Series of Leaflets Prepared Explaining Industry-based Support Measures that Businesses Affected by the Novel Coronavirus Disease are Able to Utilize
April 23, 2020
Targeting businesses currently facing difficulties in business management due to the impacts of the novel coronavirus disease, the Small and Medium Enterprise Agency (SMEA) prepared a series of leaflets explaining a variety of business support systems in an easy-to-understand manner, including descriptions of newly established subsidy systems. This aims to encourage such businesses to continue business operations and maintain current employment.
On April 20 (Mon.), 2020, the government compiled a revised version of the Emergency Economic Measures for Response to COVID-19 (hereinafter referred to as the “Emergency Economic Measures”) and a Cabinet Decision was made approving the draft FY2020 Supplementary Budget . The Emergency Economic Measures include measures for supporting and alleviating the impacts on companies and other enterprises affected by the novel coronavirus disease.
As part of these measures, SMEA prepared a series of leaflets explaining a variety of industry-based support measures mainly targeting nine industries, about which SMEA has received many inquiries: restaurants, manufacturing, wholesale, retail trade, accommodations, passenger transport, freight transport, services for amusement and recreation, and medical-related services. These leaflets describe support measures that business owners are able to utilize in overcoming the challenges they are facing.
The respective leaflets contain information on [i] the subsidy program for sustaining businesses, [ii] measures for supporting businesses in financing, [iii] the subsidy program for employment adjustment, [iv] newly introduced grace periods, reductions or exemptions for taxes, social insurance premiums or other social security and similar burdens and [v] three types of subsidy programs; and provide explanations of support measures that address difficulties that business owners are now facing. Please note that there are no dramatic differences between different industries in terms of the details of the support measures that can be utilized.
URL on which the leaflets are posted:
- Leaflets explaining industry-based support measures (in Japanese)
- Support measures for companies concerning the impacts of the novel coronavirus disease
Example: Leaflet explaining industry-based support measures (for restaurants) (in Japanese)
For further inquiries on the above measures, please feel free to contact a nearby “Consultation Counter on Business Operation“ from the list below. METI has opened “Consultation Counters on Business Operation for Addressing the Novel Coronavirus ” at 1,050 locations across Japan, including SME-related associations, support organizations and governmental financial institutes, and these counters have been accepting requests for consultations on business operations.
Division in Charge
Policy Planning and Coordination Division, Commissioner’s Secretariat, Small and Medium Enterprise Agency