Regional Aid

Regional Aid refers to financial support provided by governments to businesses in less developed areas to stimulate economic growth and create jobs. Within State Aid Law, it aims to balance economic disparities across regions by helping companies invest, expand, or maintain operations in these areas. This assistance can take various forms, such as grants, tax breaks, or low-interest loans, and is often tailored to encourage investment in regions facing challenges like high unemployment or low income levels. The goal is to foster development and improve living conditions in those regions while adhering to legal guidelines.