The Government recently introduced FASE, an Emergency Social Assistance Fund. Applicants who qualify based on the requirements can receive Awg. 950 monthly for a maximum of 3 months.
Applicants should make sure their application is complete to avoid any delays in the processing. After online registration on www.fasehelpdesk.com, your application will go through the evaluation process by a commission consisting of the Departamento di Progeso Laboral, the Department of Social Affairs, the Department of Labor and Investigation and the National jobs platform. Approved applications will be notified by email. The first payment will take place at the end of April 2020 and be transferred to the beneficiary’s bank account. Applicants need to have a personal bank account. The FASE Helpdesk will notify the WEB and Elmar of all the approved applications.
This Fiscal Relief and Stimulus package has been prepared in response to the COVID-19 pandemic to provide relief to entrepreneurs and individuals and to stimulate the economy of Aruba to view more click here
The Aruba Government has announced details of their Financial Aid plan for SME's click here
For more information: https://bit.ly/2SRVmXi
Qredits helps entrepreneurs with loans, mentoring and business development. Government subsidized a special loan program with Qredits, to help small companies bridge the crisis. Government gave Afl 200,000 which will be matched by Qredits.
For more information click here
Posted on Apr 22, 2020