Corona Bridging Aid 3
· Wolfgang Dittrich

Corona Bridging Aid 3

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The bridging aid is being extended and improved in the form of Bridging Aid 3 (Überbrückungshilfe 3). There are several alternative ways to qualify for eligibility:

  1. Average revenue decline in the period April to December 2020 compared to April to December 2019 of at least 30%. A fixed-cost subsidy is available for all months from December 2020 to June 2021, provided the revenue decline in the respective month is at least 30%.

  2. Revenue decline of at least 50% in 2 consecutive months in the period April to December 2020 - for example, a comparison of April and May 2020 with April and May 2019. A fixed-cost subsidy is available for all months from December 2020 to June 2021, provided the revenue decline in the respective month is at least 30%.

  3. Businesses that are directly or indirectly affected by the nationwide closures resolved on 13 December 2020 and whose revenue decline is at least 30%. A fixed-cost subsidy is available for December 2020 and the months January to June 2021, provided further nationwide closures are ordered.

  4. Revenue declines of at least 40% in November and/or December 2020, without being affected by the nationwide closures since 2 November. The same applies to the months January to June 2021, provided further nationwide closures are ordered. A fixed-cost subsidy for the individual months of the period November 2020 to June 2021 is available.

The level of fixed-cost subsidies:

  • Revenue decline > 70%: 90% of monthly fixed costs
  • Revenue decline 50 - 70%: 60% of monthly fixed costs
  • Revenue decline 30 - 50%: 40% of monthly fixed costs

Eligible fixed costs now additionally include 50% of depreciation charges as well as marketing and advertising costs.