New EU funding programmes favour SMEs
Viktor Zoltán Kovács, the head of K&H’s SME marketing division told Trade magazine that in the new budgetary period (2014-2020) SMEs can profit the most from European Union funding programmes. From the Economic Development and Innovation Operative Programme (GINOP) mainly complex projects – R&D activity, job creation, renewable energy use – will be financed. He added that because of the Partnership Agreement Hungary had signed combined loans (EU funding + loan) will be most widely available to SMEs in the current cycle. However, in the programmes announced the previous week there are still non-refundable funding opportunities. The most important ones for the sector are available from 9 July: they can be used for capacity expansion; funding intensity is 35-50 percent.
Related news
Related news
NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably
Beyond the gross domestic product (GDP), there are human lives,…
Read more >GDP could grow by 2 percent in 2025
According to the current outlook, GDP growth of around 2.3-2.4…
Read more >KSH: food industry sales prices increased by 4.5 percent
In December 2024, industrial producer prices were 9.0 percent higher…
Read more >