The Jeremie initiative was established by the European Union to provide EU structural funds for financing SMEs. The program, which stands for the Joint European Resources for Micro to Medium Enterprises, was launched in 2009, Vilaggázdaság noted.
Although the deadline for using the funds, of which 65% came from Brussels, was the end of 2015, an extension period of five months meant that the funds could be used for longer, the paper added.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
