2008/126/EC: Commission Decision of 20 December 2006 on the aid to Investbx C 36/2005 which the United Kingdom is planning to implement (notified under document number C(2006) 5808) (Text with EEA relevance)
2008/126/EC: Commission Decision of 20 December 2006 on the aid to Investbx C 36/2005 which the United Kingdom is planning to implement (notified under document number C(2006) 5808) (Text with EEA relevance)
Decision · 3 articles
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
The aid which the United Kingdom is planning to implement in the form of a grant of GBP 3 million in favour of Investbx is compatible with the common market within the meaning of Article 87(3)(c) of the Treaty.
Implementation of the aid is accordingly authorised.
The United Kingdom shall submit an annual report on the implementation of the aid, which will include the following elements:
—
the number of SMEs for which capital was raised,
—
the volume of capital raised for each SME,
—
the volume of investment capital raised per type of investor, and
—
financial accounts.
At the end of the fifth year after setting up Investbx the United Kingdom shall inform the Commission whether Investbx was sold successfully to private investors through a public open and non-discriminatory tender process or whether it was closed down.