Consultation document on state aid for innovation

As set out in the State Aid Action Plan, Innovation is related to a process connecting knowledge and technology with the exploitation of market opportunities for new or improved products, services and business processes compared to those already available on the common market, and encompassing a certain degree of risk. The present document launches a consultation designed to gather stakeholders views on specific improvements in the rules on State aid for innovation, including clarifications to increase legal certainty, new funding possibilities for innovation, the formulation of criteria to target the aid more effectively, and simplification of the regulatory framework.