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Supporting SMEs in the Covid-19 Pandemic: Good-Practice Example from the State of Berlin, Germany

There have been many financial support initiatives introduced both at the European, national and local levels. One local good-practice example is the Emergency Aid Package of the State of Berlin




The Covid-19 is a global crisis not only on public health but also on economies. Many companies, particularly micro, small and medium-sized enterprises (SMEs), and freelancers are severely affected by the current pandemic.


There have been many financial support initiatives introduced both at the European, national and local levels. One local good-practice example is the Emergency Aid Package of the State of Berlin, where “freelancers and micro enterprises with up to five employees (full-time equivalents) can apply for 5,000 euros” to compensate entrepreneurs / company income.


The city of Berlin has a strong international start-up community and has been attracting entrepreneurs and innovators from around the world in the recent years. The Covid-19 crisis has proved once more the need for strong infrastructures, provided by the state, in thriving of entrepreneurship; and the importance of entrepreneurship in development of fast and novel solutions to the crisis.


Learn more about the other financial support initiatives of the State of Berlin, as well as Germany, available in English: [1] [2]


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