Aid increaseEndedPublic aidNational

Solidarity fund: aid raised to up to €10,000 per month for closed or hardest-hit businesses (autumn 2020)

The decree of 2 November 2020 opens the solidarity fund for October and November 2020 to businesses with at most 50 employees. Businesses banned from receiving the public and those in the hardest-hit sectors can receive compensation for lost turnover capped at €10,000 per month; for closures between 25 September and 31 October 2020 the cap is €333 per day of closure. Other eligible businesses remain capped at €1,500.

Measure originators

InitiatorGVT
Bruno Le Maire
Gouvernement
Amount
10,000 €/month
Impact on public finances

No official estimate found for this measure.

Effective date
4 November 2020

Measure impact

Businesses with up to 50 employees that were closed or belong to listed sectors (tourism, hospitality, catering, culture, sport, events and related sectors) could receive up to €10,000 per month for October and November 2020.

Official references

Law number: Décret n° 2020-1328 du 2 novembre 2020
Official Journal: JORF n° 0267 du 3 novembre 2020 (texte n° 3)

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%
2 / 2 steps
Completed
4 November 2020

Entry into force

Application

Immédiate ou à la date prévue

Entrée en vigueur le lendemain de la publication ; aides au titre d'octobre et de novembre 2020.
Completed
3 November 2020

Publication in Official Journal

Publication
Publication du décret n° 2020-1328 du 2 novembre 2020 (JORF n° 0267, texte n° 3).