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SME technological-development tender funding raised

The National Development Agency has raised the amount of funding available through a November 2009 tender for technological development of SMEs to HUF 20 billion (€71.49 million) from HUF 15 billion, the Hungarian Economic Development Center informed MTI on Thursday evening.

The National Development Agency reopened the tender on March 29 after receiving 1,250 bids for a total of HUF 34.1 billion in funding.

The agency will accept bids for the augmented SME funding until December 31. (MTI-ECONEWS)