Algarve to clarify businessmen on treasury support lines

The Office of Support to the Entrepreneur of the Algarve Tourism Region (RTA) holds next Wednesday, dia 21 de Outubro, às 11h00, an online information session with a view to clarifying entrepreneurs in the regional tourism sector about the news introduced in the ‘Treasury support line for Covid-19 micro-tourism businesses″, provided by Turismo de Portugal.

Recently strengthened to respond to the immediate and pressing financing needs of microenterprises, safeguarding their full activity and its human capital, the allocation for this support line now amounts to 90 milhões de euros e, under certain conditions, 20% the amount of support already granted or support to be granted can be converted into a non-refundable incentive.

For the event it is www.facebook.com/turismodoalgarve/live.

The session includes a welcome speech by João Fernandes, President of the RTA, while clarifications on this support had to be provided by Fátima Catarina, vice president of the Algarve Tourism Board.