COVID-19: New government support instruments – revenue compensation for indirectly affected entrepreneurs and default bonus
15.03.2021
The Austrian government recently implemented two new funding instruments, a revenue compensation for indirectly affected entrepreneurs (revenue compensation II [“Umsatzersatz II”]) and a default bonus(“Ausfallsbonus”) in order to support companies dealing with COVID-19 related problems. Both instruments are open for startups, but there are some barriers to take before benefiting from them.
von Christoph Puchner und Katharina Geweßler