commiss decis april modifi decis approv commun support framework singl program document commun initi programm respect ireland english text authent ec commiss european commun regard treati establish european commun regard council regul eec june task structur fund effect coordin activ oper european invest bank exist financi instrument amend regul ec fourth subparagraph articl subparagraph articl subparagraph articl articl subparagraph articl thereof regard council regul eec decemb lai provis implement regul eec coordin activ structur fund oper european invest bank exist financi instrument amend regul ec articl subparagraph articl articl articl thereof articl council regul eec decemb lai provis implement regul eec european region develop fund amend regul eec specifi type oper erdf financ council regul eec decemb lai provis implement regul eec european social fund amend regul eec specifi articl type oper receiv esf financ articl elig expenditur articl council regul eec decemb lai provis implement regul eec eaggf guidanc section amend regul eec specifi type measur eaggf guidanc section financ council regul eec juli lai provis implement regul eec financi instrument fisheri guidanc specifi articl type measur receiv fifg financ articl regul ec decemb criteria condit form assist structur purpos fisheri aquacultur sector process market product amend council regul ec criteria condit form assist council econom financi affair march discuss discharg respect budget call sourc uncertainti elig expenditur elimin guarante made commun resourc accord regul forc order clarifi situat elig expenditur member state beneficiari incorpor annex attach drawn partnership member state decis approv commun support framework singl program document commun initi programm oper order respect principl legitim expect provis annex impos charg condit member state beneficiari appli respect project select commiss appli decis fulli respect institut legal financi characterist compet member state context partnership decis accord opinion manag committe agricultur structur rural develop stand committe fisheri structur consult advisori committe develop convers region committe pursuant articl treati decid articl annex present decis compris integr part decis approv commun support framework singl program document commun initi programm extent provis annex impos complementari charg condit member state beneficiari appli invest oper measur project compris part form assist mention paragraph select articl decis address ireland brussel april commiss anita gradin member commiss oj oj oj oj oj oj oj oj oj oj oj oj recommend council march discharg point chapter erdf page offici journal annex datasheet elig expenditur framework structur fund gt tabl gt datasheet elig expenditur structur fund definit final beneficiari assist gener rule final beneficiari public privat bodi firm respons commiss work case aid scheme aid grant bodi design member state bodi grant aid bodi question collect financi inform list receipt invoic account document equival prob point financi implement provis final beneficiari categori final beneficiari purpos regul point financi implement provis identifi level measur applic measur program document submit commiss decis approv specif case measur impli grant small individu amount larg number privat small scale project reason practic implement oper concern grant small individu amount larg number small scale privat project includ aid scheme bodi respons pai fund project consid final beneficiari eaggf guidanc section oper part financ accord regul eec eec similar oper fifg oper part financ accord council regul eec similar part financ regul eec special case leader commun initi local action group consid final beneficiari rural oper promot part financ project term commit made expenditur incur rural oper promot part financ project payment made local action group rural oper consider case aid scheme aid grant design bodi case aid scheme implement aid grant bodi design member state final beneficiari bodi grant aid irrespect financi transfer made intermediari expenditur incur payment made final recipi assist irrespect abovement financi transfer rule fund esf esf final beneficiari bodi firm public privat respons organ implement oper articl esf regul oper carri part full directli final beneficiari subcontract lower level public privat bodi award subcontract remain final beneficiari assum respons expenditur implement oper work sourc framework regul articl coordin regul articl erdf regul articl financi implement provis applic assist point ec treati articl datasheet elig expenditur structur fund period elig gener rule initi time limit elig initi time limit elig laid rule expenditur incur final beneficiari term articl coordin regul subject articl start date elig expenditur incur final beneficiari date commiss receiv assist applic member state regul initi deadlin commit case project commit enter start date form assist fa date commiss receiv assist applic member state expenditur incur project action elig condit met expenditur incur date applic reach commiss articl coordin regul project action select design author implement fa includ accord correct procedur fa final date commit except retroact provid articl coordin regul appli applic assist receiv januari april januari april member state retroact provid specif transit provis articl council regul eec amend regul ec articl regul eec appli oper introduc aid previou program period includ programm provis retroact applic project submit framework council regul eec eec accord articl fifg regul eec case gener rule appli elig start date receipt assist applic date januari begin current program period januari program period object final time limit elig deadlin commit specif mention commiss decis approv fa relat legal financi commit sheet commit principl deadlin commit extend commiss special request duli justifi member state deadlin accept expenditur specif mention commiss decis approv fa relat payment made final beneficiari point financi implement provis relat contribut paid nation author final beneficiari deadlin payment extend commiss special request duli justifi member state aspect member state certifi deadlin met make expenditur statement