Vienna U2/U5: Funding for Affected Companies is Increased
Specifically, the economic agency is increasing the support for small businesses along the expansion route by around 50 percent. This was announced by the red-pink city government on Thursday.
Effective immediately, companies with fewer than 50 employees can receive up to 25,000 euros to cover their rental costs and for revenue-increasing measures. In addition, the funding rate for rental expenses has been increased from 50 to 60 percent. The support applies to all sectors.
Funding Since 2018 - Vienna's Finance City Councilor Provides Figures
There has been funding for companies in the affected districts since 2018. So far, 128 companies have already been helped with a total of around 3.2 million euros, reported Finance City Councilor Peter Hanke (SPÖ).
(APA/Red)
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