Press Release: State aid: Commission endorses German aid scheme for tenants of technology centres and incubators

The European Commission on 3 May 2005 authorised, under EU state aid rules, an aid scheme in Germany amounting to approximately €120 Million per year for newly created or technology-oriented small and medium-sized enterprises using the services of technology centres, incubators and industrial centres. Although the project was designed to provide public support for the creation or development of such centres, companies using their services would in fact be the sole beneficiaries of the aid.