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Home > European Funding > Objective 2 > State Aid > Aid for Small and Medium-Sized Enterprises (SMEs)

Aid for Small and Medium-Sized Enterprises (SMEs)

Scope

This block exemption covers State Aid measures to support:

  1. Investment in tangible assets (land, building, plant/machinery, etc) and investment in intangible assets (expenditure involving transfer of technology);
  2. 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

 

                                               
  •  Small enterprises
 15%   20%
  •  Medium enterprises
 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).

Related documents

See also on our website


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