The universal component of the solidarity fund, which allows all small businesses in difficulty to obtain monthly aid of up to 1,500 euros, will finally be extended for the months of January and February, the Minister of the Economy announced on Wednesday. Bruno Le Maire.
“We have decided that the 1,500 euro solidarity fund, which was the universal solidarity fund set up on March 1, 2020, which was to be suspended from December 31, 2020, will be maintained for the month of January and the month of February. 2021 ”, declared the Minister before the Economic Affairs Committee of the National Assembly.
A “safety net” that has widened
This aid is available to small businesses with fewer than 50 employees and which have recorded a loss of activity of at least 50% as a result of the crisis. “We had anticipated that the health crisis could be behind us at the end of 2020, this is not the case, so it is legitimate to maintain this safety net, in particular for the self-employed,” explained Bruno The mayor.
In addition to this basic component, the solidarity fund has grown considerably since the start of the crisis. The compensation ceiling can now go up to 200,000 euros per month, within the limit of 20% of turnover for companies in administratively closed sectors and those who depend on it closely, regardless of their size.
In addition, the fixed costs of the largest structures can be covered at 70%, within a limit which was raised from 3 to 10 million euros after EU agreement.