Global Trade Alert
Global Trade Alert

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United Kingdom: Introduction of funding to support British companies’ participation in EU’s Chips Joint Undertaking

Description

On 13 March 2024, the UK Department for Science, Innovation and Technology announced the allocation of GBP 35 million (USD 45 million) to British semiconductor researchers and businesses to enable the...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Mar 2024

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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