After the DANA that devastated part of the Valencian Community last October 29th, many businesses, self-employed and companies were seriously affected. For this reason, the Generalitat has approved a budget of 100 million Euros to help their economic recovery.
Half of this budget will be allocated between now and the end of the year and the other half from 2025 onwards. This aid consists of two programs. The first is aimed at industrial companies and the second at commercial, tourist, service and other types of companies .
Below we tell you how to apply and what are the deadlines to do so.
Who can benefit from this aid?
In order to benefit from these aids, the following requirements must be met:
- To have had economic activity until October 28, 2024 in the municipalities effected by the DANA. You can consult them in this link.
- To have suffered material damage to property located in areas linked to the development of economic activity.
Amount of the aid
The minimum amount for each company or self-employed person will be 5,000 euros and a maximum of 30,000 euros for companies in program 1 and 15,000 euros for those in program 2.
This budget may be increased by €1,000 for each employee hired before October 28.
Deadlines and how to apply for the subsidy?
The period in which companies and self-employed workers may apply for the subsidy runs from November 28 to December 31, 2024.
The requests can be made telematically through the electronic headquarters of the Generalitat.