basi articl coordin regul implement project overlap program period separ descript project drawn period concern project divid distinct financi physic stage fa concern order ensur transpar implement monitor facilit control commiss agre framework partnership specif rule period elig provid rule fund esf expenditur incur time closur annual instal fact esf proce annual closur instal accept current expens ga electr telephon invoic consider settlement payment end calendar year paid final beneficiari subsequ submiss final claim member state month sourc financi regul articl coordin regul articl financi implement provis applic assist fip commiss decis grant assist datasheet elig expenditur structur fund valid commit member state level gener rule legal bind arrang requisit financi commit compris decis final beneficiari implement elig oper alloc public fund point financi implement provis commit member state level includ commit enter final beneficiari commit legal bind accompani financi commit commit public fund requir case state aid scheme similar measur grant small individu amount larg number privat small scale project aid grant bodi design member state date legal commit date decis grant aid design bodi decis individu recipi aid amount grant definit account featur institut organ administr procedur member state natur oper specif eaggf guidanc section commit specif case council regul eec eec public bodi pai fund individu project sme treat commission commit consid level fact oper programm adopt regul relat assist busi cooper sme gener rule individu amount small intermedi administr bodi establish nation region level extrem difficult bodi concern check beneficiari enter commit supplier contrast provis public grant verifi ii minimum condit justifi special case pursuant regul eec eec oper part financ eaggf guidanc section fifg agre regul eec eec singl commit enter intermedi administr bodi automat entail commit final beneficiari singl commit enter bodi fulfil minimum condit order indentifi indic date formal decis specif refer project amount beneficiari financ fifg paragraph ii minimum condit justifi special case rule fund erdf case privat bodi firm respons commiss work date legal commit legal bind carri work enter date place order sourc commiss decis grant assist articl closur date assist financi implement provis applic assist point datasheet elig expenditur structur fund detail principl real cost gener rule expenditur incur relat payment effect final beneficiari support receipt invoic account document equival prob point financi implement provis elig item expenditur judg relat gener context natur amount complianc physic tempor good servic put oper part financ possibl rule level subcontract unjustifi subcontract oper ad contract intermediari consult payment question express percentag part financ amount case issu invoic relev nation tax account rule account document equival prob mean document submit prove book entri true fair view actual transact accord current account law rule fund esf calcul cost accept time programm measur approv budget propos reflect real cost verifi method check stage final declar expenditur ii accord datasheet invoic settl annual instal close enter account instal paid member state submit applic final payment datasheet rule esf iii accord point financi implement provis recal advanc payment applic stage proof expenditur incur base inform result follow procedur action member state certifi action progress accord plan schedul eaggf guidanc section order establish cost work carri beneficiari account includ part financ invest member state fix real standard cost unit price standard cost reliev beneficiari present invoic work sourc financi regul articl esf regul articl financi implement provis applic assist point datasheet elig expenditur structur fund overhead alloc gener rule overhead alloc equit manner accord gener recogn account standard framework train action part financ esf overhead alloc fair equit manner basi distribut pro rata full time train obtain relat number hour particip part financ number hour particip instruct total train bodi sourc financi regul articl esf regul articl datasheet elig expenditur structur fund depreci gener rule structur fund time financ purchas real estat long term equip hand depreci attach period elig depreci elig altern purchas accord nation fiscal account legisl gener accept account practic depreci exclud respect good benefit public nation commun part financ time purchas rule fund esf articl esf regul depreci immov properti circumst purchas equip part manag oper cost link train elig action continu elig exclud applic amount benefit part financ structur fund provid depreci relat oper set articl esf regul subject tabl base method compli nation legisl correspond invest formal introduc account final beneficiari sourc regul eec articl financi implement provis applic assist datasheet elig expenditur framework structur fund nation part financ kind gener rule structur fund regul articl coordin regul financi implement provis point lai payment commun financi assist refer expenditur incur correspond payment effect final beneficiari justifi receipt invoic account document equival prob nation part financ public privat take form kind contribut suppli land real estat part long term equip suppli raw materi voluntari unpaid work provid privat person bodi consid elig condit condit respect provis kind contribut agre public bodi respons measur ii conform gener rule elig concern purchas land build expens public administr iii amount certifi final beneficiari relat suppli kind contribut evalu certifi offici scale drawn independ author independ profession parti iv commun contribut limit expenditur incur total elig cost net kind contribut commun part financ rate total elig cost expenditur incur suppli kind theoret commun assist limit evalu cost privat voluntari work conform nation rule establish calcul labour cost hour dai week legal approv standard rule exist nb privat contribut kind exclud framework financi engin oper guarante fund ventur capit fund rule fund eaggf guidanc section total cost part financ project includ elig expenditur condit evalu control set cost farmer work carri behalf legal standard forc member