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Factsheet for measure LU-2020-17/989 – measures in Luxembourg
| Country | Luxembourg , applies nationwide |
| Time period | Temporary, 24 April 2020 – 25 June 2020 |
| Context | COVID-19 |
| Type | Legislations or other statutory regulations |
| Category |
Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation |
| Author | Patrick Thill (LISER) and Eurofound |
| Measure added | 13 July 2020 (updated 21 July 2021) |
The grant was created by the General Directorate for Small and Medium-Sized Enterprises within the Ministry of the Economy to help companies during the COVID-19 crisis. It is based on the following legal background:
The following are the main conditions to benefit from a grant:
Companies:
Other conditions are:
Until 19 October 2020, 7,301 eligible applications were processed for an emergency allowance of €5,000 granted to micro-enterprises.
The government published new data on the use of this measure on 20 May 2021. Until then, 7,349 micro-enterprises received €36,745,000 of allowances.
| Workers | Businesses | Citizens |
|---|---|---|
| Does not apply to workers |
One person or microenterprises
|
Does not apply to citizens |
| Actors | Funding |
|---|---|
|
National government
|
National funds
|
Social partners' role in designing the measure and form of involvement:
| Trade unions | Employers' organisations | |
|---|---|---|
| Role | No involvement | No involvement |
| Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
Not available.
Not available.
Citation
Eurofound (2020), Aid of €5,000 for micro-companies, measure LU-2020-17/989 (measures in Luxembourg), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/LU-2020-17_989.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.