Belgium (Flemish): Second subordinated loan scheme for start-ups, scale-ups and SMEs

Announcement

11 May 2020

In May 2020, the European Commission approved a Belgian aid measure consisting of a second EUR 250 million (around USD 270 million) loan scheme to support start-ups, scale-ups and SMEs affected by the COVID-19 outbreak.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 May 2020

Revocation date:

30 Jun 2022

Updated: 11 May 2020

State loan

On 11 May 2020, the EU approved a second EUR 250 million (approx. USD 270 million) Belgian loan scheme, financed by the Flemish region, to support companies in the context of the COVID-19 outbreak. Th...

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