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Hamburg (dpa / lno) - The Hamburg Investment and Development Bank has paid out one billion euros in Corona aid since March last year.

It is about 13 funding programs for companies, said Finance Senator Andreas Dressel (SPD) on Tuesday.

The largest part was made up of grants as part of the Hamburg Corona emergency aid with a total volume of over 507 million euros.

In addition, the bank granted loans or initiated state investments.

However, the support did not go smoothly.

"With the Novemberhilfe we ​​are finally on the home stretch with the payout," said Dressel.

Three quarters of the December aid was paid out this week.

The bridging aid 3 could only flow from the end of March due to the system.

The Senator primarily blamed the federal government for the delays, which first had to activate the aid programs.

Then the programs would have had "teething problems".

Now the tax authorities want to launch another aid program worth 30 million euros for a “digital bonus”.

Small and medium-sized companies can apply for grants of 5,000 or 17,000 euros for digital change from mid-March.

A new aid fund is also planned for the revitalization of Hamburg's city center and town centers.

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Companies that are not entitled to Corona aid should, under certain circumstances, be supported by the federal hardship fund.

Hamburg accounted for a good 38 million euros from the joint federal and state pot, said Dressel.

22 million euros are to flow back into the tax coffers.

The Senator quantified the recovery of emergency aid, which was wrongly paid out in spring 2020, to this amount.

© dpa-infocom, dpa: 210302-99-658627 / 2

Press release