DG State Aid – Control and Regeneraton of Deprived Urban ... - REVIT

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For Further Information: Decision: http://ec.europa.eu/community_law/state_aids/industrie/n747-99.pdf Regional Aid Guidelines (Annex 2 – Fiche III): http://europa.eu.int/comm/competition/state_aid/legislation/aid3.html#F SMEs Block Exemption (Annex 2 – Fiche II): http://www.europa.eu.int/comm/competition/state_aid/legislation/aid3.html#sme 21
N747/B/1999 Partnership Support for Regeneration (2): (Bespoke Developments) The objectives of this scheme are to promote regional development and SMEs by contributing to sustainable and balanced economic growth across England and also enhancing and improving the physical environment in areas where the standard of living is abnormally low or where there is serious unemployment. The scheme aims to tackle problems said to have been caused by historically low demand creating low market values for commercial property by providing public support to “bespoke” (where the eventual occupier has been identified) development projects. This scheme will support bespoke development projects by encouraging identified occupiers of business premises to develop sites through “gap funding” (the difference between the estimated development costs and the estimated final value of the developed site) as the development costs will be greater than the actual market cost of the completed development. The scheme consists of 3 tools which can be used solely or in combination: (i) Area Regeneration – Provision of Land and Commercial Property is a “gap-funding” grant which will cover either in whole or part of the gap between development costs and the market value within the project; (ii) Area Regeneration - Business & Commercial Premises Improvement complements the first tool. Again it is a “gap funding” grant, in this instance to support the improvement or adaptation of business premises; (iii) Regeneration Services 2 where the UK authorities will undertake services to support or manage a physical regeneration project without cost or at less than cost price. In its assessment of this scheme, the Commission found that state aid could be present to property developers, investment companies, financial undertakings and any other undertakings that participate in bespoke property development projects. However, whilst state aid was present, the Commission in its decision concluded that the scheme was compatible with the guidelines on national regional aid and block exemption for SMEs. 22
Page 1 and 2: EUROPEAN COMMISSION DG Competition
Page 3 and 4: This Vademecum on regeneration seek
Page 5 and 6: discretionary powers for the applic
Page 7 and 8: socially desirable results 19 , whi
Page 9 and 10: capital or to promote venture capit
Page 11 and 12: specific and targeted support for s
Page 13 and 14: Annex 1 LIST OF CURRENT COMMISSION
Page 15 and 16: N657/1999 Business Infrastructure D
Page 17 and 18: C13/1999 Thüringer Landesentwicklu
Page 19 and 20: N656/1999 Partnership Development (
Page 21: N747/A/1999 Partnership Support for
Page 25 and 26: N546/B/2000 Partnership support for
Page 27 and 28: N680/2001 Property Support Scheme T
Page 29 and 30: NN78/2001 Urban Development Grant S
Page 31 and 32: C33/2005 Aid to the Marktpassagepla
Page 33 and 34: N497/2001 Grants for Owner Occupati
Page 35 and 36: N40/2003 Measures to Promote Certai
Page 37 and 38: obligation to discharge, and the ob
Page 39 and 40: N343/2005 Support for the revaloris
Page 41 and 42: The Commission has found that in th
Page 43 and 44: For Further Information: Decision:
Page 45 and 46: N24/2003 Improvement of industrial
Page 47 and 48: N85/2005 Soil rehabilitation of pol
Page 49 and 50: N560/2001 Brighton West Pier - Unit
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Page 53 and 54: N430/2002 Subsidies for the Improve
Page 55 and 56: N106/2005 Hala Ludowa in Wrocław T
Page 57 and 58: N200/2006 Aid scheme in favour of u
Page 59 and 60: N711/2001 Community Investment Tax
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Page 63 and 64: N271/2002 Rural renewal scheme The
Page 65 and 66: C13/2002 Stamp Duty Exemption for N
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Page 71 and 72: Fiche III - Regional aid Legal basi
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Fiche IV - Risk capital aid Legal b
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FICHE VI - Training Aid Legal basis
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For operating aid in the form of ta
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Fiche IX - Aid for research and dev
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DG State Aid – Control and Regeneraton of Deprived Urban ... - REVIT

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