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Gov't to cut number of funding tenders for SMEs, local councils to 100-200 a year

The government plans to reduce the number of tenders for European Union and state development funding for SMEs and local councils from several hundred a year to 100-200, National Development Minister Tamás Fellegi told MTI on Thursday.
The government aims to use EU funding more efficiently within the framework of the Szechenyi Plan, which supports SME and local council developments, by raising the concentration of projects they are used for, Fellegi said.
Tenders in progress will be reviewed, although changes may not be made to tenders in which funding has already been paid out, he said. Almost 700 priority projects have been reviewed so far, and the government has decided which should be changed and which should be cancelled, he added. (MTI-Econews)