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COVID-19 EU PolicyWatch

Database of national-level responses

Eurofound's COVID-19 EU PolicyWatch collates information on the responses of government and social partners to the crisis, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for case BE-2020-12/423 – measures in Belgium

Brussels: One-off grant for closed businesses

Brussel: eenmalige premie voor ondernemingen die moeten sluiten

Country Belgium , applies regionally

    • – BE1 RÉGION DE BRUXELLES-CAPITALE/BRUSSELS HOOFDSTEDELIJK GEWEST
Time period Temporary, 18 March 2020 – 18 May 2020
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial)
Author Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound
Case created 09 April 2020 (updated 07 May 2020)

Background information

As is the case in the Walloon and Flemish regions, the capital region of Brussels has a one off grant for companies that are forced to close temporarily due to the virus or the measures related to it, can avail off.

The financial support is meant to alleviate pressure on small companies that are facing financial hardship because they are not able to perform their regular business activity. Companies can introduce their request until the 1 June 2020.

Content of measure

A one off grant off €4,000 is available for each business unit in a company in the Brussel region (maximum of €20,000 per company).

The measure applies to all companies with less than 50 FTE (full-time Equivalent) workers in certain sectors:

Retail Accommodation Catering Projection of cinema films Travel agencies Administrative services and other business support activities Driving schools Organisation of gambling activities Sporting, recreational and leisure activities Repair of computers and personal and household goods Other personal services

In addition, other financial support measures are available such as loans at lower interest rates and guarantees provided by the government to help companies applying for a loan.

Use of measure

It is not known for the moment how many companies will make use of the grant.

Target groups

Workers Businesses Citizens
Does not apply to workers Solo-self-employed
SMEs
One person or microenterprises
Does not apply to citizens

Actors and funding

Actors Funding
Local / regional government
Regional funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Informed Informed
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: Unknown

Involvement

N/A

Views and reactions

It is to be extected that the social partners were informed of this support measure, the extent and what input they had is not known.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      I - Accommodation And Food Service Activities I55 Accommodation
      I56 Food and beverage service activities
      N - Administrative And Support Service Activities N79 Travel agency, tour operator and other reservation service and related activities
      R - Arts, Entertainment And Recreation R90 Creative, arts and entertainment activities
      R92 Gambling and betting activities
      R93 Sports activities and amusement and recreation activities
      S - Other Service Activities S96 Other personal service activities

This case is not occupation-specific.

Sources

Citation

Eurofound (2020), Brussels: One-off grant for closed businesses, case BE-2020-12/423 (measures in Belgium), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch

Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.