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Commission Regulation (EC) No 70/2001Show full title
Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises
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- Revised 01/01/20070.18 MB
- Revised 01/01/20050.14 MB
- Revised 19/03/20040.13 MB
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[F1Article 6 U.K. Large individual aid grants
1. In the case of aid covered by Articles 4 and 5, this Regulation shall not exempt an individual aid grant where one of the following thresholds is met:
(a) the total eligible costs of the whole project are at least EUR 25 000 000 ; and
(i)
in areas or in sectors which do not qualify for regional aid, the gross aid intensity is at least 50 % of the ceilings laid down in Article 4(2);
(ii)
in areas and in sectors which qualify for regional aid, the net aid intensity is at least 50 % of the net aid ceiling as determined in the regional aid map for the area concerned; or
(b) the total gross aid amount is at least EUR 15 000 000 .
2. In the case of aid covered by Articles 5a, 5b and 5c, this Regulation shall not exempt an individual aid grant where the following thresholds are met:
(a) the total eligible costs of the whole project incurred by all companies participating in the project are at least EUR 25 000 000 ; and
(b) it is proposed to provide aid with a gross grant equivalent of at least EUR 5 000 000 to one or more of the individual companies.
In the case of aid granted to a Eureka project, the thresholds in the first subparagraph shall be replaced by the following:
(a) the total eligible costs of the Eureka project incurred by all companies participating in the project are at least EUR 40 000 000 ; and
(b) it is proposed to provide aid with a gross grant equivalent of at least EUR 10 000 000 to one or more of the individual companies.]
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