Factsheet for case FI-2020-21/1653 – measures in Finland
|Country||Finland , applies nationwide|
|Time period||Temporary, 18 May 2020 – 30 June 2021|
|Type||Other initiatives or policies|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Amanda Kinnunen (Oxford Research) and Eurofound|
|Case created||05 January 2021 (updated 13 January 2021)|
As a result of the COVID-19 pandemic and the market disruptions caused by it, the financial situation of many enterprises in primary production has deteriorated. For instance, specialised farms, reindeer farms and horticultural farms are seeing significantly decreased sales as a result of the COVID-19 crisis.
In order to support these enterprises, a temporary subsidy for primary production was created. The legal basis for this subsidy is the Government Decree 370/2020 on temporary support for enterprises in primary agricultural production (Valtioneuvoston asetus maatalouden alkutuotannon yritysten väliaikaisesta tuesta 370/2020).
This grant is available for companies operating in the primary production sector. Companies that have been directly negatively affected by the COVID-19 crisis can apply for this grant.
The grant covers up to 80% of the essential expenses such as wage costs and rent. The grant covers up to six months of necessary expenses and it can be applied retroactively from March 2020. The amount is between €2,000 and €80,000.
The grant is administrated by the Centre for Economic Development, Transport and the Environment. No information available regarding the total budget.
There are separate grant schemes for fisheries and rural enterprises.
As of 23 August 2020, in total 483 enterprises had been given this grant. The total amount of granted was approximately €4,5 million.
|Does not apply to workers||
Sector specific set of companies
||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
No information available.
No information available.
|Economic area||Sector (NACE level 2)|
|A - Agriculture, Forestry And Fishing||A1 Crop and animal production, hunting and related service activities|
This case is not occupation-specific.
Eurofound (2021), Direct subsidy for enterprises in primary production, case FI-2020-21/1653 (measures in Finland), 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.