Framework for State Aid for Research and Development and Innovation

The Framework for State Aid for Research and Development and Innovation is a set of EU rules that allows governments to support businesses in their research and innovation activities. It aims to promote economic growth by encouraging companies to invest in new technologies and ideas. This support can come in various forms, like grants or tax benefits, helping to lower costs and share risks. The framework ensures that such aid is provided fairly and does not distort competition in the market, ultimately benefiting both businesses and society through advancements and improvements in products and services.