IPCEIs may represent a significant contribution to economic growth, jobs, the green and digital transition and competitiveness for the Union industry and economy. IPCEIs make it possible to bring together knowledge, expertise, financial resources, and economic actors throughout the Union and create positive spillover effects to the whole Union.
Following Article 107(3)(b) of the Treaty on the Functioning of the European Union (TFEU), aid to promote the execution of an important project of common European interest or to remedy a serious disturbance in an economy of a Member State may be considered compatible with the internal market.
In 2021, the Commission published the currently applicable Communication on the criteria for the analysis of the compatibility with the internal market of State aid to promote the execution of IPCEIs (OJ C 528, 30.12.2021, p. 10–18). See also the press release.