(CZ) COVID-19 relief project finished.

by JMT
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During the last two months, we have been busy connecting individuals and companies seeking advice on possible state-funded compensations and aid with volunteers as well as commercial advisory firms. To this day, we have assisted with over 680 successful claims. 

Detailed description:

Immediately after the outbreak of the COVID-19 coronavirus (or SARS-CoV-2, if you will) hit Europe, we have been getting questions about possible effects of a pandemic on businesses in the EEA. While researching the emergency measures as well as the initial hints of state aid enacted by the Czech government, we realized that with official information released incrementally and often without further explanation as to who is eligible and how to apply for relief measures, there was a chance for us to step in, bring order to chaos and help connect those in need with those in the know.

With the platform (previously accessible here https://kompenzace.eu), we focused on three types of parties, disadvantaged due to emergency measures (e.g. quarantine, mandatory leaves of absence, caring for children, suspended operations, etc.), namely:

1. Natural persons - individuals, who may be eligible for extraordinary monetary contributions;

2. Self-employed people - individual entrepreneurs, who may be eligible for extraordinary monetary contributions and interest-free loans;

3. Corporate clients - businesses, who may be eligible for reimbursement of costs and interest-free loans;

With certain relief measures aimed at the economically most vulnerable, such as nursing contributions and extraordinary immediate aid (where both the 1. and 2. category may be eligible), we offered consulting services and administrative assistance free of charge, through a network of volunteers. The remaining scenarios helped us generate unique leads, which we then distributed among our professional partners, experienced in providing state-aid advice.

A sincere thank you to all involved.

JMT

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