50 SMEs Eligible for Hungarian Multi-Program
About 50 micro, small and medium-sized enterprises are expected to enter this year’s Hungarian multi-program (MMP), said Balázs Szepesi, Deputy State Secretary for Economic Development at the Ministry of Innovation and Technology (ITM) in Szeged yesterday, according to gazdasagportal.hu.
MMP not only offers money, but also long-term partnerships, consultation, and joint exploration of breakthrough opportunities, Szepesi stressed.
For instance, in the first round, successful applicants can receive a non-refundable grant of HUF 2-36 million for consulting services or HUF 50-340 mln for the implementation of complex developments.
The Deputy Secretary of State listed the application criteria as having at least five employees in a micro, small or medium-sized business with at least four closed business years and a minimum net sales of HUF 100 mln, gazdasagportal.hu added.
ADVERTISEMENT
Mapei Targets 6% Higher Revenue This Year
Parliament Negates Mandatory Membership in MOK
Number of Residential Developments in Cities Falls 9%
Veronika Spanarova Wins Expat CEO of the Year Award 2023
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
