The cash grant. (17) The cash grant is provided based on Government decree No 210/2014 (VIII.27.) ‘on the earmarked scheme for investment promotion’, a regional aid scheme (14) implemented under Commission Regulation (EU) No 651/2014 (‘GBER’) (15), allowing aid for initial investments in a variety of economic sectors. The cash grant constitutes an individually notifiable case of application of that aid scheme since the total aid amount (cash grant and development tax benefit) exceeds the notification threshold laid down in Article 4(1)(a) of the GBER (recital (106)). The cash grant incentive agreement (the ‘Incentive Agreement’) was signed on 22 December 2021 between the Ministry of Foreign Affairs and Trade (responsible authority) and the beneficiary, and is conditional upon the Commission’s approval of the aid.
