What are the precise measures the Commission is considering?
Six measures are put forward in the consultation document: 1) support for the creation and growth of innovative start-ups. Innovative start-ups are most affected by the market failures hampering innovation. In order to limit the bureaucratic burden they face, and to limit the risk of supporting failing projects for too long, the Commission proposes to authorise state aid to support innovative start-ups for a limited duration through tax exemptions and subsidies of up to €1 million over three years. 2) additional flexibility for state aid to risk capital: it is already possible to give state aid for risk capital. The Commission considers making the rules more flexible, notably for the very early project stages (where private investors are extremely reluctant to invest), and for the development phase (where additional funding in Europe is often missing to help start-ups grow). 3) expanding the scope of current state aid rules for Research and Development and authorising state aid for SME
