#52026AS120982EU approves Belgian aid scheme for cultural, artistic and educational video games
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
🇬🇧 English
The measure clears Belgium’s Walloon Region to support cultural, artistic and educational video game projects through a State aid scheme. The European Commission raised no objections, meaning the programme can run until April 2032 with a total budget of €14.4 million and an annual budget of €2.4 million. The scheme mainly affects video game publishers and computer programming businesses in Wallonia. Support may come as loans, repayable advances or equity-style funding, with aid covering up to 50% of eligible project costs.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Approves a Walloon State aid scheme for cultural, artistic and educational video games
- Sets a total budget of €14.4 million, with €2.4 million available each year
- Allows support through loans, repayable advances and equity-style funding up to 50% of eligible costs
Affected Parties
Video game publishers in WalloniaComputer programming companies developing eligible video game projects+1 more…
Tags
state aid,video games,Belgium…