Global Trade Alert
Global Trade Alert

Denmark: European Innovation Council provides NIL Technology APS with equity

Announcement

24 Feb 2021

In February 2021, the European Commission announced support in the form of equity to NIL Technology APS as part of the European Innovation Council and its fund (see related state act).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

24 Feb 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 24 February 2021, the European Commission announced support in the form of equity to Danish company NIL Technology APS to the value of EUR 15 million (approx. USD 18.2 million). The equity is meant...

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