state datasheet detail principl real cost cost assess conform fix approv legal standard forc member state cost farmer work carri behalf consid expenditur incur justifi account document equival prob elig commun contribut esf respect train action part financ esf kind contribut form teach materi sourc coordin regul eec articl framework regul eec articl mr wulf mathi answer parliamentari question pq oj datasheet elig expenditur structur fund bookkeep bank interest earn commun advanc gener rule action part financ structur fund benefit bank interest earn commun advanc transfer commun fund public author give rise interest earn commun advanc pass public author case commun longer owner financi resourc transfer member state judgment court justic european commun juli case commiss make effort check complianc provis articl coordin regul month time limit gener rule transfer fund final beneficiari subsidi paid directli commiss final beneficiari aris interest earn final beneficiari case assist involv subsidi paid directli final beneficiari global grant pilot project articl erdf regul case claus agreement sign commiss final beneficiari lai interest earn total commun amount grant accord object assist measur account precis made addit subsidi relat project identifi commiss rule deduct interest earn total commun amount grant appli balanc assist paid sourc mr gradin answer parliamentari written question oj court justic european commun judgment juli case datasheet elig expenditur structur fund bookkeep entri receipt definit action part financ structur fund lead benefit receipt part financ consist resourc result sale rental avail product servic individu enrol fee expens deduct salari equival enrol fee support traine particip train cours gener rule situat occur practic situat revenu directli relat part financ oper attribut oper deduct elig expenditur ii situat revenu partial relat part financ oper deduct elig expenditur mean suitabl distribut kei pro rata clarif receipt come case consid receipt deduct total elig cost cover datasheet receipt gener econom lifetim part financ invest subject specif provis articl coordin regul receipt gener framework financi engin measur cover specif provis datasheet no contribut privat sector part financ action invest project case occur financ tabl alongsid public contribut sourc financi regul articl coordin regul articl esf regul articl indent datasheet elig expenditur framework structur fund financi bank legal charg gener rule expens directli connect prepar implement project elig part financ natur type expens exclud part financ financi charg debit interest interest rebat approv framework form assist debit interest cover state aid scheme approv commiss transact charg foreign exchang commiss pure financi expens elig part financ bank charg open administ bank account bank transfer administr cost part financ requir open separ account project open subsequ administ expens interest charg due point form part administr expens relat project elig special featur esf bank account carri success train activ share expens relat account elig train activ determin suitabl distribut kei datasheet overhead alloc fine financi penalti expens legal procedur type expens elig contribut directli achiev aim project oper cost legal fee advic notari fee cost technic financi expert prepar implement project cost elig directli link project proper prepar implement project sourc financi regul articl framework regul eec articl erdf regul eec articl eaggf guidanc section regul eec articl datasheet elig expenditur framework structur fund cost bank guarante gener rule expens connect bank guarante elig part financ case envisag form assist op spd cip global grant type risk insur project oper bank guarante form perform bond kind bank guarante requir contractor tender offer execut project form assist involv except case global grant connect global grant bank guarante expens elig case elig limit expens relat bank guarante insur intermediari design member state contract order cover risk misus neglig commun fund ascrib accord indent articl coordin regul specif cip leader connect commun initi leader local action group intermedi manag approv design intermediari requir letter guarante bank cost aris directli bank letter guarante present local action group intermedi bodi elig part financ pilot project commiss requir bank guarante letter requir provid commun legisl expens aris sole bank guarante letter elig case elig sourc coordin regul articl indent declar commiss articl coordin regul includ minut adopt council regul eec datasheet elig expenditur structur fund purchas hand equip gener rule purchas hand equip regard elig expenditur duli substanti case approv framework partnership prejudic possibl restrict nation provis forc condit met simultan declar seller equip confirm exact origin equip subject nation commun assist purchas equip repres advantag programm project made except circumst equip time threaten proper execut project reduct cost involv commun contribut compar cost equip purchas maintain good cost benefit ratio hand equip acquir technic technolog characterist consist requir project accept calcul elig expenditur relat purchas hand equip base current depreci hand equip altern purchas cover datasheet specif take firm close close aid scheme author commiss consid elig rule fund esf purchas hand equip exclud framework oper part financ esf depreci equip purchas hand elig life measur datasheet depreci eaggf guidanc section regul eec eec expressli stipul purchas hand equip strictli inelig fifg council regul ec provid purchas hand equip framework oper cofinanc fifg sourc council regul eec articl council regul eec articl eec datasheet elig expenditur structur fund purchas land gener rule purchas land built part oper contribut econom develop elig expenditur item direct link product infrastructur invest land purchas includ invest part aid scheme exce limit cost project provid nation rule laid avoid specul respect claus prohibit transfer properti minimum period case environment conserv project environment conserv project land acquisit elig princip compon condit design inter alia avoid specul met project cover partnership decis ii land devot intend timescal agre