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Until next October 16, micro and small companies that during the May-July quarter saw a 30% decrease in their income from the previous year will be able to opt for the “Reactívate SME: Let’s go with everything” program, launched by the Undersecretariat of Economy in conjunction with Sercotec.
It is a competitive fund of up to $ 3 million aimed at encouraging the reopening and reactivation of businesses, and which is calculated based on the annual sales level of each company, according to tranches.
The first ranges from 200 UF to 600 UF, and for this segment the subsidy will be up to $ 1.5 million, the second, meanwhile, starts from SMEs with sales greater than 600 UF and up to UF 25,000, a subsidy of up to $ 3 millions.
This initiative involves a disbursement of $ 18 billion and is part of the “Step by step, Chile recovers” plan.
From Sercotec, its director Bruno Trisotti said that the plan aims to benefit more than 6,200 micro and small companies regardless of the sector to which they belong. For his part, Undersecretary Esteban Carrasco indicated that they planned to continue with this type of aid by 2021.
Here are the keys to know how to apply:
Let’s see.
The first thing is that Applications for this new program will be made through the Sercotec website until Friday, October 16, at 6:00 p.m.
This subsidy will finance working capital such as: raw materials, materials and merchandise, payment of rents, salaries, payment of basic services and loan installments. Further, includes the possibility of financing materials necessary to implement protocols, security measures and sanitary protection against Covid-19, that contribute to the reactivation of the business.
Those who present documents that prove the payment of expenses from March 18, 2020 onwards, may receive a refund.
They will be able to apply those who have the initiation of activities in the first category, until April 30, 2019 and is in force at the beginning of the call. In addition, companies must have a total accumulated net sales from UF 200 to UF 25,000 (as the case may be), in the period from May 2019 to April 2020.
Only companies that show a decrease in sales of at least 30%, comparing sales between May-July 2019, those of the same period in 2020, may participate in this call.
To do so you must enter Sercotec to register as a user or update background information. Then you must select the region, access the list of open calls and select “see file”, there you can download the bases and access the application form for the program.
In addition to that, you must attach the tax folder to request credits. This document available at the SII must contain forms “29” of the periods required to calculate both the level of sales and the decrease in sales. The document is mandatory for all applicant companies and must be updated and in PDF format.
Keep in mind that The beneficiaries of the Reactívate de Sercotec programs (any source of financing), Renace Aysén, Renace Gastronomy Aysén, Special Program of Support to the Gastronomic Sector of the Valparaíso Region and FNDR-Special Program of Support in the Reactivation of Microenterprises will not be able to apply. of the Valparaíso Region. Yes, the beneficiaries of the Reactívate launched in January 2020 will be able to apply.
