Factsheet for measure
CZ-2021-10/1810
–
Updated
– measures in Czechia
COVID Travel Agency Guarantee
COVID Záruka CK
Background information
The guarantee scheme helps small and medium-sized travel agencies and travel bureaus, in particular, to meet the legal obligation to insure against insolvency.
Eligible applicants are travel bureaus and travel agencies which concession was not cancelled, suspended or interrupted until at least 12 March 2020. Eligible expenditure are those required by the insurance company to conclude the insurance contract.
Content of measure
The maximum amount of the support is up to 75% of the required travel agency or travel bureau insurance amount up to a limit of 30% of the insurance indemnity (e. g. maximum sum insured), however, a maximum of CZK 4,000,000 (€153,344). The validity of the guarantee may exceed the agreed insurance period by a maximum of 6 months.
Applications are to be sent to the state run Czech-Moravian Guarantee and Development Bank (Českomoravská záruční a rozvojová banka,
ČMZRB
. Insurance contract between insurance company and travel agency or travel bureau have to be included.
This call is opened from 1 March 2021 until 31 December 2021.
Updates
The following updates to this measure have been made after it came into effect.
|
03 January 2022
|
A new call of this programme was announced. This call is opened from 3 January 2022 until 30 June 2022. The maximum amount of the support is up to 75% of the required travel agency or travel bureau insurance amount up to a limit of 30% of the insurance indemnity (e.g. maximum sum insured), however, a maximum of CZK 8,000,000 (€320,000 approx.). The validity of the guarantee may exceed the agreed insurance period by a maximum of 6 months.
|
Use of measure
As of 23 March 2022 the National Development Bank (Národní rozvojová banka,
NRB
, the former Czech-Moravian Guarantee and Development Bank (Českomoravská záruční a rozvojová banka,
ČMZRB
, supported 133 subjects with the total amount of CZK 200,000,000 (€8,190,008).
Target groups
Actors and funding
|
Actors
|
Funding
|
National government
Company / Companies
|
National funds
|
Social partners
Social partners' role in
designing the measure
and form of involvement:
|
Trade unions
|
Employers' organisations
|
|
Role
|
Informed
|
Consulted
|
|
Form
|
Not applicable
|
Direct consultation outside a formal body
|
Social partners' role in the
implementation, monitoring and assessment phase:
-
Only employers' organisations
-
Main level of involvement: Peak or cross-sectoral level
Involvement
The guarantee scheme was discussed by the Ministry of Industry and Trade of the Czech Republic with the participation of the Ministry for Regional Development of the Czech Republic and ČMZRB, and also with the
Association of Tour Operators and Travel Agents of the Czech Republic, Asociace českých cestovních kanceláří a agentur
, the
Czech Tourism Union, Česká unie cestovního ruchu
and the
Czech Insurance Association, Česká asociace pojišťoven
.
Views and reactions
Supportive.
Sectors and occupations
-
This case is sector-specific
-
|
Economic area
|
Sector (NACE level 2)
|
|
N - Administrative And Support Service Activities
|
N79 Travel agency, tour operator and other reservation service and related activities
|
This case is not occupation-specific.
Sources
-
22 February 2021: ČMRZB: COVID Travel Agency Guarantee/ČMRZB: COVID Záruka CK
(www.cmzrb.cz)
-
23 March 2022: Bank guarantee for 133 travel agencies/Bankovní záruky pro 133 cestovních kanceláří
(www.mmr.cz)
