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Home News Netherlands

Government allocates €1.3bn for businesses and venues hit by corona rules

by Francesco Mazzagatti
November 16, 2021
in Netherlands
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Photo: DutchNews.nl

Businesses hit by the reintroduction of coronavirus restrictions will again be able to claim compensation from the government to cover their running costs.

The government has set aside €1.3 billion to support companies, event organisers, cultural institutions and sports clubs affected by the rules that came into force on Saturday.

Companies whose turnover drops by at least 30% can apply for a TVL payment to cover their overheads, while organisers of events that have had to be cancelled can claim a 100% subsidy.

Events can only go ahead if they finish by 6pm, with capacity limited to a maximum of 1,250 people who must have an allocated seat. The rules will apply until at least December 4.

Cultural venues can claim up to 55% of lost ticket revenue via the Fonds Podiumkunsten and can also apply for TVL funding if they are facing significant losses.

Another €36 million is being made available for professional sports clubs who are having to hold matches behind closed doors, while the amateur sports sector will receive up to €5 million.

Thank you for donating to DutchNews.nl

The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.

DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to,
you can do so via Ideal, credit card or Paypal.

Source: Dutch News

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