05.03.2021

Schwäbisch Gmünd – providing quick and flexible help for its businesses

Emergency loans against liquidity bottlenecks for smaller businesses

Smaller businesses in Schwäbisch Gmünd, Germany, have been particularly hard hit by the COVID-19 pandemic. Eager to assist them, the city launched a project to help its businesses (‘Gmünd hilft seiner Wirtschaft’). Its main objective is to provide fast-track and unbureaucratic support to see enterprises through a liquidity bottleneck.