News in Brief
Government eases conditions of HUF 156bn credit scheme for SMEs
Businesses can apply for zero-interest investment financing between HUF 150m and HUF 600m.
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News in Brief
State Secretary: Government to ease conditions for subsidised credit for SMEs
The government will ease the conditions for subsidised credit for SMEs to support purchases of equipment and make technology upgrades, widening the scope of eligible businesses.
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50bn HUF in funding supports partnerships between SMEs and universities
László Bódis, the deputy state secretary for innovation at the Culture and Innovation Ministry, said funding was awarded to 89 applications.
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181bn forint EU-funded program to support SME innovation launched
Minister Hankó said over HUF 106bn of the program funding would go toward investments that aimed to boost Hungarian SMEs' exports.
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National Economy Ministry to boost SMEs and tourism sector
Small and medium-sized enterprises are a major pillar of Hungary’s economy.
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Government to call 35 billion HUF tender to support innovative projects
The funding will be targeted at projects in the areas of digitalization, healthcare and the green transition that produce patents and products that generate revenue.
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Finance Minister: HUF 100 billion available for Hungarian SMEs
SMEs may apply for funding of between HUF 10 million and 200 million to buy new equipment, make IT developments, acquire real estate and make the switch to renewable energy.
News in Brief
Smart Specialisation Strategy puts SMEs in focus in Hungary
The S3 strategy identifies priority areas of support which include agriculture and food production, healthcare, digitalization of the economy, creative industries, energy, services and cutting-edge technologies.
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Hungarian government to fund digital development of SMEs
SMEs with at least one completed business year under their belt will be eligible for grants between HUF 10 and 630 million.
News in Brief
Government increases budget for supporting green SME initiatives
The Hungarian government is increasing the budget for subsidising green investments made by SMEs by HUF 20 billion (EUR 56m) to almost HUF 50 billion.
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Hungarian government introduces new interest-free loan to help SMEs
PM Orbán said SMEs can raise an interest-free loan with ten-year maturity of up to HUF 10 million (EUR 28,000), with repayments deferred by three years.
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Finance Minister unveils HUF 137 billion credit scheme for small businesses
Mihály Varga said interest-free credit is to help businesses weather the coronavirus epidemic and prepare for the competition after the recovery.
News in Brief
HUF 12 billion pot available for SMEs to create jobs in Hungary
SMEs can submit applications for part of a HUF 12 billion fund if they can commit to increasing their number of employees by at least three.