Companies may apply for grants of between HUF 20 million and HUF 400 mln to acquire new equipment, upgrade technology, or invest in infrastructure or real estate, Varga said.
The grants are available to microbusinesses and SMEs. Applications will be accepted from August 31.
Supporting SMEs is especially important during the coronavirus crisis as it contributes to job creation and can help maintain the competitiveness of Hungaryʼs economy, Varga said.
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.
