As of March 30, 2020, Gamecity Hamburg launched a centralized resource to help local creative professionals and small-to-medium enterprises navigate financial instability caused by the COVID-19 pandemic.

According to "Corona Crisis: Support Information Update March 30, 2020": As of March 30, 2020, Gamecity Hamburg launched a centralized resource to help local creative professionals and small-to-medium enterprises navigate financial instability caused by the COVID-19 pandemic.

The Hamburg Corona Emergency Aid (HCS) program provided non-repayable subsidies of 2,500 euros for solo self-employed individuals and up to 10,000 euros for companies with up to 50 employees.

According to "Corona Crisis: Support Information Update March 30, 2020": The Hamburg Corona Emergency Aid (HCS) program provided non-repayable subsidies of 2,500 euros for solo self-employed individuals and up to 10,000 euros for companies with up to 50 employees.

Combined federal and state-level support mechanisms allowed larger firms to access a maximum of 30,000 euros in emergency funding.

According to "Corona Crisis: Support Information Update March 30, 2020": Combined federal and state-level support mechanisms allowed larger firms to access a maximum of 30,000 euros in emergency funding.

Federal financial support measures included short-term liquidity assistance via KfW-Bank and simplified access to short-time work allowances through the Federal Employment Agency.

According to "Corona Crisis: Support Information Update March 30, 2020": Federal financial support measures included short-term liquidity assistance via KfW-Bank and simplified access to short-time work allowances through the Federal Employment Agency.

Tax relief measures were implemented to provide interest-free deferrals for income, corporation, and turnover taxes.

According to "Corona Crisis: Support Information Update March 30, 2020": Tax relief measures were implemented to provide interest-free deferrals for income, corporation, and turnover taxes.

Gamecity Hamburg established a dedicated service hotline to assist local creatives with urgent financial concerns and operational disruptions.

According to "Corona Crisis: Support Information Update March 30, 2020": Gamecity Hamburg established a dedicated service hotline to assist local creatives with urgent financial concerns and operational disruptions.

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Key Insights

Corona Crisis: Support Information Update March 30, 2020

Gamecity Hamburg~10 min full read

01
As of March 30, 2020, Gamecity Hamburg launched a centralized resource to help local creative professionals and small-to-medium enterprises navigate financial instability caused by the COVID-19 pandemic.
02
The Hamburg Corona Emergency Aid (HCS) program provided non-repayable subsidies of 2,500 euros for solo self-employed individuals and up to 10,000 euros for companies with up to 50 employees.
03
Combined federal and state-level support mechanisms allowed larger firms to access a maximum of 30,000 euros in emergency funding.
04
Federal financial support measures included short-term liquidity assistance via KfW-Bank and simplified access to short-time work allowances through the Federal Employment Agency.
05
Tax relief measures were implemented to provide interest-free deferrals for income, corporation, and turnover taxes.
06
Gamecity Hamburg established a dedicated service hotline to assist local creatives with urgent financial concerns and operational disruptions.

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