Regular payments of exceptional business assistance for December now being made

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Starting today, advance payments of up to €800,000 can be made under Bridging Assistance III. In the past, the maximum amount was €400,000.

Federal Minister Peter Altmaier said: "Starting today, companies which quickly need large sums can receive advance payments of up to €800,000. The higher advance payments are to help quickly where support is needed most urgently."

Bridging Assistance III is available to companies that are heavily affected by the COVID-19 pandemic and the current partial lockdown. Until 30 June 2021, these companies can receive support of up to €1.5 million per month. Affiliated companies receive up to €3 million per month. The aid does not need to be repaid. Since 10 February 2021, companies throughout Germany have been able to submit applications for Bridging Assistance III via (in German).