IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 01 Jan 2018 | Removal date: 31 Dec 2020
Still in force

Financial grant

On 1 January 2018, the Flemish government of Belgium introduced a scheme providing financial grants to companies in the Flemish region (VLAAMS GEWEST). The financial grants provide a percentage of the cost of R&D partnership projects between companies and research organisations. The research and development shall be able to be classified under one or more of the following categories as defined by General Block Exemption Regulation of the European Union: industrial research, experimental development or feasibility study.

The total annual budget is EUR 30 million (USD 36 million). The scheme is in force from 1 January 2018 to 31 December 2020.

AFFECTED COUNTRIES

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