How much did start-ups, medium-sized companies, artists or sports clubs get from the city’s billion-dollar Corona aid pots? The Senate’s response to a CDU request shows that some of the numerous aid programs are working well – and others are not at all.
One of the support that has been well received is the Hamburg Corona emergency aid: from March to July 2020, a good 520 million euros were paid out, including around 300 million euros from the federal government. In March and April 2020 alone, almost 54,000 Hamburg applications for emergency aid.
7,200 self-employed artists received 14.4 million euros from the “restart bonus”. However, the successful funding program expired at the end of 2020.
Hamburg: Which corona aids work – and which don’t
Theaters, clubs, museums: since March 2020, a good 23.5 million euros have been approved from the “Culture Aid Package”, almost 21 million of which are already in the applicants’ accounts. 203 applications were approved. Private theaters received 10.3 million euros from the pot, clubs almost 2.6 million, the film industry 2.4 million. Private museums were supported with 524,000 euros.
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Young companies received almost 5.5 million euros in “Corona start-up aid”. Sports clubs received a total of around five million euros through “Corona Emergency Aid Sport”.
Corona aid: Hamburg stabilization fund
Grants help in times of need, repayable loans tend not: The “Hamburg Stabilization Fund” of one billion euros has not met with any approval. With this program, larger medium-sized companies should be strengthened by the city getting involved as a silent partner, so that the company would be creditworthy for banks again.
This works for giant corporations like Lufthansa, but only one application was made in Hamburg. “A payment has not yet been made,” said the Senate.
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Loans through the “Hamburg-Kredit Liquidität” program are also not particularly attractive for corona-stricken companies. According to the Senate, barely ten million euros of 300 million have been called up so far.
The CDU speaks of “avoidable bad planning”. The CDU MP Götz Wiese told MOPO: “While Hamburg helped quickly and efficiently at the beginning of the crisis, most programs are no longer working properly. The Senate must make targeted readjustments here in order to help the companies concerned and to look ahead. A restart fund and a hardship fund are overdue. “
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