Read the untranslated law here: http://rkrattsbaser.gov.se/sfst?bet=2012:872
section 1 of the regional development companies may, in accordance with the Act (1994:77)
If the decision-making power for the Regional Development Corporation, in its
areas of activity decide on funding in the form of contributions of
equity capital on a commercial basis or support pursuant to this regulation.
Funding may be provided in order to promote innovation in business
and the establishment of new businesses, as well as for the development of small and medium-sized
The regional development companies is Almi företagspartner AB
(parent company), a company incorporated in its group and associated companies.
For such support as the work of enterprise development granted under
Regulation (1995:1254) concerning State aid to technological research,
industrial development and inventive activity, but where the
loan receivable transferred to the parent company or any company incorporated in
its Chief Executive, this Regulation shall apply mutatis mutandis.
section 2 of the financing may be provided within the limits laid down by the parent company and in
subject to availability of funds, which the parent company owns or possesses.
The regional companies shall, in its financing activities search
collaboration with other agencies to achieve effective financing solutions
and limit their own effort and risk level.
Financing through injection of equity capital on a commercial basis
section 3 of the investment in the form of equity capital and ägarkapitalliknande
financing shall, subject to this regulation, be at
commercial basis. The requirement on commercial basis is satisfied if a
individual investments in portfolio companies is carried out at the same time and with a minimum of
as large amounts of at least one private commercial operator on equal terms.
For each such investment shall be
1. a business plan with information about products, sales,
profit development and estimated profitability, as well as
2. an elaborate plan for exit from the investment.
General provisions on payments
section 4 of the assistance under this regulation is submitted in support of the less
importance in accordance with the conditions and restrictions
resulting from Commission Regulation (EC) No 1407/2013 of
18 december 2013 on the application of articles 107 and
108 of the Treaty on the functioning of the European Union to support
of less importance.
However, under section 14 of the aid be provided in accordance with the
conditions and restrictions set out in chapters I and
Article 22 of Commission Regulation (EC) No 651/2014 of
17 June 2014 declaring certain categories of aid
compatible with the common market under articles 107 and
108 of the Treaty. Regulation (2015:209).
paragraph 5 of the terms and expressions used in this regulation were
the same meaning as in Commission regulations (EC) no
1407/2013 and (EC) No 651/2014.
With repayable advances under this
Regulation a loan for an eligible project, which
be paid in one or more instalments and the conditions for
repayment depends on the results of the project.
section 6 of the aid under this Regulation may be submitted in the form of grants,
advice, loans, guarantees, advances with
the repayment obligation or investments in the form of private
equity or quasi-equity.
The applicant for aid in connection with the application, inform
If other financial aid has been applied for or obtained for
the same purpose.
Aid may cover an entire or part of a project. A decision
If the aid may be subject to conditions for the aid. Such conditions
evidenced by the decision. Regulation (2015:209).
7 § in the case of loans, the method set out in the European
Commission communication on the revision of the method for
determine the reference and discount rates used to
determine the market interest rate and to calculate the aid
grant equivalent. This method should also be used for support in
the form of repayable advances. If
refund fully or partly remitted to the
ensure that the grant equivalent of the aid does not exceed the
the levels set out in this regulation. For aid in the form of
guarantee the amount that the guaranteed loan or
overdraft refers to constitute aid
grant equivalent. For aid in the form of investment in the form of
equity or equity-terms
the amount awarded is equivalent to the grant equivalent of the aid.
When aid intensities provided under this regulation is determined to further
taking into account other public financial support has
for the same purpose or the same
investment projects. The total aid may not
exceed the levels set out in this regulation.
Aid levels should be determined for each beneficiary. The
support levels determined whether an eligible
projects financed by State resources, or if the
part-financed by the European Union.
An aid under this Regulation may not be paid to a
companies that are subject to recovery orders due
decision of the Commission declaring an aid
illegal and incompatible with the internal market.
section 8 For loans should it security be required as may require with respect to the
the borrower's financial situation, the need of reasonable economic freedom of movement
and other circumstances.
If there are special reasons, the loans provided without collateral, or be made worse
precedence than other creditors.
§ 9 Warranty can be given for the loan or overdraft in Swedish or
foreign currency in a credit institution that are accepted by the company
decide on the funding. The guarantee may cover up to 80% off
the loan or overdraft.
