hub.brussels > Blog > OpenSoon: a subsidy of 15,000 euros to open your business
OpenSoon: a subsidy of 15,000 euros to open your business

OpenSoon: a subsidy of 15,000 euros to open your business

This Thursday 2 May marks the start of the ninth season of our OpenSoon programme! Launched in 2010, the call for OpenSoon projects finances, through the award of a grant, the opening of bold and quality shops in Brussels. Yours, for example?

La plus grande difficulté pour tout commerçant

What is the biggest difficulty for all retailers wanting to start? Being able to source the necessary funding to start their business… and knowing they can pay the first month’s rent.

This is why, almost ten years ago, the region created the call for OpenSoon projects. Since its launch in 2010, this programme has been involved in the opening of 225 shops across the whole of the Brussels Region.

A subsidy of €15,000 and personalised coaching

For 2019, the region has dedicated a budget of €400,000 to OpenSoon. The grant gives each successful applicant a subsidy of 9 months rent (maximum of €15,000), following a panel selection. The panel will meet in June and next September.

In addition to the costs associated with rent, OpenSoon also offer the winners the benefit of advice and coaching from our experts for the entire duration of their project.

The statistics have spoken: compared to the national average, the businesses supported by our Agency are almost two times less likely to close down before their fourth year. If Belgium registers an average closure rate of 25% for businesses in their third year, this figure only reaches 12% for retailers who called on the services of hub.brussels.

Any questions? Contact our Retail team via opensoon@hub.brussels!

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