{"id":7478,"date":"2022-11-11T14:20:19","date_gmt":"2022-11-11T14:20:19","guid":{"rendered":"https:\/\/dev-espa.summerize.io\/fifth-amendment-of-the-action-restarting-tourism\/"},"modified":"2023-08-01T14:58:15","modified_gmt":"2023-08-01T14:58:15","slug":"fifth-amendment-of-the-action-restarting-tourism","status":"publish","type":"post","link":"https:\/\/espa.io\/en\/fifth-amendment-of-the-action-restarting-tourism\/","title":{"rendered":"Fifth amendment to the Action: relaunching tourism"},"content":{"rendered":"\n
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The fifth (5th) amendment of the Decision approving funding applications within the framework of the Action: subsidy of working capital for those affected by the Pandemic of Tourism Hospitality Enterprises – Restarting Tourism<\/strong> of the ERANEK, regarding the additional inclusion of five hundred and sixty-three (563) funding applications, with a total public expenditure of 30.234.022,72 euros, has been published.<\/p>\n\n

particularly:<\/p>\n\n

i) The five hundred and fourteen (514) applications concern small and medium-sized enterprises. The public expenditure amounts to EUR 14,945,379.87. <\/strong><\/p>\n\n

ii) The twenty-eight (28) applications concern small and medium-sized enterprises with funding of more than 200.000,00 euros, per enterprise. The public expenditure amounts to EUR 9,494,540.99.<\/strong><\/p>\n\n

iii) Twenty-one (21) applications are for Large Enterprises<\/a>. The public expenditure amounts to EUR 5,794,101.86.<\/strong><\/p>\n\n

With the amendment, the total projects included in the Action amount to five thousand five hundred and fifty-four (5,554)<\/strong>. The total public expenditure amounts to 226.788.393,73 euros.<\/strong><\/p>\n\n

Target<\/strong><\/h2>\n\n

The Action, Restarting Tourism<\/strong>, aims to supporting the operation of businesses in the tourism sector<\/a> after the restart of their operations and in view of the official start of tourism activity for 2021 under the COVID-19 pandemic regime<\/strong>. The support for businesses will be provided by by providing them with sufficient liquidity to restart their economic activity<\/strong>, through non-refundable aid for part of the working capital.<\/strong><\/p>\n\n

Budget of the Tourism Restart Action<\/strong><\/h2>\n\n

350 million euros<\/strong> for all regions of the country. This amount shall be divided into 300 million euros<\/strong> for Small and Medium Enterprises<\/strong> and 50 million euros<\/strong> for Large Enterprises.<\/strong><\/p>\n\n

This amount may be increased<\/strong> to cover all positively assessed applications for funding.<\/p>\n\n

The Action is funded as part of the Union’s response to the COVID-19 pandemic.<\/strong><\/p>\n\n

Beneficiaries of the Action<\/strong><\/h2>\n\n

Tourism businesses regardless of their legal form and in particular hospitality businesses of all kinds, tourist agencies<\/a>, as well as tourist bus companies<\/strong>, whose Nace Codes are included in the Detailed Invitation.<\/p>\n\n

Subsidy<\/strong> for the Restart of Tourism<\/strong><\/h2>\n\n

Up to 400,000 euros<\/strong> per business with a distinct VAT number. Each enterprise will be awarded a total grant in the form of working capita<\/strong>l, which may amount to a maximum of 5% for enterprises with an eligible nace code in category 55<\/strong>. The percentage is set at 2.5% for companies with another eligible SMR of the annual Turnover of the year 2019.<\/p>\n\n

For companies that have started operations in 2019 or 2020,<\/strong> 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).<\/strong><\/p>\n\n

In businesses that in the year 2019 were in the construction stage and demonstrably had no income<\/strong> from business activity of any kind, 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.<\/strong><\/p>\n\n

Basic Conditions for Participation<\/strong><\/h2>\n\n

Businesses should, inter alia, meet the following conditions:<\/p>\n\n