The guarantee may be granted only if the loan or overdraft is set
security to the same extent as required for loans under section 8. The safety of
the loan or overdraft shall apply also to the warranty.
Specific provisions relating to support
Aid to promote the establishment of new companies
10 § Support may be provided to promote the establishment of new companies in connection
with a business owners start their business. Such support may be provided in
the form of a loan or guarantee. If there are special reasons, aid cover
the entire funding gap.
Support for the development of existing companies
11 § Support may be provided for the purpose of developing existing businesses. Such support
may be provided in the form of a loan or guarantee.
The aid may cover no more than 80 percent of the estimated funding gap.
If there are special reasons, aid may cover the entire funding gap.
If the aid is provided to cover capital needs in the context of a corporate
export venture gets the cover up to 90 percent of the estimated
the funding gap.
Support for innovation projects
section 12 of Aid may be provided for innovative projects relating to a product or
service to develop a first prototype or actions designed
to commercialization of the project. The aid must be used for costs
for product and service development, protection of intellectual property assets
or for market research. Such assistance is provided in the form of loans.
The repayment obligation for support pursuant to the first paragraph, remitted
in whole or in part if the beneficiary has shown that the conditions are missing
to profitably exploit the project results. If the loan remission in whole or
in part, paragraph 7 of the first paragraph shall not apply. The amount of the aid must be in
rather than be the actual amount is waived.
Support in the case of advisory initiatives and feasibility studies
13 § Support may be provided in terms of advisory services relating to business development.
The advice should be works and designed to
meet companies ' needs as they cannot be met by other
commercial operators on the market. Such support takes the form of
advice or assistance to counseling. The aid may cover the full cost
Aid in the form of grants may also be given to the feasibility studies. The aid may cover
the full cost of the feasibility study.
Support for start-ups
section 14 assistance to start-ups may be provided in accordance with
the conditions laid down in chapter i and article 22 of
Commission Regulation (EU) 651/2014. Regulation (2015:209).
15 repealed by Regulation (2015:209).
16 repealed by Regulation (2015:209).
section 17 was repealed by Regulation (2015:209).
section 18 is repealed by Regulation (2015:209).
Other provisions on aid
section 19 of the recipient of the aid paid pursuant to this regulation are
repayment required if
1. the applicant for aid by misrepresentation or otherwise
caused to the aid given incorrectly or with excessive amounts,
2. the aid for any other reason provided incorrectly or with excessive amounts and
the recipient reasonably should have known this,
3. it turns out that it's not been the conditions for aid and the
seeking support should have known this, or
4. the terms and conditions of the aid have not been respected.
If a beneficiary is the repayment obligation referred to in the first subparagraph, shall
the regional development companies that have paid out the aid may decide to completely
or partially recover the aid. If there are special reasons,
requirement to refund fully or partly remitted.
section 20 is repealed by Regulation (2013:484).
section 21 of that indicated on the disclosure of government agencies in section 22 of the Ordinance (1988:764) on State aid to industry is also applied for the regional development companies. The same applies in the case of regulations on
such a disclosure that has been issued pursuant to section 23 of the regulation.
section 22 regional development company shall keep records
referred to in
1. Article 12 of Commission Regulation (EC) No 651/2014;
2. Article 6(4) of Commission Regulation (EC) No 1407/2013.
In case of an application for aid under Commission Regulation (EU)
No 1407/2013, the company shall provide the information to the
the company, which is clear from article 6(1) of that regulation.
section 23 in respect of assistance under this regulation, the regional
development companies apply the following provisions of the administrative procedure act
-paragraphs 11 and 12 of his disqualification,
-16 and 17 sections of a party's right to receive information, and
-section 21 relating to the notification of the decision.
paragraph 24 of the Decision pursuant to this Regulation may not be appealed.
This Regulation shall enter into force on 15 January 2013. By
the regulation repeals regulations (2009:41) for State
financing Almi företagspartner AB and company
in its group and (2009:268) if State funding through
Innovationsbron AB and its subsidiaries.
1. this Regulation shall enter into force on May 1, 2015.
2. Older provisions applicable to aid for young,
innovative companies decided before the entry into force.
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