Regional
Selective Assistance and Enterprise Grant
The recent relaxation of the European Commission's state aid guidelines
has resulted in changes to RSA assessment policy.
It is now acceptable for certain intangibles, such as the acquisition
of technological know how, to be considered as eligible expenditure.
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Commission
to Impose New Restrictions on State Aid for Large Projects
The European Commission have announced that, as from 1st January
2004, the limits on capital state aids will be tightened. The
deadline for the automobile and synthetic fibres sector will come
into force on 1st January 2003.
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Fundamental changes to RSA in Scotland
The Scottish Executive have announced far reaching changes to
the capital grants system. The overall objective is to direct
funding to high-tech businesses in recognition of a lessening
of demand by the large inward investors.
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