Sunday, November 28

▷ Companies hardly ask for flood aid / in North Rhine-Westphalia just 37 applications / companies …

01.11.2021 – 14:29

Capital, G + J Business Media

Berlin (ots)

30 billion euros are available for reconstruction in the flood regions, in North Rhine-Westphalia alone 12.3 billion euros. However, according to information from the business magazine CAPITAL, hardly any requests for assistance have been made so far. The auxiliary pots for companies affected by the flood are filled with billions – but at least in the state of North Rhine-Westphalia they have hardly been used so far. According to the Aachen Chamber of Commerce and Industry, only 37 applications have been submitted by companies since the application period began at the beginning of October. “That worries me very much,” said managing director Michael F. Bayer in an interview with CAPITAL +.

On the other hand, according to the “Rheinischer Post”, there are more than 5,000 applications from private individuals. In total, the state of North Rhine-Westphalia should be able to pay out EUR 12.3 billion in aid for the reconstruction; nationwide it is EUR 30 billion.

The chambers of commerce fear that many companies will shy away from the administrative burden of the aid process and will therefore not apply for support. That could “be due to the bad experience with the Corona aid,” said Bayer. There are similarly strict requirements for flood aid: “Anyone who takes the money signs that they will continue to run their business. If they give up, they would have to pay the money back. Such an obligation in a situation of great uncertainty is a huge obstacle. Some people prefer to close or try it yourself. ”

Bayer described the publicly appointed experts that entrepreneurs rely on for flood relief as the “bottleneck”. “The flood fund is well meant, but not pragmatic at this point,” said Bayer. “We are pushing for a more flexible solution.”

Overall, he sees “confidence, hope and the will to rebuild in the majority of companies and people,” said the Aachen Chamber of Commerce and Industry. However, there are “also the discouraged who wonder whether they should build up their business again.”

Press contact:

Monika Dunkel
Editorial team CAPITAL
Phone: 030-22074-5124
Email: [email protected]

Original content from: Capital, G + J Wirtschaftsmedien, transmitted by news aktuell

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