Funding the business: European govts’ sector-relevant aid
A continuously updated list of funding likely to benefit those working in the European live industry's biggest touring markets
Feature By IQ | 22 April 2020
Voucher schemes, cultural hardship funds, compensation programmes and loans for small businesses… As the economic fallout from the coronavirus pandemic rumbles on, IQ takes a look at the financial…
Voucher schemes, cultural hardship funds, compensation programmes and loans for small businesses… As the economic fallout from the coronavirus pandemic rumbles on, IQ takes a look at the financial measures taken by governments and other organisations in different European markets that serve to benefit the live industry.
Austria
In Austria, where all public events are banned until after the end of June, the government has introduced a hardship fund, which acts as a “safety net for the self-employed”.
The €2 billion euros is designed to act as a rapid first aid measure to help…