partnership chang made land put timescal affect natur condit implement project commiss monitor committe ask approv chang review accord articl coordin regul iii land agricultur purpos except decid framework partnership duli justifi case iv purchas made respons public institut bodi govern public law specif case part financ aid scheme accord guidelin region aid scheme adopt commiss purchas standard basi assess initi invest fix capit alongsid build plant machineri case commiss servic assess elig land purchas term aid scheme entireti rule fund esf expenditur exclud esf financ articl esf regul eaggf guidanc section land purchas invest strictli inelig part financ oper council regul eec articl eec articl ii purchas land elig framework reparcel articl eaggf guidanc regul fifg annex iii point council implement regul ec land purchas invest strictli inelig sourc erdf regul articl decis grant assist project quota erdf esf regul articl eaggf guidanc regul articl regul eec articl regul eec articl applic regul fifg regul ec annex iii point datasheet elig expenditur structur fund purchas real estat gener rule purchas real estat build construct land built elig term set absenc specif regulatori provis contrari purchas part oper econom develop elig assess relat part financ oper gener rule constitut part project purchas circumst constitut princip object oper purchas public author build made small busi financ busi expans support rural employ diversif purchas workshop main expenditur item acquisit land surround build subject part financ elig respect specif provis laid purchas land datasheet purchas land real estat purchas cost tax consid elig genuin definit born final beneficiari datasheet vat tax charg term elig case elig depend condit design avoid specul secur good cost effect ratio certif confirm purchas price correspond build true conform nation legisl forc consult request ii compet author member state seller declar build previous benefit nation commun grant purpos iii real estat agre purpos timescal agre partnership chang made build put timescal affect natur condit implement project commiss monitor committe ask approv chang review accord articl coordin regul iv build accommod public administr servic specif case part financ aid scheme accord guidelin region aid scheme adopt commiss real estat purchas standard basi assess initi invest fix capit alongsid land plant machineri case commiss servic assess elig real estat purchas term aid scheme entireti rule fund esf esf part financ real estat purchas depreci build durat train project support datasheet depreci eaggf guidanc section council regul eec articl eec articl make express provis construct acquisit build exclud land respect term laid part financ invest council regul eec eec eec eec hand elig interest loan build acquisit purpos start produc organ datasheet appli eaggf guidanc section relev specif regul expressli lai provis fifg elig build purchas cost exclud land expressli provid aquacultur fisheri product process market council regul ec erdf purchas build public author basic avoid order exclud possibl bypass rule public tender except reason agreement monitor committe sourc eaggf guidanc section regul articl regul eec articl fifg implement regul ec annex ii datasheet elig expenditur structur fund vat tax charg gener rule vat recover refund offset mean consid elig part financ structur fund respons author design member state commiss depart spot check carri check justif elig expenditur declar vat includ doubt aris vat refund part declar expenditur vat subsid fund analysi case case public privat statu final beneficiari consider assess elig fact liabl vat vat categori levi tax charg direct tax social contribut wage aris commun financ constitut elig cost tax charg definit born fact contribut budget member state sourc intern instruct relat treatment vat public contract award director gener commiss depart sec date april mr gradin answer parliamentari written question oj datasheet elig expenditur framework structur fund altern financ part financ project definit concept altern financ payment manag facil aim effici cash flow made date financi partner commun nation govern public sector entiti part financ rate agre level measur question account practic result project financ nation resourc commun resourc averag part financ rate fix measur concern compli method appli practic de facto start date part financ intervent payment commun advanc de facto end program period payment remain commun balanc order avoid block measur ow delai avail part financ sum individu project nation account rule provid record sourc part financ separ budget head gener rule provid techniqu accord nation budget rule aim avoid hold up payment made manag liquid fund manag servic member state exception resort altern financ fund manag facil condit strict complianc rule ensur transpar condit elig condit list deriv fundament principl project includ form assist compli standard claus attach commiss decis approv form assist independ origin fund financ gener practic altern financ facil manag cashflow gener practic ii adher origin program moment clear project nation counterpart fund commun resourc project integr procedur laid form assist addit project includ measur independ sourc financ select criteria defin measur iii complianc public rule govern commun assist final recipi inform project integr measur part financ structur fund appli project measur sourc altern financ train action part financ esf agreement sign promot explicitli mention part financ esf altern sourc payment elig iv ident term condit control commun personnel check project involv measur sourc altern financ term condit line regulatori requir joint manag project choic sourc moni financ project base cashflow situat time payment public aid rule distinct made manag project prioriti project basi origin altern financ vi complianc rate part financ measur complianc measur rate part financ monitor made subject analysi conform rate public aid individu financ decis datasheet elig expenditur framework structur fund current oper restructur compani balanc sheet gener rule financ techniqu relat current activ restructur balanc sheet busi constitut product invest exclud part financ structur fund