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Tenders for HUF 3.9 bln of grant money announced

The regional development council for the Dél-Alföld in southeastern Hungary has announced tenders for HUF 3.9 billion in grant money to support corporate investments in buildings, the council's administrative chief Péter Széll said.

The grants will cover up to half of the cost of investments by micro-businesses and SMEs and up to 40% for other applicants, Széll said. The funding is expected to support investments worth more than a combined HUF 5 billion, he added. (MTI – Econews)