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ARTICLE · 29 APRIL 2020

EU State Aid Boost For Covid-19 Related Research

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On Friday 3 April, the European Commission (the "Commission") published an amendment to its Temporary Framework for State aid measures to support the economy of Member States in the current Covid-19

European UnionCoronavirus (COVID-19)
Diarmaid Gavin
Diarmaid Gavin
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On Friday 3 April, the European Commission (the "Commission") published an amendment to its Temporary Framework for State aid measures to support the economy of Member States in the current Covid-19 outbreak (the "Temporary Framework").  Among the amendments introduced was a new "Section 3.6 – Aid for COVID-19 relevant research and development".  

Under this section the Commission will consider compatible with the internal market, aid for R&D projects carrying out COVID-19 and other antiviral relevant research including projects having received a COVID-19-specific Seal of Excellence quality label under the Horizon 2020 SME-instrument provided certain conditions are met. The aid may take the form of direct grants, repayable advances or tax advantages.

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