Cabinet of Ministers Regulations No. 415 Riga 2014 (July 22. No 40 2) amendments to the Cabinet of Ministers of 25 November 2008 regulations no 983 "rules on the granting of aid for technology transfer and venture capital" are Issued in accordance with the Cabinet of Ministers Act article 31 equipment, first paragraph, point 3 to make a Cabinet of 25 November 2008 No. 983 "provisions of the rules concerning the granting of aid for technology transfer and venture capital" (Latvian journal, 2008, no. 192; 2011, 2012 99. no; 89., no; 2013, 250. No.) the following amendments: 1. Express 2 and 3 by the following: "2. preparation for equity funds and the provisions referred to in paragraph 21.4 of the growth equity funding is provided in accordance with the Commission on 18 December 2013 Regulation (EU) No 1407/2013 for the Treaty on the functioning of the European Union and article 107.108. application of the de minimis aid (hereinafter referred to as Commission Regulation No 1407/2013) (Official Journal of the European Union , 2013 December 24, no. L 352). 3. home equity funds and venture capital funds in venture funding is provided in accordance with the agreements on the management of the Fund in accordance with the Commission's June 17, 2014 Regulation (EU) No 651/2014, by which certain categories of aid compatible with the internal market, the application of the Treaty and article 107.108 (hereinafter referred to as Commission Regulation No 651/2014) (Official Journal of the European Union, 2014 26 June, no L 187) 58. Article 4, point. " 2. To supplement the provisions under point 3.1, the following wording: "3.1 this rule 34.5 points in growth equity investments for regional aid in accordance with Commission Regulation No 651/2014." 3. Express 6, 6.1, 7, 8 and 9 in paragraph by the following: "6. the seed capital funds investment fund's investment does not exceed eur 10 000 000.
6.1 the growth capital funds investment fund's investment does not exceed 30 000 000 euro.
7. Seed capital funds investment fund investment does not exceed eur 4 032 182. 8. Risk capital funds trust fund investments should not exceed 20 000 000 euro. 9. This provision within the investment funds and small (micro), small and medium-sized komersanto can take up to 31 December 2020. The European regional development fund within the framework of these provisions can provide up to august 31, 2015. " 4. Make the following paragraph 11: "the meaning of these provisions 11 tiny (micro), small and medium-sized merchants is merchants who comply with Commission Regulation No 651/2014 the definition set out in annex 1." 5. Supplement to chapter I, paragraph 11.1 the following: "the meaning of these provisions related 11.1 are agents of economic activity that corresponds to Commission Regulation No 1407/13 paragraph 2 of article 2 laid down in" one single company "definition." 6. To express the following paragraph 12: ' 12. Seed Capital Fund and the provisions referred to in paragraph 21.4 of the growth capital fund is not eligible under the following sectors and activities: 12.1. Commission Regulation No 1407/2013 article 1, first paragraph, "a", "b", "c", "d" and "e" in certain sectors and activities; 12.2. the vehicle, personal items, household hardware and household equipment rental; 12.3. vehicle and transport equipment the purchase of operating workers operating in the transport sector; 12.4. operations with real estate, unless funding is assigned to the real estate industrial development; 12.5. gambling and betting; 12.6. weapons, tobacco, alcoholic beverages, and trade; 12.7. electricity and heat. " 7. Replace the introductory part of paragraph 13, the words and "seed capital funds, venture capital funds and the provisions referred to in paragraph 21.4 growth capital" with the words "the seed capital and venture capital". 8. Delete paragraph 13.1 and 13.2. 9. Express 13.3. subparagraph by the following: "13.3. vehicle, personal effects, household equipment and household equipment hire;". 10. To supplement the provisions under section 13.3.1 and 13.3.2 as follows: "operations 13.3.1 real estate, except in the case where funding is assigned to the real estate industrial development; 13.3.2 vehicle and transport equipment the purchase of operating workers operating in the transport sector; ". 11. Delete paragraph 13.6. 12. Delete paragraph 13.1. 