The fifth Decision to reject funding applications submitted under the Action has been published: Working Capital Subsidy for Hospitality Tourism Enterprises Affected by the Pandemic - Restarting Tourism of the ERANEK, concerning the rejection, as ineligible, of seven hundred and fourteen (714) applications for funding, with a total public expenditure budget of EUR 20.283.583,63, due to incomplete supporting documents and/or non-compliance with formal conditions for participation in the Action.

Applicants whose funding applications are hereby rejected may alternatively either submit new financing application until the deadline and time for submitting a new financing application or to submit an objection within an exclusive period of ten (10) calendar days from the receipt of the automated, via PSKE, message to the declared electronic mail address.

Please note that in the event of an objection, the right to submit a new application for funding under the Tourism Restart Action will cease to exist.

Beneficiaries - Restarting tourism

• Tourist businesses regardless of their legal form. particularly:
• Hosting companies of all kinds
• Travel agencies
• Tourist bus companies, whose Nace code are included in the Detailed Invitation

Subsidy for the Fifth Decision Rejecting Applications

Up to 400,000 euros per business with a distinct VAT number.

Each business will be awarded a total non-refundable grant in the form of working capital, which may amount to a maximum of 5% for businesses with an eligible Nace code in category 55 and 2.5% for businesses with another eligible Nace code of the annual Business Cycle of the year 2019.

For companies that have started operations in 2019 or 2020, the non-repayable aid may amount to a maximum of 5% or 2.5% depending on the eligible activity of the discounted turnover of the year of commencement of operations (2019 or 2020).

Businesses that in the year 2019 were in the construction stage and demonstrably did not have income from business activity of any kind, are awarded a total non-repayable grant that may amount to a percentage of 5% or 2.5% depending on the eligible activity, on the total or reduced Turnover of the year 2020.

Detailed information about the action here.