3. Further information for the compatibility assessment of the aid scheme 3.1. Contribution to a common objective and need for State intervention (3.2 & 3.3 RFG) A risk finance aid scheme can only be justified if it is targeted at addressing a specific market failure, in the form of the existence of a funding gap affecting specific undertakings in a specific development stage, geographic area and, if applicable, economic sector. Please submit the in-depth assessment that proves the specific market ex-ante failure, together with this notification. 3.1.1. Information on the assessment (paragraphs 65-66 RFG): ex-ante Date of the assessment: ex-ante The assessment has been carried out by: an independent entity an entity linked to the following public authority: Data on the assessment is based: Please tick to confirm that the assessment is based on data covering 5 years ex-ante preceding the notification: 3.1.2. Identification in the assessment of the specific policy objectives and ex-ante performance indicators for the risk finance scheme (paragraphs 58–59 RFG): Please list the identified specific policy objectives and make reference to the relevant section in the assessment: ex-ante Please list the defined performance indicators (see examples in paragraph 58 RFG) and make reference to the relevant section in the assessment: ex-ante 3.1.3. Economic evidence and justification in the assessment for the need for ex-ante State intervention (section 3.3 RFG): see sections 2.3, 2.4, and 2.5 of this form. 3.2. Appropriateness and incentive effect of the risk finance scheme (sections 3.4 & 3.5 RFG) 3.2.1. General: A) By reference to the assessment, please explain why the existing and ex-ante envisaged national and EEA policy actions targeting the same identified market failures cannot adequately address the identified market failures (paragraphs 90–91 RFG):
3. Further information for the compatibility assessment of the aid scheme 3.1. Contribution to a common objective and need for State intervention (3.2 & 3.3 RFG) A risk finance aid scheme can only be justified if it is targeted at addressing a specific market failure, in the form of the existence of a funding gap affecting specific undertakings in a specific development stage, geographic area and, if applicable, economic sector. Please submit the in-depth ex-ante assessment that proves the specific market failure, together with this notification. 3.1.1. Information on the ex-ante assessment (paragraphs 65-66 RFG): Date of the ex-ante assessment: The assessment has been carried out by: an independent entity an entity linked to the following public authority: Data on the assessment is based: Please tick to confirm that the ex-ante assessment is based on data covering 5 years preceding the notification: 3.1.2. Identification in the ex-ante assessment of the specific policy objectives and performance indicators for the risk finance scheme (paragraphs 58–59 RFG): Please list the identified specific policy objectives and make reference to the relevant section in the ex-ante assessment: Please list the defined performance indicators (see examples in paragraph 58 RFG) and make reference to the relevant section in the ex-ante assessment: 3.1.3. Economic evidence and justification in the ex-ante assessment for the need for State intervention (section 3.3 RFG): see sections 2.3, 2.4, and 2.5 of this form. 3.2. Appropriateness and incentive effect of the risk finance scheme (sections 3.4 & 3.5 RFG) 3.2.1. General: A) By reference to the ex-ante assessment, please explain why the existing and envisaged national and EEA policy actions targeting the same identified market failures cannot adequately address the identified market failures (paragraphs 90–91 RFG):
PART-III.7---risk-finance-aid.docx