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New tender for SMEs called

The second round of the most popular tender among SMEs has now been posted: the total budget this year for technological development will be around Ft 6.3 billion, with exact figures to follow this fall. Subsidies may be received for the purchase of machinery and technologic apparatus, real-estate capacity increase relating to production/sales/services, and the purchase of licenses and know-how. Within the frameworks of the tender, up to 35% of the total expenses of a project can be reimbursed, which must range between Ft 1 million to Ft 25 million. The application deadline is September 16; decision may be expected by mid January 2006.