Copenhagen helps local businesses get away from the effects of COVID. to recover


Copenhagen helps local businesses get away from the effects of COVID. to recover

The Danish capital will provide around EUR 1 million to help businesses in need

Earlier this year, the city of Copenhagen announced that it has allocated a total of DKK 10 million (€ 1,344 million) to support businesses in need and help them recover from the effects of the COVID crisis. On May 26, the first round of funding applications ended and the city’s finance committee was tasked with reviewing all applications.

On Wednesday June 16, Copenhagen announced that 16 of the 70 applicants had been selected for financial support. In addition, DKK 7 million (EUR 941,299) was distributed among the successful applicants.

It should be emphasized that there will be a second (and final) round of applications for grants this autumn.

Which activities are supported?

In a press release, the city of Copenhagen lists some of the 16 activities and events that were financially supported. These include an entrepreneur festival on green sustainability, summer demonstrations, treasure hunts, jazz in Nyhavn and other events that help companies and industries recover from the effects of the pandemic.

The Mayoress for Employment and Integration, Cecilia Lonning-Skovgaard, commented on the first round candidates: “There was a fantastic variety of ideas in the applications, and the number of applications shows that there are many people who are committed to making Copenhagen a lively and exciting city again.”

The Danish capital aims to bring life back to the streets by funding campaigns, festivals and other events. In addition, it is intended to offer Copenhagen’s business world opportunities for networking and exchanging knowledge.

Ultimately, the support of the city benefits businesses, residents and tourists alike. In addition, it will undoubtedly boost the economy and attract more visitors to the capital.


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