The Government Support Guide for businesses helps you as an owner of a business to quickly identify the right government support program which your business may need as a result of the rapid spread of the novel Coronavirus (“COVID-19”).
After having identified the right program, the tool will then automatically guide the user towards the respective application process in order to secure the funding the business is entitled to. The user will be asked to enter certain key data regarding the affected business (e.g. annual turnover or number of employees). Based on this data, our powerful govtech tool will then automatically determine the applicable government support program and list its respective application process requirements.
The tool currently reflects the support programs which has been implemented by the governments in EU countries, the U.S. and many other jurisdictions in order to rescue domestic businesses. The tool’s open architecture, however, allows it to be easily adapted to any additional or upcoming government support programs in no time.
Background
Declared to be a pandemic on March 11, 2020 by the World Health Organization, public health concerns with regard to COVID-19 are having a direct and significant impact on the general economy. Many businesses are severely impacted by these extraordinary events. Some were obliged to close its shops, restaurants or bars. Some had to reduce production to zero or a bare minimum. These businesses must survive, and governments reacted with support programs. However, due to the vast amount of different business help programs, finding the right program is a challenging task.
With BRYTER, you can build an automated Government Support Guide which quickly identifies the right support program for your clients or your business. The tool’s assessment capabilities give the user an overview of the probabilities to receive government support. If identified, the user will be guided towards next steps that will facilitate the application process. Due to the open architecture of the BRYTER platform, the tool’s straightforward logic can easily be tailored to specific types of government support and business sectors and even to support programs offered by other governments.
Benefits
Automated & Standardized
The Government Support Guide helps businesses to quickly identify the right government support program. Additional guidelines provide users with a simple orientation that is needed in these times.
Fast and Safe Execution
The Government Support Guide allows for a fast assessment and safe guidelines which make sure that businesses will quickly secure the support they are entitled to. The tool is available 24/7 and streamlines an otherwise time-consuming and manual review.
Highly customizable
As every application built on BRYTER is customizable the Government Support Guide may accommodate updates of individual support programs. In addition, it can easily be adapted to support programs of other governments.
How it works
Go through Q&A
The user will be guided through a customizable and user-friendly questionnaire which gathers all relevant information. The inputs then determine the right government support program.
Receive further advice
Depending on the outcome, the tool will then provide the user with advice and guidance with respect to the relevant application process.
Keep up-to-date
The open architecture of the BRYTER platform allows the application to be updated continuously in the background ensuring that the results are always in-line with potential amendments of the support program.