Our ref: CIOSGH/nm/SA
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CONTACT ADDRESS
CONTACT TOWN
CONTACT COUNTY
CONTACT POSTCODE
Dear CONTACT NAME
RE:CORNWALL & ISLES OF SCILLY GROWTH HUB
STATE AID - DE MINIMIS AID
This is a standard letter that is sent to anyone who has received State Aid*because the provision of services by the Cornwall and Isles of Scilly Growth Hub is considered to be State Aid. You will need to keep thisletter for future reference.
Further to your business review and Client Agreement datedXX/XX/XXXX, we are pleased to confirm that we are satisfied that the amount of aid we intended to give COMPANY NAMEwould not, taking into account any other aid provided during the previous three fiscal years, exceed the limit of Euro 200,000 specified under the de minimis regulation (EC Regulation 1470/2013). COMPANY NAMEreceived the following assistance during the financial year 2016 – 2017.
COMPANY NAME received assistance to the value of £XXX.XX which at the European conversion rate on the date of the award was €XXX.XX (please see table below). The value of the assistance is made up of pre-meeting research, the business review meeting, research into and/or contacting other providers to assess suitability of referral, making referrals to business support providers and follow up calls. Remember you can call us if you need further assistance and can use the resources on our website ( at any time.
Organisation providing assistance/aid / Value of Assistance (£) / Value of Assistance (€) / Date of Assistance / Nature of AssistanceCornwall Development Company t/a Cornwall & Isles of Scilly Growth Hub / £XXX.XX / €XXX.XX / XX/XX/XXXX / Business review diagnostic, research referral to business support
This was provided as De Minimis Aid under EC Regulation 1407/2013.
Cont…
Our ref: CIOSGH/nm/SA
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CONTACT NAME
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Please note that if COMPANY NAME fails to meet the eligibility requirements, for example, your state aid declaration was incorrect and your cumulative State Aid was in excess of €200,000,you may become liable to repay the full value of the assistance provided. The value of the State Aid is not a charge to you or an amount we receive, rather it represents the potential value of the service were it not fully-funded by UK and European Union funds.
You will need to keep this letter and the information enclosed, as you may need to provide it if your business applies for any funding or funded support which also uses the de minimis exemption to comply with the State Aid rules. If you do take up furtheraid that uses the de minimis exemption, you may be asked to provide this letter and the enclosed documents as a record of the support you have received.
If you have any queries about the above then please visit our website for more information on State Aid -
Yours sincerely
Stu Anderson
Operations Director
Cornwall and Isles of Scilly Growth Hub
*State aidis any advantage granted by public authorities through stateresources on a selective basis to any organisations that could potentially distort competition and trade in the European Union (EU). The definition ofstate aidis very broad because 'an advantage' can take many forms. (
CIoS Growth Hub is a service of Cornwall Development Company
Registered Office: Bickford House, South Wheal Crofty, Station Road, Pool, Redruth TR15 3QG
Registered in England and Wales no: 3668828
Cornwall Development Company Ltd is a local authority controlled company controlled by Cornwall Council.