case techniqu includ state aid scheme approv commiss techniqu involv oper financ work capit firm work capit busi financ overdraft form short term loan work capit form part current asset contribut financ product invest creat safeguard perman job financ work capit cashflow oper elig factor factor financ work capit busi work capit financ free custom account sum block moment payment larg share moni due creditor advanc factor improv short term cashflow cost relat factor servic incur busi elig particular erdf accord articl indent erdf regul support sme activ includ aid busi servic elig case aid firm offer servic includ factor sme cost link creation mainten period firm offer factor servic elig consolid loss loss aris econom activ elig part financ simpl restructur liabil balanc sheet direct effect subsequ invest sourc framework regul eec articl erdf regul eec articl eaggf guidanc section regul eec articl datasheet elig expenditur framework structur fund financi engin guarante fund gener rule structur fund part financ contribut member state set replenish guarante fund refer gf gener principl appli part financ financi engin measur gf involv commun financi engin limit event avoid substitut overlap financi sector shown suit develop region question ii commun part financ public contribut author capit fund part manag fund contribut run cost member state privat public partner commiss particip sharehold fund iii commun contribut rate adjust order account incom gener fund accord indent articl council regul eec amend regul eec iv principl partnership public privat sector prefer gf includ sharehold public privat sector substanti contribut fund capit privat sector gener leverag effect except previou principl involv absenc nation public financ member state retain subsidiari respons framework partnership structur fund articl council coordin regul eec amend vi gf manag rule practic exist individu market concern vii wai fund run financi implement provis assist regard commit resourc expenditur incur termin oper viii gf assist firm econom financi viabl oper refin compani liabil ix activ gf present report submit calendar year commiss monitor committe opinion commiss court auditor audit activ gf includ carri audit carri busi gf provid guarante xi gf set suitabl durat compat aim oper minimum lifespan durat form assist xii except principl agre datasheet submit case case basi approv servic commiss nb provis point automat consid compli commiss dg iv agre state aid scheme complianc articl treati specif provis guarante fund detail provis appli organ provid guarante financi institut secur part outstand amount ow compani institut order share institut risk invest beneficiari compani specif cover type guarante fund tradit bank loan guarante fund mutual guarante compani compani gener grant guarante sharehold member gener tradesmen small enterpris fund guarante hold guarante share risk ventur capit fund datasheet relat grant made public author respons member state region local author intermediari design agreement member state case global grant purpos particip format expans capit guarante fund gf format expans capit guarante fund format gf subject ant assess submit monitor committe assist measur concern gf includ form assist gf set independ fund govern articl associ agreement contract partner stipul gear ratio author fund durat commun assist gf set framework exist bodi condit subject specif implement agreement notabl stipul separ account fund provid public fund member state commun manag gf entrust bodi author nation law perform oper concern capac manag alloc fund effici agreement articl associ amend subject prior approv relev commiss depart particip make payment initi subsequ form cash exclud contribut kind gf oper rule gf abid nation rule govern guarante oper member state oper cover rate bank loan part financ gf oper usual nation rule applic kind fund absenc rule gf oper principl invest made compani benefit fund guarante financ bank loan gf cover rate limit maximum percentag outstand debt loan grant guarante rate decreas proportion increas proport total cost compani invest financ loan event guarante call refund limit percentag residu loss disput individu loan settl guarante cover repay princip payment accumul unpaid interest cover rate guarante hold part financ gf oper usual nation rule applic kind fund absenc rule gf oper principl guarante cover limit percentag loss incur investor minu dividend paid investor gf assist firm econom financi viabl loan secur involv oper refin compani liabil involv oper expand exist activ develop introduc innov technolog product method system gf activ relat firm oper field cover council regul eec improv process market condit agricultur product amend regul ec oj satisfi select criteria set commiss decis ec oj durat commun assist gf receipt insur premium interest yield invest fed back fund report activ gf submit calendar year commiss monitor committe opinion report balanc sheet analysi revenu loss gf detail breakdown manag cost incur detail list guarante provid invest made loan grant guarante provid firm sector due respect principl confidenti problem encount solut propos decid commiss court auditor inspect activ gf includ perform perform audit firm gf provid guarante fund oper cover agreement articl associ commiss time request member state pai back part commun assist provid format gf cost manag gf defin limit advanc maximum annual percentag share capit paid annual term percentag lie limit activ fund gener rule limit order manag cost account purpos calcul share capit oper termin order ensur gf capit guarante purpos gf guarante hold ventur capit fund part financ structur fund concept legal financi commit expenditur incur commit nation level legal act form increas initi capit gf consid legal financi commit purpos rule financi procedur implement assist measur expenditur incur expenditur incur consist payment cash paid capit gf particip share capit strict relat perform report mention guarante provid serv proof progress measur subsequ input capit gf made partner monitor committe basi perform report consid gf provid suffici guarante relat amount previous alloc financi engin oper integr part method part financ assist measur member state