Luxembourg companies eligible for new business aid can now submit their applications on Guichet.lu.

The stimulus aid is intended for businesses in the tourism, hotel and catering, events, culture, entertainment, in-store retailing sectors, including personal care, and managers continuing vocational training organisations. It takes the form of monthly capital grants and lasts for a period of four months from December 2020 to March 2021. 

The assistance is linked to the condition that the company has suffered a loss of monthly turnover of at least 25% and is calculated on the basis of the number of employees and self-employed workers in the company. The amount of the subsidy is €1,250 per self-employed worker and per employee in activity and €250 per employee in full partial unemployment during the month for which the aid is requested.

Support for uncovered costs is aimed at the tourism, hotel and catering, events, culture and entertainment sectors and managers of continuing vocational training organisations. It will be allocated in the form of monthly capital grants calculated on the basis of uncovered costs to companies which, during all or part of the period between 1 November 2020 and 30 March 2021, will have suffered a loss of monthly turnover of at least 40% compared to the corresponding month of the year 2019. The amount of aid may not exceed €20,000 per month for a microenterprise, €100,000 per month for a small business and €200,000 per month for a medium or large company.

Companies which meet both the eligibility criteria for the recovery aid and the contribution to uncovered costs will have to opt for the instrument which is most suited to their situation.

Application forms are now available on guichet.public.lu/fr/entreprises/financement-aides/coronavirus/demande-aide-couts-non-couvert.html and guichet.public.lu/fr/entreprises/financement-aides/coronavirus/aide-relance.html respectively. The request is made using an online assistant available via the professional area of ​​MyGuichet.lu via a LuxTrust product or an electronic ID car.