The state will provide an assistance of up to 60% of uncovered costs or 40% for entities with state’s, regional or local authority’s equity stake. Limit of the support per applicant is 20 million crowns (ca 776,500 EUR). Uncovered costs are understood as loss for the period of March to October 2020 reduced by other subsidies from programs such as COVID – Rent, COVID – Culture and the Antivirus Program.
The program will be open for applications as soon as it receives the European Commission’s notification. The Ministry of Industry and Trade assumes that it will publish a call with detailed information in February, and the program will be open for applications for at least one month. Based on the Ministry’s estimates, approximately 400 business entities will apply for help.