Image for State Aid Guidelines for R&D

State Aid Guidelines for R&D

State Aid Guidelines for R&D are rules set by the European Union to ensure that government support for research and development projects promotes innovation without unfairly distorting competition. These guidelines help define what kinds of financial assistance, like grants or tax incentives, can be provided to businesses engaging in R&D activities. The aim is to encourage investment in new technologies, foster collaboration between public and private sectors, and ensure that aid is targeted, effective, and not overly generous, which could give certain companies an unfair advantage over others in the market.