The EU Commission issues new guidelines on State aid promoting risk capital investments in SMEs

"New Guidelines on State aid promoting risk capital investments in SMEs"*In the context of the State Aid Action Plan From 18 August 2006 the Commission has applied a new set of Guidelines on state aid to promote risk capital investments in small and medium-sized enterprises (hereafter ‘the guidelines’) [1]. They set out how risk capital schemes will be assessedin accordance with Article 87 of the EC Treaty. The guidelines replace the Communication on state aid and risk capital [2] from 2001 (hereafter ‘the 2001 Communication’). The guidelines constitute an important element in the State Aid Action Plan [3] from 2005 in which the Commission stated that “State aid policy safeguards competition in the Single Market and it is closely linked to many objectives of common interest… It must

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Bente Tranholm Schwarz, The EU Commission issues new guidelines on State aid promoting risk capital investments in SMEs, 18 August 2006, e-Competitions August 2006, Art. N° 36561

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