in addition to the billion programme of assistance from the Federal government provided the Länder in Eastern Germany additional money for the local economy. However, the differ significantly
120 million Euro provides of the free state, yet for corona aggrieved entrepreneurs. However, only for freelancers, self-employed and small business owners with up to 5 employees and max. one Million euros in annual sales.
The grants are only borrowed, so interest-free loans of 5000 to a maximum of 50 000 euros, in exceptional cases up to EUR 100 000 per enterprise. Repaid the money needs to be in ten years, the first three years of repayments of principal.
The applications should be processed in 48 hours. In practice, this takes much longer, because it is a loan, so loan application. In the first three days, more than 5000 applications were received.