Summary information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 736/2008 of 22 July 2008 on the application of Articles 87 and 88 of the Treaty to State aid to small and medium-sized enterprises active in the production, processing and marketing of fisheries products
Date: 2013-09-17
Institutions: European Commission
Subjects: Denmark, State aid, aquaculture, control of State aid, fishery product, inland waters, investment aid, sales promotion, small and medium-sized enterprises








C_2013268EN.01002201.xml










17.9.2013   


EN


Official Journal of the European Union


C 268/22





Summary information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 736/2008 of 22 July 2008 on the application of Articles 87 and 88 of the Treaty to State aid to small and medium-sized enterprises active in the production, processing and marketing of fisheries products
2013/C 268/04
Aid No: SA.36759 (13/XF)
Member State: Denmark
Region concerned: Denmark
Title of aid scheme: Vækstkaution
Legal basis: Consolidation Act No 549 on Vaekstfonden of 1 July 2012 (as amended), Order No 1013 on the activities of Vaekstfonden of 17 August 2007 as amended by Order No 237 of 17 March 2010 and Bill No 54 adopted by the Danish Parliament's Finance Committee on 13 December 2012.
Annual expenditure planned: DKK 0 million(s)
Aid intensity: 18,92 %
Date of entry into force: 
Duration of aid scheme: 
Objective of aid: 






—


Productive investments in aquaculture (Article 11 of Regulation (EC) No 736/2008)










—


Aqua-environmental measures in the fisheries and aquaculture sector (Article 12 of Regulation (EC) No 736/2008)










—


Inland fishing (Article 15 of Regulation (EC) No 736/2008)










—


Processing and marketing in the fisheries and aquaculture sector (Article 16 of Regulation (EC) No 736/2008)










—


Investments in fishing ports, landing sites and shelters (Article 19 of Regulation (EC) No 736/2008)










—


Development of new markets and promotional campaigns in the fisheries and aquaculture sector (Article 20 of Regulation (EC) No 736/2008)




Articles referred to in the measures under the aid scheme giving rise to State aid: Article 11 of Regulation (EC) No 736/2008
Activity concerned: —
Name and address of the granting authority: 
Website: www.vf.dk/For%20virksomheder/Vaekstkaution
www.vf.dk/For%20virksomheder/Vaekstkaution/Hvem%kan%soege/Fiskeri%20og%20akvakultur
Motivation: The Vækstkaution ('Growth Guarantee') scheme is a flexible funding scheme run in collaboration with ordinary commercial banks. The scheme provides aid in the form of guarantees. The guarantees cover up to 75 % of the outstanding loan which may not exceed DKK 2 million. The grant equivalent calculated in the guarantee scheme is notified to and approved by the European Commission, see SA.35809 (2013/N). The average aid intensity is thus 18,92 % of the guarantee. The scheme applies to all sectors including primary industries. The total budget for the scheme in the 2013-15 period is DKK 200 million. The Danish authorities are aware that aid will cease to be exempt under Regulation (EC) No 736/2008 by no later than 30 June. If any growth guarantees are granted after that date, the Danish authorities undertake to ensure that the scheme complies with the relevant rules in force.