On April 17, 2020 the State Council of Vaud commited to helping early-stage companies that had been impacted by COVID-19 and allocated CHF 20 million to make up for the lack of support from the federal government but on condition of the subsidiarity principle.
On April 22, 2020 the Federal Council eventually came up with an additional measure for start-up/scale-up in the form of bank loans. This measure potentially allows you to get a credit from the bank of your choice to cover up to a third of your operating costs but to a maximum of CHF 1 million. If accepted by the bank, this loan will be fully guaranteed by the public authorities as 65% by the Swiss Confederation and 35% by the State of Vaud. As a result, the initial CHF 20 million announced by the State Council will be used to cover the share of 35% related to all loans requested.