The European Commission has approved a €3 million Slovenian scheme to support companies active in the MICE (Meetings, Incentives, Conferences, Exhibitions) sector, affected by the coronavirus outbreak and the restrictive measures that the Slovenian authorities had to implement to limit the spread of the virus. The scheme was approved under the State Aid Temporary Framework.
The measure will be open to companies of all sizes active in the MICE sector. The aim of the scheme is to compensate the beneficiaries for the costs of organising events, scheduled to take place between 1 August 2021 and 31 December 2021, should they be cancelled or significantly restricted as a result of restrictive measures in place. Under the scheme, the aid will take the form of direct grants, covering 80% of eligible costs for cancelled events or 60% for restricted events. The Commission found that the Slovenian measure is in line with the conditions set out in the Temporary Framework. In particular, the aid (i) will not exceed €1.8 million per beneficiary; and (ii) will be granted no later than 31 December 2021.
The Commission concluded that the measure is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework. On this basis, the Commission approved the measure under EU State aid rules.
More information on the Temporary Framework and other actions taken by the Commission to address the economic impact of the coronavirus pandemic can be found here. The non-confidential version of the decision will be made available under the case number SA.64238 in the State aid register on the Commission's competition website once any confidentiality issues have been resolved.