The EU Commission investigates aid granted by the UK government in a venture capital fund located in northern Ireland (Viridian Growth Fund)

Tilmans, Madeleine

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26 Jul 2000

The EU Commission investigates aid granted by the UK government in a venture capital fund located in northern Ireland (Viridian Growth Fund)

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Reference

EU Commission, Viridian Growth Fund, Case C46/2000, 26 July 2000

"United Kingdom – Commission investigates aid involved in the Viridian Growth Fund, a venture capital fund located in Northern Ireland"* On 26 July, the Commission decided to open the Article 88(2) EC procedure regarding aid involved in a new venture capital fund in Northern Ireland called the Viridian Growth Fund. The enquiry will enable the Commission to determine whether the aid is compatible with the common market. The UK authorities had notified to the Commission an aid scheme linked to the setting up and operations of the Viridian Growth Fund LP in September 1999.

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Author

Madeleine Tilmans
European Commission - DG COMP (Brussels)

Belgium 52 contributions 9633 visits

Quotation

Madeleine Tilmans, The EU Commission investigates aid granted by the UK government in a venture capital fund located in northern Ireland (Viridian Growth Fund), 26 July 2000, e-Competitions July 2000, Art. N° 39131

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