agre refin capit payment gf call commun fund delai level assist measur gf capit payment made timet partner public privat capit share percentag respect termin assist annex monitor committe decid good time limit power implement measur basi examin gf perform report reprogram amount assign gf unus underus commun oper termin final date payment net financi posit gf calcul compar total paid capit cumul total sum guarante provid period actual perform ratio cumul total guarante provid gf paid capit gear ratio author fund articl associ measur consid perform full ii surveil monitor committe time termin actual perform ratio cumul total guarante provid paid capit gear ratio author fund elig expenditur reduc proportion amount excess deduct final balanc paid member state commun respect assist measur concern final balanc assist measur paid commiss longer interven implement monitor measur save specif provis contrari contain initi agreement irrespect gener rule control rule fund erdf gf act exclus assist sme term articl indent erdf regul definit sme make refer recommend commiss april definit sme oj sourc erdf regul articl indent eaggf guidanc section regul articl commiss notic member state publish offici journal juli commun sme initi point annex datasheet financi engin guarante fund termin assist termin mechan guarante fund oper commun contribut fund paid capit gear ratio laid fund articl associ total guarante provid fund time repres time paid capit maximum termin assist check cumul total guarante provid gf gear ratio call threshold hypothesi amount guarante provid measur consid implement full commun contribut paid consid entireti hypothesi amount guarante provid measur partli implement implement rate amount guarante provid threshold fund capit consid elig part financ commun contribut adjust line commun contribut rate respect gf capit deem deduct final balanc paid commun member state form assist concern gear ratio vari member state fund depend type risk guarante mean theori gf similar characterist ident perform gear ratio termin datasheet elig expenditur framework structur fund financi engin ventur capit fund gener rule structur fund part financ contribut member state set replenish ventur capit fund call vcf gener principl appli part financ financi engin measur vcf involv commun financi engin limit event avoid substitut overlap financi sector shown suit develop region question ii commun part financ public contribut author capit fund part manag fund contribut run cost member state privat public partner commiss particip sharehold fund iii commun contribut rate account limit impos indent articl council regul eec amend regul eec iv principl partnership public privat sector prefer vcf includ sharehold public privat sector substanti contribut amount fund capit privat sector gener leverag effect except previou principl involv absenc nation public financ member state retain subsidiari respons framework partnership structur fund articl council coordin regul eec amend vi vcf manag rule practic exist individu market concern vii wai fund run financi implement provis assist regard commit resourc expenditur incur termin oper viii vcf assist firm econom financi viabl oper refin compani liabil ix activ vcf present report submit calendar year commiss monitor committe opinion commiss court auditor audit activ vcf includ carri control carri busi assist vcf xi vcf set suitabl durat compat aim oper minimum lifespan durat form assist xii except principl agre datasheet submit case case basi approv servic commiss nb provis point automat consid compli commiss dg iv agre state aid scheme complianc articl treati specif provis ventur capit fund natur type expenditur financi engin oper provid regul integr part method financ assist measur practic grant structur fund serv financ particip member state ventur capit fund member state privat public partner particip stakehold vcf commiss datasheet relat grant made public author respons member state region local author intermediari design agreement member state case global grant purpos particip format expans ventur capit fund vcf format expans vcf format vcf subject ant assess submit monitor committe assist measur concern vcf includ form assist vcf set independ fund govern articl associ agreement contract partner vcf set framework exist bodi condit subject specif implement agreement notabl stipul separ account fund provid public fund member state commun order distinguish made initi fund part necessarili commun origin made fund newli invest context commun assist measur manag vcf entrust bodi author nation law perform oper concern capac manag alloc fund effici mean routin manag fund compil monitor individu file invest decis entrust compet profession team act accord criteria privat sector agreement articl associ amend subject prior approv relev commiss depart principl public privat partnership produc leverag effect privat investor prefer substanti part capit vcf provid privat sector except basic model submit approv respons servic commiss case case basi member state share capit vcf prefer member state make public contribut capit vcf addit commun contribut except basic model submit approv respons servic commiss case case basi except made principl member state remain jointli respons proper execut measur light exist regulatori provis take part format vcf basi commun fund articl council regul eec amend regul ec rate commun financ capit vcf exce total cost object region total cost region particip make payment initi subsequ form addit cash vcf oper vcf abid nation rule govern ventur capit oper member state oper vcf activ consist acquisit sharehold subscript share capit firm support loan equiti loan bond convert purpos provid fund firm subscript initi capit incorpor firm increas capit liquid asset firm dispos acquisit form paid cash activ vcf compris element aid cover de minimi rule prior author articl treati requir vcf activ relat firm oper field cover council regul eec improv process market condit agricultur product amend regul ec oj satisfi select criteria set commiss decis eec oj vcf assist firm financi econom viabl activ serv refin firm debt relat expans exist activ develop activ introduct innov technolog product method system