Richárd Szabados, the state secretary for SMEs, said the minimum investment ratio of 30% inside of a project for infocommunication and/or renewable energy investments will be reduced to 10%.
Projects must still include technological modernization or equipment acquisitions equal to at least 30% of eligible costs. Businesses can apply for zero-interest investment financing between HUF 150 mln and HUF 600 mln.
Up to HUF 180 mln of the financing in the European Union-funded scheme can be converted into non-refundable support upon fulfilment of certain conditions.
So far 23 applications worth a total of HUF 9.8 bln have been submitted, while more than 130 companies have registered for the program.
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