COVID19: liquidity support for startups up and running
Bern, 4.5.2020 - On 22 April 2020, the Federal Council agreed a guarantee scheme to support promising startups encountering liquidity problems caused by the coronavirus. The government-accredited loan guarantee organisations facilitate access to bank loans for startups. The State Secretariat for Economic Affairs SECO has thus set out the practical criteria for this in consultation with interested cantons and the loan guarantee organisations. Loan guarantee applications can be submitted from 7 May up to 31 August 2020.