Aid for Damages Caused by the 2023 Christmas Flood to Businesses and Freelancers in Lower Saxony
The State of Lower Saxony offers aid to businesses and freelancers who suffered property damage due to the 2023 Christmas flood. The program supports the remediation of these damages and the restoration of operational capability with grants covering up to 50 percent of eligible expenses. Applications can be submitted until July 31, 2024.
Who is Funded: Target Groups and Geographic Scope
This funding guideline is aimed at businesses and freelancers in Lower Saxony who are directly affected by the 2023 Christmas flood. The goal is to restore their operational capability in specifically defined flood areas.
What is Funded: Property Damages and Associated Costs
The program funds the remediation of direct property damages to assets such as buildings, equipment, machinery, and inventories caused by the 2023 Christmas flood in Lower Saxony. Additionally, associated costs that serve the immediate restoration of operational capability or are incurred as immediate measures are supported.
Type and Extent of Funding
Support is provided as a non-repayable grant and covers up to 50 percent of eligible expenses. The minimum damage amount for funding is 5,000 euros, with aid granted based on the De minimis Regulation or the General Block Exemption Regulation (GBER).
Conditions and Requirements
Specific conditions apply to the application for flood aid in Lower Saxony regarding proof of damage, aid rules (De minimis, GBER), and financial settlement. Among other things, detailed documentation of damages and expenses is required, and third-party benefits are offset to avoid overcompensation.
Application Procedure
Applications for flood aid must be submitted to Investitions- und Förderbank Niedersachsen (NBank) by July 31, 2024. The procedure is carried out electronically, and approval is at the discretion of the competent authority.
Legal Basis of Funding
Flood aid is based on a guideline from the State of Lower Saxony and adheres to EU regulations for state aid. This ensures the legal basis and conformity with European regulations for granting aid in natural disasters.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
Up to 50% of eligible expenses
Deadline:
31.07.2024
Open Until:
31.12.2024
Award Channel:
Individual Aid
Region:
Lower Saxon parts of the catchment areas of the rivers Weser (Aller/Leine/Fuhse/Oker), Wümme, Hunte, Soeste, Ems, Vechte, Sude with Krainke and Rögnitz, Seege, Ilmenau, Jeetzel, Elbe
Sectors:
Other
Application Type:
Single Applicant
Funding Stages:
Implementation, Other
Funding Provider
Program Level:
Regional
Funding Body:
Lower Saxony Ministry for Economic Affairs, Transport, Building and Digitalization
Managed By:
Investment and Development Bank of Lower Saxony (NBank)