State aid – Decision to raise no objections

(2021/C 234/04)

The EFTA Surveillance Authority raises no objections to the following state aid measure:

Date of adoption of the decision

18 March 2021

Case No

86433

Decision No

019/21/COL

EFTA State

Norway

Title (and/or name of the beneficiary)

COVID-19 - Aid scheme for the event industry

Legal basis

The national legal basis is a Parliamentary Decision and a letter of assignment to Innovation Norway from the Ministry of Trade, Industry and Fisheries

Type of measure

Scheme

Objective

Providing access to liquidity for undertakings facing a sudden shortage of liquidity due to the impact on the economy of the COVID-19 outbreak.

Form of aid

Grants

Budget

NOK 50 million

Intensity

—	Up to 80 % of the eligible costs for small and medium sized businesses.

—	Up to 70 % of the eligible costs for large enterprises.

—	The costs for tangible and intangible assets necessary for project implementation up to a maximum of 50 %.

—	Aid for feasibility studies are limited to NOK 500 000 per undertaking.

Duration

From 18 March 2021 to 31 December 2021.

Economic sectors

—	catering activities (NACE 56.210)

—

film, video and television production (NACE 59.110)

—	programming services (NACE 62.010)

—	specialised design activities (NACE 74.1)

—	rental and leasing activities (NACE 77)

—	private security activities (NACE 80.1)

—	organisation of conventions and trade shows (NACE 82.3)

—	other business support service activities not elsewhere classified (NACE 82.990)

—	services related to entertainments activities (NACE 90.020).

Name and address of the granting authority

Innovation Norway

Pb. 448 Sentrum,

Akersgata 13,

0104 Oslo

NORWAY

The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s website:

http://www.eftasurv.int/state-aid/state-aid-register/decisions/