Presentation on theme: "The General Block Exemption and De Minimis Regulations"— Presentation transcript:
1The General Block Exemption and De Minimis Regulations
2The General Block Exemption Regulation Allows you to give aid without having to go through the approval process. Aid giver reviews GBER and puts in place processes to ensure compliance.Inform Commission within 20 days via SANI systemIn May 2014, Commission adopted new GBER. New rules will be in force from July
3GBER: Main changes from July Increased notification thresholdsAddition of new aid measures and broadening of existing block exemption categoriesHelp with interpretation of GBER: Ability to submit questions to Commission via BIS. Will be able to view questions from other MS and response.BUT:Light touch approval process required for evaluation processes for larger schemes (>Euro150M)Transparency requirements: national public register of individual awards of aid
4Types of Aid Permitted Under GBER Regional aidSME aidAccess to finance for SMEsEnvironmental protectionConsultancy and participation in trade fairs for SMEsRisk capitalR&D&ITraining aidDisadvantaged and disabled workersNatural disastersSocial aid for transport for remote regionsBroadbandCulture and heritageSport and recreational infrastructureInvestment aid for local infrastructure
5Main changes to Aid for access to finance for SMEs Block exemption of risk finance measures up to €15m to cover full development cycle (and no cap in Guidelines).Less prescriptive; concept of equity by destination to embrace wide range of aid instruments.More refined approach for aid to start-ups, covering loans guarantees and grants. Maximum grants amounts can be doubled for small and innovative enterprises.New ability to provide aid for alternative trading platfoms, and for scouting costs in relation to risk finance and start-up aid.
6NEW: Aid for infrastructure Broadband infrastructureSport & multifunctional recreation infrastructuresLocal infrastructuresMust have open access & transparencySome allow preferential access to private investorsAid amount cannot exceed ‘funding gap’
7Aid following natural disasters Covers the costs of making good the damage from natural disastersMust be formally & officially recognised as a natural disasterMust be a causal link between the disaster and the damageCan cover 100% of both material damage and loss of income (maximum of six months)Aid must be granted with in four years of the disasterNatural disasters – earthquakes, avalanches, landslides, floods, tornados, hurricanes, volcanic eruptions and wild fires of natural origin
8Culture & heritage conservation Can be investment or operating aidInvestment aid shall not exceed funding gapOperating aid shall not exceed operating losses & a reasonable profitAid for audio-visual worksAid to the production, pre-production and distribution of audio-visual worksCan only be used for ‘cultural products’Can tie production to a particular location
9De Minimis Aid Commission Regulation 1407/2013 Aid of up to € 200,000 to one company over a 3 year period.All de minimis aid over rolling 3 year period must be cumulated. Aid giver responsible for checking and ensuring that ceiling is not breached.Recipient must be told that they are receiving de minimis aid and must declare this if offered de minimis aid in the future.
10Other sources of support GBER textDe Minimis text:FAQ document expected very soonAbility to ask questions directly – via UK state aid unit - and get response within 15 working days