THE MINIMIS AID, A POSSIBLE ALTERNATIVE FOR SUPPLEMENTING THE BUDGETS OF SMES FOR ENHANCING COMPETITIVENESS THROUGH THE CAPACITY OF INNOVATION-THE ROMANIAN CASE

The latest Scoreboard of the European Commission regarding the state aid shows that the Member States are using increasingly more opportunities offered by EU rules on state aid. This paper comes to clarify the benefits of accessing the minimis aid by traders, as capital contributions, guarantees, risk capital measures in the innovation process, to create a new product, introducing a new method of manufacturing, entering in a new market or creating a new market, calling for a new raw material.