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State Aid

State Aid: New Research and Development and Innovation Guidelines adopted

9.7.2014

PR(14)45

The EFTA Surveillance Authority has adopted new State aid Guidelines to promote research and development and innovation (R&D&I), corresponding to similar rules adopted by the European Commission. The adoption of these new Guidelines is part of a broader strategy to modernise State aid control.

State aid can be an appropriate measure to tackle market failures and create incentives for EEA companies to undertake research and innovation projects, despite its inherent commercial risk. The new Guidelines offer the States the opportunity to be more flexible and efficient when granting aid that can boost innovation.

The main objectives of the Guidelines are to provide greater flexibility for implementing R&D&I measures, to allow higher aid intensities and to simplify and offer more legal certainty.

The Guidelines will be applied to large R&D&I measures not covered by the rules set out in the new General Block Exemption Regulation which scope has also been widened. The new Guidelines will be applicable from today.

 

Relevant documents:

 

For further information, please contact:

Mr. Andreas Kjeldsberg Pihl
Press & Informati
on Officer
tel. (+32)(0)2 286 18 66
mob. (+32)(0)492 900 187




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