Brussels, 05/02/2003 (Agence Europe) - The European Commission opened a formal investigation procedure into the British 'SBS Incubation Fund', which does not seem to respect certain criteria foreseen by the Community framework for state aid with regional finalities. The aim of this Fund is to grant small companies (so-called incubators) loans at privileged rates in order to simplify their development in the start-up phase. To do this the Fund has a budget of EUR 115 million over four years,...