13. Express 13.2 points as follows: "this rule 34.5 13.2 above growth capital fund is not eligible under the following sectors and activities: 13.2 1. Commission Regulation No 651/2014 1. laid down in paragraph 2 of article; 13.2 2. Commission Regulation No 651/2014 article 3 paragraph 1 in specific sectors; 13.2 3. Commission Regulation No 651/2014 "a" of article 13 States of the sector; 13.2 4. vehicle, personal effects, household equipment and household equipment rentals; 13.2 5. vehicle and transport equipment the purchase of operating workers operating in the transport sector; 13.2 6. operations with real estate, unless funding is assigned to the real estate industrial development; 13.2 7. gambling and betting; 13.2 8. weapons, tobacco, alcoholic beverages, and trade; 13.2 9. electricity and heating; 13.2 10. operators subject to recovery orders referred to in Commission Regulation No 651/2014 article 1 paragraph 4 "a" above. " 14. To complement the chapter II with 13.3 points as follows: "seed capital fund 13.3, seed capital funds, venture capital funds and growth capital fund within the support can not get: 13.3 1. trader who has tax arrears. This restriction does not apply if the economic operator has agreed with the State revenue service on tax debt repayment schedule and fulfil the conditions of this agreement; 13.3 2. merchant who is declared by a Court of insolvency proceedings or the judgment of the Court is the legal protection process, or by a decision of the Court of Justice is an out-of-court redress process, having previous bankruptcy, reorganisation or appropriate arrangement, or that the business has ended; 13.3 3. merchant who on the date of submission of the application the damage exceeds half of the share capital and the loss of the last 12 months – a quarter of the capital, and found this rule 13.3 5. signs referred to; 13.3 4. Merchant, which according to the last two years, the financial statements and the last available operational financial statements on the day of the application are ailing, merchant signs – damage increase, the reduction in turnover, declining cash flow, debt, interest payments rise, stock inventories, low liquidity, falling or zero value of assets – and found this provision 13.3 5. signs referred to; 13.3 5. merchant who is not able to cover the losses from its own resources or with the funds it is able to obtain from its members, shareholders, members or creditors, and it could not stop losses, without which national authorities external intervention in the short or medium term will cause the merchant could not continue. " 15. Express 31 the following: "31. Investment loan made in the form of equity or quasi-equity financial instruments, or form." 16. paragraph 33 be expressed as follows: "33. Seed capital funds investment in the economic operator's group of persons shall not exceed the Commission Regulation No 1407/2013 article 3 set out in paragraph 2. The investment amount can be reduced, if necessary, to ensure that this provision is within the de minimis aid received together with the de minimis aid received other support programmes to one economic operator linked to the group in the fiscal year concerned and the two previous years does not exceed the Commission Regulation No 1407/2013 article 3 paragraph 2 ceilings. " 17. Replace the text of subparagraph 1 34.5 "No 800/2008 article 12 paragraph 2" with the text "No 651/2014 point 8 of article 14". 18. Replace the text of subparagraph 2 34.5 "No 800/2008 article 13, paragraph 2," with the text "No 651/2014 article 14, paragraph 5". 19. Replace the text of subparagraph 3 34.5 "No 800/2008 article 8, paragraph 2," with the text "No 651/2014 6. in paragraph 2 of article". 20. Replace 34.5 4. point: 20.1. number and the word "70 percent" with a number and the word "55 percent"; 20.2. the number and the word "60 percent" with a number and the word "45 percent." 21. Make the following paragraph 21.6, "21.6 growth capital fund investment provided under this provision the purpose mentioned in paragraph 21.4, one economic operator linked to the Group of persons shall not exceed the Commission Regulation No 1407/2013 article 3 set out in paragraph 2. The investment amount can be reduced, if necessary, to ensure that this provision is within the de minimis aid received together with the de minimis aid received other support programmes to one economic operator linked to the group in the fiscal year concerned and the two previous years do not exceed the Commission Regulation No 1407/2013 article 3 paragraph 2 ceilings. " 22. Replace paragraphs 22.1 21.6: the number "1 300 000 1 500 000" with the number ""; 22.2. the text "No 800/2008" with the text "No 651/2014". 23. To supplement the rules by 36.1 points as follows: "36.1 the beginning equity investments carried out in the framework of equity or quasi-equity financial instruments." 24. To supplement the rules by 42.1 points as follows: ' 42.1 venture capital fund investments made in the framework of equity or quasi-equity financial instruments. " 25. Delete paragraph 48. 