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EU: 7 Member States set up EUR 1.2 billion scheme to support the development of cloud and edge computing technologies (IPCEI CIS)

Description

On 5 December 2023, the European Commission approved a EUR 1.2 billion (USD 1.3 billion) state aid scheme to support 19 companies in France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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