The program, to target equity funds, will be submitted to the government "in the coming weeks", Nagy said. It will extend to green investments and capacity expansions, he added.
According to plans, it will be launched in the framework of the Baross Gábor Reindustrialization Program, "complementing" the scheme's credit pillar, he said.
The government launched the HUF 700 billion subsidized credit scheme for businesses at the start of February.
Credit in the Baross Gábor Reindustrialization Program is available to businesses, regardless of size, for investment or working capital loans. Rates for credit are capped at 6% for forint loans and 3.5% for euro loans. Credit for green investments is available at rates capped at 5% for forint loans and 3% for euro loans.
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