SMEs: A more flexible approach to aid for R&D

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Series Details No.3, May 2004
Publication Date May 2004
ISSN 1013-6452
Content Type ,

The European Commission has recently adopted a Regulation extending the block exemption on state aid rules for SMEs to cover R&D activities. Governments will now be able to speed up aid programmes and issue individual grants for small firms without having to notify the Commission in advance.

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