pieniądze

Grants from the PARP for working capital

The company Exco is proud to announce that it supported its first clients in the process of receiving Grants from the PARP for working capital.

We remind you that from 15 June 2020, non-refundable aid of the Polish Agency for Enterprise Development (PARP) for medium-sized enterprises–that have found themselves in a difficult economic situation as a result of the COVID-19 pandemic–has been launched.

Note: the deadline is the end of July 2020.

PURPOSE of PARP’s support:

Aid to medium-sized enterprises that have found themselves in a difficult situation because of the economic disruption caused by the COVID-19 pandemic.

Beneficiaries:

Entrepreneurs eligible for support within competitive procedures are those that recorded, due to COVID-19, at least a 30% decrease in turnover (i.e. decrease in the sale of goods or services in terms of value) in any month after 1 February 2020, i.e. at the earliest since March 2020, compared to the previous month or the same month last year.

Value of the aid:

  • Maximum co-financing: PLN 429 827,
  • Project value (eligible costs): PLN 429 827,
  • Own contribution: PLN 0

The company receives funding for 100% of the costs.

The PARP will check if after the period indicated in the application (1, 2 or 3 months) the company has survived (it has not ceased its activity, liquidation, bankruptcy or restructuring proceedings have not been initiated) and may ask for documents confirming the data indicated in the application (number of employees, turnover, confirmation of the status of a medium-sized enterprise, confirmation of difficult situation).

Should you need our support, please contact us at:

Agnieszka Janeczek ajn@exco.pl

Christophe Cathala cca@exco.pl