Quarter of the SMEs would apply in EU tenders in the next three years

Six out of ten small and medium-sized enterprises (SMEs) have heard about the new EU tendering cycle, every fourth businesses plans to apply in the Széchenyi 2020 program that will distribute the EU supports – according to the research of Budapest Bank.

According to a summary sent to MTI on Monday, the proportion of the participating SMEs will be slightly higher than in the previous cycle. In the period between 2007 and 2013 is 22 percent of SMEs applied for EU funds. Eighty-five percent of the participants had winning tenders. (MTI)