vcf assist firm result acquisit major stake remain temporari vcf oper syndic vcf exist market period commun assist revenu vcf dividend capit gain interest invest credit fund purpos financ acquisit hold manag cost limit set firm vcf acquir hold case desir introduc claus preclud distribut dividend vcf requir reserv firm entireti fund stake pro rata commun financ report activ vcf produc calendar year submit commiss monitor committe opinion report balanc sheet analysi revenu loss vcf detail breakdown manag cost incur analysi repay made fund detail list hold acquir invest made loan grant firm sector due respect principl confidenti problem encount solut propos decid commiss court auditor inspect activ vcf includ perform perform audit firm vcf held hold stake fund oper cover implement agreement conclud commiss time request member state pai back part commun assist provid format vcf ensur vcf capit assist purpos assumpt vcf cost manag fund market survei defin limit advanc maximum annual percentag share capit paid annual term percentag capit manag cost account purpos calcul share capit oper termin concept legal financi commit expenditur incur commit nation level legal act form increas initi capit vcf consid legal financi commit purpos rule financi procedur implement assist measur expenditur incur expenditur incur consist payment cash paid capit vcf particip share capit strict relat perform report mention acquisit made serv proof progress measur subsequ input capit vcf made partner monitor committe basi perform report consid vcf made proper amount previous alloc financi engin oper integr part method financ assist measur mean subsidi structur fund financ member state particip vcf member state privat public partner particip sharehold vcf mean financ vcf compat financi rule implement structur fund assist measur member state agre prefin capit payment vcf call commun fund delai level assist measur vcf capit payment made timet partner public privat capit share percentag respect termin assist vcf establish length time compat aim pursu minimum lifespan vcf assist measur concern commun oper termin final date payment net financi posit vcf calcul compar made total paid capit total sum assist firm period result sum cumul total assist firm period found cover paid capit gt measur consid perform full monitor committe implement measur light report oper vcf examin decid good time limit power reprogram amount alloc vcf unus underus surveil monitor committe time termin total sum assist firm period found total paid capit amount excess deduct final balanc paid member state commun respect assist measur concern final balanc assist measur paid commiss longer interven implement monitor measur save specif provis contrari contain initi agreement irrespect gener rule control rule fund erdf vcf act exclus assist small busi term articl indent erdf regul definit sme make refer recommend commiss april definit sme oj sourc council regul eec amend regul eec articl indent erdf regul council regul eec amend regul eec articl eaggf guidanc section regul commiss notic member state publish offici journal juli commun sme initi point datasheet elig expenditur structur fund leas gener rule leas oper elig term set term elig direct leas leas compani lessor recipi commun aid grant respect asset purchas leas contract leas contract receiv aid scheme includ option purchas provis leas period length life asset contract relat contract termin term approv compet author lessor undertak repai nation author concern credit relev fund part commun subsidi remaind leas period purchas asset leas compani support receipt invoic account document equival prob constitut expenditur elig part financ commun contribut paid lessor respons pass commun aid lesse maximum amount elig commun part financ exce net market asset leas limit set order exclud part financ inelig expenditur connect leas contract tax interest payment refinanc cost leas compani overhead insur charg contract provid rental broken part amount intend cover net purchas secondari cost aris oper list commun aid paid leas compani entireti benefit lesse mean uniform reduct leas rental interest payment leas period indirect leas lesse directli receiv commun subsidi leas contract elig scheme includ option purchas provis leas period length life asset contract relat leas rental paid lessor leas compani lesse support receipt invoic account document equival prob constitut expenditur elig part financ commun contribut paid lesse respect leas rental effect paid singl payment basi updat amount rental period elig updat amount repres expenditur incur paid final beneficiari begin oper total term leas contract exce period commun involv leas rental paid lesse date involv end cut date book payment elig condit aris fact real incur cost elig part financ expenditur incur futur futur leas rental inelig ensur durat leas contract coincid close period commun involv initi price asset reduc begin period payment elig part financ maximum amount elig commun part financ exce net market asset leas limit set order exclud part financ inelig expenditur connect leas contract tax interest payment refinanc cost leas compani overhead insur charg contract provid rental charg broken part amount intend cover net purchas secondari cost aris oper list rule fund esf esf part financ purchas asset leas depreci thereof lifetim action datasheet depreci option purchas condit compulsori case fund event esf part financ part rental incur final lesse oper leas contract proport durat train measur elig action ii order ensur cost effect cost born final lesse check make greater cost incur materi hire provid option hire addit charg incur leas hire deduct elig expenditur erdf intern gener develop part financ erdf enabl leas asset requir establish oper busi provid small firm servic acquir rule esf set appli current expenditur financ head pilot project oper natur short durat rule esf set ii appli pilot project innovatori scheme respect structur fund fifg sourc detail guidelin treatment leas framework commun structur financi instrument oj datasheet elig expenditur framework structur fund scheme involv refund aid definit refund aid mean assist temporari definit award grant aid respons public author