General Description of the Aid available

Aims and Aid Scheme

To support and enhance the visibility of the business angels networks that provide high-quality services in a transparent, regular manner to both entrepreneurs and investors in order to broaden and facilitate the access of small- and medium-sized companies to new sources and forms of financing.

This aid is in the form of subventions.

The 2011 call for applications will be for one year and a single assessment and resolution procedure will be followed.

The system used for awarding aid will be competitive tendering in accordance with the principles of advertising, transparency, equality, and non-discrimination.