Up to € 4,000 for consulting costs without any company-own contribution for SMEs and members of the liberal professions in the coronavirus crisis

Federal Ministry for Economic Affairs and Energy providing assistance - Up to € 4,000 for consulting costs without any company-own contribution for SMEs and members of the liberal professions in the coronavirus crisis

With immediate effect, the Federal Ministry for Economic Affairs and Energy is funding consulting services for small and medium-sized enterprises (SMEs), including members of the liberal professions, that have been affected by the coronavirus crisis. Assistance for consulting of up to €4,000 without any company-own contribution can be provided. The improved funding conditions for the use of professional consulting services come into force today and will apply until the end of 2020.

Thomas Bareiß, the Federal Government Commissioner for Small and Medium-sized Enterprises, said: “We are seeing more and more companies and sectors being hit by the crisis. We receive hundreds of calls every day, especially from small and medium-sized companies that are experiencing a drop in orders. Many of these companies need support with business management issues. We are therefore now expanding our funding for entrepreneurial expertise – quickly and without bureaucracy".

By offering these new funding conditions, the Federal Ministry for Economic Affairs and Energy wants to support small and medium-sized enterprises (SMEs) and members of the liberal professions in the current situation. The new funding module is to help companies develop measures to limit the economic impact of the coronavirus crisis and to regain their competitiveness. It comes alongside other financial instruments that the Federal Government decided on last week.

The additional module available under the framework directive on the promotion of entrepreneurial expertise can be viewed here (PDF, 240 KB). More detailed information – in particular on how to apply – is available from the Federal Office of Economic Affairs and Export Control (BAFA) at www.bafa.de/unb (in German).