Scope
This block exemption covers State Aid measures to support:
- Investment in tangible assets (land, building, plant/machinery, etc) and investment in intangible assets (expenditure involving transfer of technology);
- The costs of services provided by external consultants and the costs of the first participation of an enterprise in a particular fair or exhibition. The services provided by outside consultants shall not be a continuous or periodic activity nor related to the enterprise's usual operating expenditure, such as routine tax consultancy services, regular legal services or advertising.
Concepts:
For the definition and distinction of Small and Medium Enterprises click on hte link below: Definition of Small and Medium-sized Enterprises.
Maximum Aid
The contribution to the eligible costs from public resources (including Structural Funds) should not exceed:
| |
|
Assisted Areas (in London) |
|
Investment in tangible and intangible assets |
|
|
|
|
15% |
20% |
|
|
7.5% |
20% |
| Services by outside consultants |
50% |
50% |
NB: See link below for Assisted Areas (in London)
Notification
Large projects where the eligible costs of the whole project are at least €25,000,000 or the total gross aid amount is at least €15,000,000 are not covered by this exemption and must be notified to the EC.
Other conditions
You are required to provide annual reports on the amount of aid provided. This will normally be requested from you by GOL (or one of the approved Co-financing Organisations, where applicable).