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Flanders reduces the grants of the SME portfolio
Fewer grants for SMEs due to new rules
Percentage
In the first place, the percentage goes down. However, this is only the case for small enterprises. They see their grants for training reduced by 10%. The reduction from 40% to 30% will take effect from 1 December 2019.
Annual limit
Secondly, the annual limit is also being lowered. From 1 January 2020, this will be set at EUR 7 500 for small and medium-sized enterprises.