Research, Development and Innovation Aid

Research, Development and Innovation Aid refers to financial support provided by governments to companies for projects that involve scientific research, developing new products, or enhancing existing ones. In the context of State Aid Law, this assistance must comply with certain rules to ensure fair competition and avoid unfair advantages. The goal is to encourage businesses to invest in innovation, ultimately benefiting the economy and society. However, the aid must not distort competition excessively, meaning it should be designed to level the playing field among businesses rather than give some an unfair edge.