Although the consequences of the coronavirus crisis are gradually easing, some sectors remain affected. For this reason, Bridging Aid III Plus and Restart Aid Plus can now also be applied for covering the period from October to December 2021.
Bridging Aid III Plus
Compared to Bridging Aid III Plus for the third quarter of 2021, there are virtually no changes in substance. Only the restart premium for reopening businesses has, according to the German federal government, served its purpose and is therefore being discontinued. Companies, business associations, self-employed individuals, etc. with annual revenue below 750 million euros in 2020 and a revenue decline of 30% compared to the reference months in 2019 remain eligible to apply. Additionally eligible in the fourth quarter of 2021 are companies affected by the flood disaster in July of this year.
Application for Bridging Aid III Plus
Companies that have already applied for Bridging Aid III Plus during the period from July to September 2021 can apply for additional grants for the fourth quarter of 2021 by means of an amendment application for the sake of simplicity.
Companies that have not yet submitted an application for Bridging Aid III Plus can now file an initial application and receive government grants for the full funding period (July to December 2021).
Restart Aid Plus
Restart Aid Plus for solo self-employed individuals, cooperatives, etc. has likewise been extended for the fourth quarter of 2021. The maximum reimbursement claim of €4,500 is retained and continues to amount to 50% of revenue compared to the reference period. The application procedure is identical to that for Bridging Aid III Plus. It should also be noted that Restart Aid Plus cannot be applied for in addition to Bridging Aid III Plus.
Frequently asked questions
Frequently asked questions
For which period can Bridging Aid III Plus and Restart Aid Plus be applied for in addition?
Bridging Aid III Plus (Überbrückungshilfen III Plus) and Restart Aid Plus (Neustarthilfen Plus) have been extended to cover the period from October to December 2021. The total funding period therefore spans the months from July to December 2021. Applications can be submitted as an initial application or as an amendment application.
Who is eligible to apply for Überbrückungshilfe III Plus in Q4 2021?
Eligible applicants include companies, business associations, self-employed individuals, and comparable applicants with annual revenue below 750 million euros in 2020 and a revenue decline of at least 30% compared to the reference months in 2019. Companies affected by the flood disaster of July 2021 are also eligible to apply.
What changes apply to Überbrückungshilfe III Plus in Q4 2021?
In terms of content, there are almost no changes compared to Q3 2021. However, the restart bonus for reopening businesses is discontinued, as the federal government considers it to have served its purpose.
How is the application for Q4 2021 submitted?
Companies that have already applied for Überbrückungshilfe III Plus for July to September 2021 can submit an amendment application for Q4. Companies without a prior application can file an initial application and will receive subsidies for the full funding period from July to December 2021.
What are the terms of the Neustarthilfe Plus, and can it be combined with the Überbrückungshilfe III Plus?
The Neustarthilfe Plus is aimed at solo self-employed individuals, cooperatives, and comparable applicants. The maximum reimbursement is €4,500 and corresponds to 50% of revenue compared with the reference period. Neustarthilfe Plus and Überbrückungshilfe III Plus cannot be applied for in parallel.