The SME strategy for ITM aims to increase the productivity of domestic SMEs

The main goal of the SME strategy for the innovation portfolio is to provide predictable frameworks for the entire sector, and to enhance the value creation capacity of a company with a strong growth potential – Palkovics László, Minister of Innovation and Technology said at the Enterprise Development Council meeting in Budapest on Friday.

Taking into account the recommendations of the Hungarian Chamber of Commerce and Industry and the guidelines of the Enterprise Development Council, the Ministry of Innovation and Technology (ITM) has prepared an SME strategy to assess the needs of about a thousand companies. The document is also in line with the ministry’s economic development strategy, which considers the transition of the Hungarians to an improvement in the quality of life and technology as their core task – he added. (MTI)