Authorisation for State aid pursuant to Articles 87 and 88 of the EC Treaty

Cases where the Commission raises no objections

(2004/C 56/03)

Date of adoption of the decision: 3.2.2004

Member State: Italy

Aid No: N 384/03

Title: Aid to favour the access of agricultural SME to risk capital

Objective: To set up a risk capital fund to promote the access of agricultural SME to risk capital in the form of the acquisition of minority shareholdings, participatory loans and the participation of the fund as partner in other risk capital funds investing in SME engaged in agricultural activities

Legal basis: Progetto di Decreto recante regime di aiuto finalizzato a favorire l'accesso al mercato dei capitali alle imprese agricole e agroalimentari

Budget: EUR five million per year until 2005

Aid intensity or amount: As indicated in the letter to the Member State

Duration: 10 years

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at

http://europa.eu.int/comm/ secretariat_general/sgb/state_aids