State Aid Modernisation (SAM)

State Aid Modernisation (SAM) is an initiative by the European Union aimed at streamlining and improving the rules governing government support to businesses. It seeks to ensure that such aid enhances economic growth and innovation, while minimizing market distortion. SAM focuses on allowing member states more flexibility in granting aid for projects that drive jobs and competition, especially in areas like research, development, and environmental sustainability. By modernizing these regulations, the EU aims to foster a more dynamic economy while keeping a balance between state support and fair competition among businesses.