Huge competition support can be used by the domestic “gazelle” companies

By 19 October 2017, the Rapidly Growing Businesses (Gazelle) will be able to apply for a first call for applications for the Complex Development of Domestic Companies. The bet is not small. 33.57 billion HUF non-refundable subsidy will be distributed among the winners. The OPTEN company information service provider has examined the size of the company population that has the chance to get the support.

By acquiring support, businesses are given the opportunity to acquire tools, introduce renewable energy technologies, implement infrastructure and real estate investments, develop information technology, manufacture licenses, acquire manufacturing know-how and implement quality, environmental and other management, certification systems and standards. The grant awarded may be at least 25 million HUF and maximum 500 million HUF. The intensity of the support – depending on the implementation site – is ranging between 35 and 50 percent.