Some 120-150 small businesses per region are eligible to apply for funds under the Széchenyi Capital Investment Fund program if they hold a significant market position and plan to implement product-, capacity- or market-development with the funds.
The Fund has a total of HUF 14 billion available for the program until the end of 2015.
The program aims is to provide capital to companies already present on the market to help them implement product-, capacity- or market-developments. Applicants must support this with market orders in their application.
The Széchenyi Capital Investment Fund carries out capital investments worth between €100,000-500,000, with an optional loan worth another 25% of the amount of the capital injection, Körics Euroconsulting said in a statement.
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