Provence-Alpes-Côte d'Azur region activates a 13 million euro fund to aid looted businesses after social unrest on October 17.
Regional fund approved for looted businesses
The regional council of Provence-Alpes-Côte d'Azur approved a 13 million euro fund to support businesses damaged or looted during recent social protests, in a full session on Friday, October 23. Damage reported in Marseille
In Marseille, 500 businesses were affected by the unrest on October 17, with 317 reported as damaged or looted, according to the Chamber of Commerce and Industry (CCI). Subsidy for affected businesses
The regional fund will provide a flat-rate subsidy of 10,000 euros to each vandalized business to cover initial costs for resuming operations, regardless of their location in the region. Implementation by CCI
The CCI will manage the program in collaboration with business owners, ensuring the subsidies are distributed efficiently to those in need. Funding contributions
The regional council contributed 5 million euros, the Department of Bouches-du-Rhône added another 5 million, and the Aix-Marseille-Provence Metropolis gave 1 million. Private sector support
The Marseille-based maritime transport company CMA CGM donated 1 million euros, and the region is encouraging further contributions from local authorities, the government, and private entities.
