The regional government of the autonomous community of Castile and León has announced an aid package for entrepreneurs affected by recent severe floods. The key element is a one-time grant of €5,500 for micro, small, and medium-sized enterprises and self-employed individuals whose operations suffered damage from the natural disaster. The funds aim to support infrastructure reconstruction and cover the costs of repairs and replacement of lost equipment. The program is part of a broader recovery plan for regions that struggled with intense rainfall and river overflows in February.
One-time grant of €5,500
Micro, small, and medium-sized enterprises and self-employed individuals who suffered losses due to the February floods in Castile and León can apply for non-repayable aid of €5,500. The grant is intended to cover the costs of repairs, reconstruction, and replacement of damaged assets.
Recovery package for the entire region
The announced program is part of a broader initiative by the regional government aimed at supporting communities and businesses in disaster-affected areas. It includes not only financial aid for businesses but also actions to restore public infrastructure and mitigate the effects of the catastrophe.
Response to February floods
The decision to launch the aid is a direct response to intense rainfall and floods that hit the region in February, causing significant material and economic losses. The program aims to accelerate the recovery process and stabilize the local economy.
The government of the autonomous community has announced a support package for the local economy, impacted by the effects of the severe February floods. The key element of this package is a one-time, non-repayable grant of €5,500. These funds are intended for micro, small, and medium-sized enterprises and self-employed individuals whose assets were destroyed or damaged due to the natural disaster. The grant is primarily meant to cover the costs of repairs, reconstruction, or replacement of lost equipment and infrastructure necessary for conducting business. In Spain, following the enactment of the 1978 constitution, an autonomous system was established, granting regions broad competencies, including in economic policy, agriculture, and crisis management. Autonomous communities have their own budgets and can enact aid programs in response to local natural disasters, such as floods or fires, often coordinating them with assistance from the central government. The announced program is a response to intense rainfall and river overflows, which in the second month of the year caused significant losses in many parts of the region. Regional authorities emphasize that the aid is comprehensive and forms part of a broader plan to rebuild areas affected by the disaster. The goal is not only immediate financial support for affected entities but also long-term actions to restore normal functioning for local communities and safeguard them against similar events in the future. Details regarding application procedures, required documentation, and precise eligibility criteria are to be published soon by the relevant departments of the regional government.