"Advance" loan for the cultural and events sectors prolonged
26 September 2022
A aid that allows Brussels companies in the cultural and event sectors to benefit from a cash advance in order to resume their activities, to meet fixed costs and to ensure the development of new projects.
In addition to the economic incentives and the Warranty Fund, the "Advance" loan is prolonged for the cultural and event sectors in the Brussels-Capital Region:
This measure will allow companies with at least one unit of establishment in the Brussels Region to benefit from a cash advance in order to resume their activities, meet fixed costs and ensure the development of new projects.
This Advance Loan is offered at the advantageous rate of 2% for amounts ranging from 10,000 to 150,000 euros, to be repaid over a period of 36 months after a 12-month moratorium.
Applications can be made until November 15, 2022.