This new change in the funding method for micro and small tourism companies defines that the new amount will be supported by the balance of the Portuguese Tourism Board.
The Portuguese Tourism Authority will now provide more support to the sector for small companies that do not terminate their employment contracts and micro companies with clean and safety seals and frequency of training.
This new change in the support line-created in March last year-funds for micro and small tourism companies, released this Friday in Diario-República, added a new figure to specify that the new amount will be “used” in Portugal Tourist Office, “Reimbursement from European Fund Recipients”.
The support system stipulates that for each company, 20% of the support can be converted to non-refundable, but the premise is that on September 30, 2021, compared with February 29, 2020, for micro companies, or by 2020 On November 30, 2010, for a small company, the company has not terminated the employment contract in accordance with the terms of collective dismissal, dismissal due to work elimination, or dismissal due to improper dismissal, nor has it initiated corresponding procedures.
In March of this year, the system was changed, and the performance bonus of each company was increased by 250 euros. If this shows that it has obtained the “Clean and Safety Agency” seal and participates on the date of its attribution verification, at least the Portuguese Tourism Authority (Turismo de Portugal) a training action on the implementation of the above seal in 2021.
“It is now important to adjust the discipline of the financial support hotline for micro and small tourism companies, by relying on the management balance of tourism management companies to ensure that financing is converted into a budget framework based on a performance premium for free support. Portugal published today The diploma reads “part of the repayment of the beneficiary of a European structured fund”.
Also in March, the support system was changed to increase the amount of 20 million euros, 120 million euros have now been allocated, and the company’s repayments have been suspended and postponed until June 30, 2022.
Prior to this, the support costs must be repaid within three years from the date of the contract, “including a grace period equivalent to 12 months”, and the administration has reason to postpone the implementation on the grounds that the company is still unable to repay the duties due to covid-19 State loans.
According to the company, in March, this support hotline managed by the Portuguese Tourism Authority accounted for “10,368 applications and 92.8 million euros in approved funding”, and micro and small companies in this field were able to receive “750 euros in funding.” For each job/month, for a period of three months, a maximum of 20,000 euros for micro-enterprises and a maximum of 30,000 euros for small businesses. “In both cases, 20% of the number will be converted to lost background.
This support line comes from a partnership between the Portuguese Tourism Board and 12 credit institutions: Abanca, Bankinter, BPI, BPG, CCAM, CGD, Eurobic, Millennium BCP, Montepio, Novo Banco, Novo Banco dos Açores and Santander.