entrepreneurs will be supported by CZK 1.2 billion in total.

Who can request the subsidy:

• Particularly catering service establishments, music or dance clubs, cinemas, congresses and other educational events, exhibitions and fairs, indoor sports venues, gyms and fitness centres, indoor swimming pools, wellness facilities, saunas, zoological gardens, commercially operated museums and galleries and more.

Subsidy amount:

• Up to CZK 10 million.

Aid intensity:

• Contribution amounting to 50% of the rental.

Receipt of applications:

• From October 21, 2020 9:00 AM to January 21, 2021 11:59 PM

Antonín Weber  antoweber@deloittece.com

Lucie Tížková ltizkova@deloittece.com