The guidelines for the allocation of grants for the creation and stabilization of jobs for neighborhood and neighborhood micro enterprises belonging to the economic sectors most affected by the pandemic have been approved by the The Municipality of Milan Board.
The contributions amount to € 5.5 million and come from the Mutual Aid Fund.
Contributions will be granted to micro-enterprises of the economic sectors most affected during the lockdown:
- retail business activities (excluding food and basic necessities),
- personal services (hairdressers, barbers, beauty centers etc.),
- catering businesses,
- accommodations and travel agencies.
This enterprises must have up to 5 employees hired with full time employment contracts and who have undergone at least 56 days of mandatory closure.
Specifically, the funds will cover the costs for new staff hires with permanent or fixed-term employment contracts lasting at least 12 months or with apprenticeship contracts, or the stabilization of staff already hired with contracts.
Two aid formulas
The first, a contribution of up to a maximum of 20.000 euros to cover the costs for the creation of permanent employment relationships.Â
The second, economic coverage for fixed-term contracts, lasting at least 12 months, or apprenticeships up to a maximum of 15.000 euros.
In both cases, the funds will be allocated in the amount of 80% of the expected expenditure and will be disbursed in the amount of 80% of the expenditure actually incurred and reported.Â
Contracts stipulated after June 1, 2020 are considered admissible.
All information and documentation necessary for submitting the application will be available in September on the portal of the Municipality of Milan.
