Updates to the regulation of de minimis aid in financing – how these changes will affect you

Finnvera’s financing decisions include imputed de minimis aid. The EU Commission’s regulation for this aid will be amended on 1 January 2024. These changes are related to various areas, such as company-specific maximum aid amounts. This article details the ways in which these changes will be visible to companies that receive financing decisions.

The imputed de minimis aid included in Finnvera’s financing means that the price of the financing granted to the company is lower than the EU’s market price level. In the case of an entrepreneur loan granted to a private individual, the aid for the loan is accrued by the company associated with the entrepreneur loan. 

The specific details of de minimis aid are explained in the EU Commission’s regulation, including maximum aid limits, aid amount monitoring, and the related obligations.

The new maximum ceiling is EUR 300,000 over a three-year period

In the future, the maximum amount of de minimis aid per group is EUR 300,000 over a three-year period. In the fisheries sector, the amount is EUR 30,000 over a three-year period. 

In addition to Finnvera, de minimis aid can also be included in the grants, loans, and guarantees provided by other public bodies. 

It is the company’s responsibility to ensure that the total amount of de minimis aid paid by different parties does not exceed these maximum amounts. If the maximum limit is exceeded, the aid may be recovered in full, with interest. 

More on the topic:

For more information on state aid, visit Finnvera’s website. 

Link to the Public information service on business subsidies maintained by the Ministry of Economic Affairs and Employment.