In June, the subsidy Reimbursement Fixed Costs (TVL) will open. TVL reimburses fixed costs for small to medium enterprises (SMEs) with 250 employees or less. SMEs that have lost more than 30% of their turnover as a result of COVID-19 can apply for TVL. We expect that 200,000 SMEs will apply for TVL.
Percentage instead of a fixed amount
TVL takes into account how much turnover has been lost. The subsidy amount will be based on the total loss of turnover and the fixed costs that a company finances with its turnover. The bigger the loss, the higher the reimbursement. The maximum amount of TVL subsidy a business can get is 50,000 euros net per 4 months.
At this moment, we are preparing the subsidy and the possibility for you to apply for TVL. More information will follow soon.