POLITICS & INSTITUTIONS - ECONOMY

Aid for entrepreneurs: English video explainer



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A screenshot from the animated video details who is eligible for emergency loans as part of the government’s covid-19 stimulus package. 

The House of Entrepreneurship, which is a project run by the Chamber of Commerce, together with the ministry of the economy and the ministry for small and medium-sized enterprises has published a video in English, and 4 other languages, explaining the aid available to support entrepreneurs established in Luxembourg who are currently facing temporary financial difficulties. Specifically, it lists the conditions for obtaining an emergency loan of up to €500,000.

The move follows the vote in parliament that unanimously approved the first €300m tranche of the government’s government’s €8.8bn covid-19 stimulus package.

Watch the video here:

HoE - Ministerial supportive measures - COVID-19 - Overview and practical information from Luxembourg Chamber of Commerce on Vimeo.