intermediari design member state busi privat individu act nation aid scheme form part oper programm aid appli action elig structur fund word datasheet concern part financ approv state aid scheme fall de minimi rule loan scheme bank oper distinct aris origin fund suppli public bodi aid payment subject notif requir commiss term articl treati refund aid bear reduc rate interest compar loan condit bank sector bear rate interest charact aid case dealt datasheet head financi engin commiss part financ scheme aid individu recipi member state present certif expenditur part financ creation fund round aid grant busi privat individu constitut expenditur incur term financi implement provis annex form assist question busi receiv aid refund bodi grant accord rule laid repay interest fed back origin appropri scheme provid moni refund aid payment specif provis procedur repay aid base transpar criteria set financi manag refund aid follow rule definit applic refund aid repay compon mean principl method financi manag appli bodi grant refund aid final beneficiari datasheet final beneficiari transpar account show inspect purpos distinct amount aid basi appropri origin assign bodi question repay interest paid recipi refund aid amount aid paid amount refund aid recipi reimburs interest paid assur refund reimburs interest paid substitut nation counterpart fund enter financ plan measur reus measur end programm bodi grant aid justifi resourc program financ plan addit resourc gener repay receiv meantim benefit total commun assist alloc measur order guarante transpar financi flow bodi grant aid draw statement expenditur show expenditur incur amount aid grant paid recipi repay interest receiv timescal separ record account support document produc event spot inspect closur account form assist includ part financ refund aid scheme method financ refund scheme appli take account aid grant moni refund reimburs interest period form assist run payment final balanc respect form assist commiss longer involv implement monitor oper save gener regulatori provis inspect sourc framework regul eec amend articl regul eec amend articl regul eec amend articl commiss notic de minimi rule state aid oj datasheet elig expenditur structur fund cost incur public administr includ salari member state civil servant gener rule cost incur public administr includ salari nation local statutori civil servant emploi dai dai manag monitor control task part financ project meet regul requir inelig part financ form assist includ technic assist addit expenditur mean expenditur normal pattern link specif supplementari regulatori requir elig evid expenditur addit furnish member state expenditur requir prior accept commiss servic addit check financ warrant programm object administr expenditur directli chargeabl project elig programm addit expenditur elig technic assist appropri mean refer cost relat addit staff concern administr central decentr territori level monitor evalu assist expenditur entail monitor committe meet coordin committe committe transport accommod daili allow civil servant attend meet salari accord standard scale public servic scale establish partnership control action cost link spot check transport accommod daili allow organ coordin control system establish member state salari control accord standard scale public servic scale establish partnership articl esf regul total cost control action elig esf measur cost includ salari link temporari employ staff temporari civil servant staff privat sector work involv manag follow evalu control cost includ salari link temporari second civil servant local author central administr local administr local administr month assist train local civil servant pool experi matter manag monitor evalu control part financ measur detail rule applic provis applic procedur ceil control work case case framework partnership specif cost public administr includ salari nation civil servant oper cost pertain project incur dai dai manag monitor control task elig expenditur project implement fee incur profession servic render public servant public servic invoic final beneficiari certifi basi document prob permit identif real cost incur public servic concern benefit individu project document detail work provid account final beneficiari calcul pro rata basi salari statement public servant detach project implement fee includ provis servic born public author final beneficiari undertak realiz work account recours engin firm provid cost relat expenditur directli incur part financ project cost action integr measur definit entail public spend rule fund rule fund esf measur definit entail public spend administr cost datasheet relat oper cost born public agenc staff final beneficiari prepar oper manag evalu train measur elig articl esf regul train local nation civil servant object region eaggf guidanc section measur definit entail public spend administr cost datasheet relat oper cost born public agenc final beneficiari action integr measur explicitli entail public spend erdf pilot project articl erdf regul cost local civil servant act project manag carri pilot project servic provid treat elig expenditur case exce total elig cost pilot project sourc coordin regul articl eaggf guidanc section regul articl council regul eec eaggf guidanc section esf regul articl erdf regul articl commiss statement articl coordin regul eec amend regul eec enter council minut record adopt regul eec dg xvi technic assist vade mecum novemb state aid mean aid grant state sens articl ec treati public aid fall pre establish framework grant basi gener criteria defin advanc effect provid firm econom financi advantag benefit normal activ allevi usual charg place strain budget except case de minimi rule scheme notifi commiss irrespect purpos aid obviou reason deliber delai transfer commun fund final beneficiari aim profit interest earn commun advanc undu appropri consid irregular pm propos amend financi regul decemb submit council impli commiss maintain separ gross bookkeep distinguish state receipt expenditur link interest basi month period maximum ratio calcul maximum total guarante gf provid relat paid capit datasheet appli ventur capit compani entiti purpos term appli state aid scheme procedur