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Finland 2014 2020 EU grants
The document discusses regional aid guidelines and maximum aid intensities for Finland between 2014-2020. It notes that 24.18% of Finland's population lives in sparsely populated areas eligible for regional aid. The Salo sub-region, accounting for 1.181% of the population, was also designated as an area undergoing structural change. The maximum aid for large companies is 15% in sparsely populated areas and 10% in Salo, and can be higher for SMEs. While the population coverage is lower than previously, the aid intensities remain the same.
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Finland 2014 2020 EU grants
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- 4. • A regionalaid map defines the regions of a Member State eligible for national regional investment aid under EU state aid rules and establishes the maximum aid levels (so-called "aid intensities") for companies in the eligible regions. Under the guidelines, Member States can make certain areas (such as sparsely populated areas or other areas were award of regional aid may be justified) eligible for aid to tackle their own regional disparities, provided that they comply with an overall population coverage ceiling. Finland grant percentages
- 5. • The newmap will be in force between 1 July 2014 and 31 December 2020. It covers sparsely populated areas accounting for 24.18% of Finland's population. Finland has also designated the Salo sub-region as an area undergoing a major structural change with a total population of 64,087 or 1.181% of the national population. As Finland was entitled to a population ceiling of 1.85% under this latter category, this leaves a reserve of 0.669% for designating other areas in need. • The maximum level of aid that can be granted to investment projects carried out by large companies is 15% of total investment costs in sparsely populated areas and 10% in the Salo subregion. For investments carried out by SMEs, these percentages can be increased. • While the population coverage is lower than in the previous aid map (by around seven percentage points), the overall aid intensities have remained the same, with the Salo sub- region being designated for the first time. This is in line with the objectives of the new regional aid guidelines, which aim at focusing support on the most disadvantaged regions of Europe. Finland grant percentages
- 6. Budget breakdown Europe €- € 20,000 € 40,000 € 60,000 € 80,000 € 100,000 € 120,000 Belgium Bulgaria CzechRepublic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus Latvia Lithuania Luxembourg Hungary Malta Netherlands Austria Poland Portugal Romania Slovenia Slovakia Finland Sweden AstitelX1.000 Total national spending Other Rural development (7) CAP Direct payments CAP European Territorial Cooperation Regions
- 7. PA submitted noOP’s PA & OP’s submitted Czech republic PA 17/04 Italy: PA 22/04 Spain: PA 22/04 Croatia: PA 22/04 Ireland: PA 22/04 Luxemburg : PA 30/04 Romania: PA 01/04 France: PA 14/01 and all 32 OPs submitted Portugal: PA 04/02 and all ten OPs submitted Lithuania: PA 04/01 and their one OP submitted Finland: PA 17/02 and their one OP submitted Hungary: PA 07/03and all five OPs submitted Netherlands: PA 10/03 and all four OPs submitted Malta: PA 01/04 and one OP submitted Bulgaria: PA 02/04and all four OPs submitted Slovenia: PA 10/04and their one OP submitted Sweden: PA 17/04 and nine OPs submitted Austria: PA 17/04 and their one OP submitted United Kingdom: PA 17/04 and three OPs submitted Belgium: PA 23/04and two OP submitted Adopted PA no OP’s Adopted PA OP’s submitted Greece: PA adopted 23/05 Cyprus: PA adopted 20/06 Poland: PA adopted 23/05 and all 21 OPs submitted Latvia: PA adopted 20/06 and their one OP submitted Slovakia: PA adopted 20/06 and all five OP submitted Germany: PA adopted 22/05 and 15 OPs submitted Estonia: PA adopted 20/06 and their one OP submitted Denmark: PA adopted 05/05 and their one OP submitted Current status Europe Partnership Agreements & Operational Programmes
- 8. Allocated funds 2014-2020 ALLAMOUNTS x 1.000
- 9. • Partnership agreementsubmitted in february and all OP’s submitted • Adoption of OP’s by European commission in Q3 2014 • Expected first grant calls Q4 2014 for funding priorities related to Op’s Planning
- 10. Budget breakdown Europe €- € 20,000 € 40,000 € 60,000 € 80,000 € 100,000 € 120,000 Belgium Bulgaria CzechRepublic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus Latvia Lithuania Luxembourg Hungary Malta Netherlands Austria Poland Portugal Romania Slovenia Slovakia Finland Sweden AstitelX1.000 Total national spending Other Rural development (7) CAP Direct payments CAP European Territorial Cooperation Regions Budget breakdown Europe
- 11. HUDSON: Financial Incentives Wantto receive updates on future grant calls or want more information about pan-european grant, FDI & tax possibillities from the European Union? Send an email to joost.holleman@hudson.com or edwin.aelberts@hudson.com Hudson Financial Incentives