UK Umbrella State Aid Granted by European Commission

Broadband Delivery UK (the organisation responsible for delivering the £52 million of public funding for the Connecting Devon and Somerset Project) has been granted State Aid* clearance by the European Commission. This allows Broadband Delivery UK (BDUK) to approve local State Aid* applications themselves, taking Connecting Devon and Somerset a step closer to achieving local State Aid* clearance for the programme.

See www.culture.gov.uk/news/news_stories/9533.aspx for further details.

 

Notes (as stated on www.culture.gov.uk)

* State Aid refers to forms of assistance from a public body, or publicly-funded body, given to selected undertakings (any entity which puts goods or services on the given market), which has the potential to distort competition and affect trade between member states of the European Union.

The European Commission monitors and controls State Aid in the EU.  Member States are obliged to notify and seek approval from the Commission before granting State Aid. This gives the Commission the opportunity to approve or refuse to approve the proposed measure.

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