26. paragraph 49 be expressed as follows: "49. Seed capital funds, venture capital funds and the provisions referred to in paragraph 21.4 of the growth capital fund within the support can be combined with: 30.5. other State aid, unless these measures relate to different identifiable eligible costs; 30.6. other State aid in relation to the same eligible costs, which partially or completely overlap, only if such combination is not exceeded as a result of greater under these rules and Commission Regulation No 651/2014 the funding intensity or the maximum amount of public funding; 30.6. the support which eligible costs not identifiable and which, in accordance with Commission Regulation No 651/2014 21, 22 and 23 of the exemption is granted, may be combined with other State aid, that the eligible costs are determined. The support that the eligible costs are not identifiable, may be combined with other State aid, which is not detectable in the eligible costs, shall not exceed the upper limit of the total funding, as appropriate, the particular conditions laid down in Commission Regulation No 651/2014 or other Commission block exemption regulation or decision. " 27. Supplement with 30.5, 30.6 30.6 30.7 points, and by the following: "these provisions within 30.5 regional investment aid can not receive if he is finished with the same or similar activities in the EEA two years before the regional investment aid or aid applications to the application at the time of the specific plans to end such activity within two years from the date on which the area completed the initial investment for which aid is requested. Any initial investment 30.6 that beneficiary under these rules as a result of the aid received is started within a period of three years from the date of the start of work to support other investment at the same nuts 3 region, considered part of a single investment project. If this single investment project is a big investment project aid single investment project shall not exceed the Commission Regulation No 651/2014 of large investment projects, the maximum amount of the aid. within these rules 49.3 received European Union funds may be combined with other features of the European Union financed programmes or individual aid project funding for the same cost. 49 If the merchant that rule 34.5 points of that growth capital fund within the regional aid received investment combined with other aid for the same eligible costs according to the provisions of this paragraph, the 49 he ensure that invested 25% of its own resources or external resources that do not receive any public support, including not received a guarantee of a State or local government , State or local government issued credit on preferential terms. " 28. Replace the text of paragraph 50 "no 1998/2006, article 2, paragraph 2," with the text "No 1407/2013 3. in paragraph 2 of article". 29. To supplement the rules by 50.1 point as follows: "economic enforcers of 50.1 in the case of a merger, each takes into account all the merged operating reviewer de minimis aid already granted. Economic operator in the case of the Division of de minimis aid received is attributed to the economic actors that de minimis aid as a result of receiving the benefit and who takes over the operation, which was originally used for de minimis aid initially, or if that is not possible, the application of de minimis aid received attributed proportionally on the basis of the business operator of the book value of equity in the distribution of the actual date. " 30. Replace paragraph 51, the words ' no 800/2008 article 10 paragraph 2 "with the text" No 651/2014 12 ". 31. Replace paragraph 52 the text "no 1998/2006, article 3 paragraph 3" with the text "No 1407/2014 6. paragraph 4 of article". 32. paragraph 53 be expressed as follows: "53. before receiving aid under these regulations shall submit to the financial intermediary traders statement in accordance with the laws and regulations on de minimis form samples and de minimis and modalities of any of the Commission of 15 December 2006, Regulation (EC) No 1998/2006 on 87 and 88 of the Treaty, article on the application of the de minimis aid or to Commission Regulation No 1407/2013 the support received as well as information on the merchant in advance the support of investment projects or other State aid and information on applications for aid for initial investment in other aid scheme or individual aid projects, for which the responsible authority has not yet made a decision on the grant or refusal of the aid be granted. " 33. To supplement the provisions under paragraph 55 as follows: "55. Limited liability company" Latvian guarantee agency "published State aid website for information on this issue in the framework of the provisions of the aid pursuant to Commission Regulation No 651/2014 article 9, paragraph 1 and 4, as well as the availability of this information provides 10 years from the date on which this rule is assigned to the last." The Prime Minister is the Rapidity of economic Newsletters Minister Vyacheslav dombrovsky