Trademagazin > News and articles > Market News > Applications for capacity expansion support for small and medium-sized enterprises can be submitted until 20 October
Applications for capacity expansion support for small and medium-sized enterprises can be submitted until 20 October
The available 13.7 billion HUF budget has already received applications from nearly six hundred enterprises for the employment of about four thousand people, with a total value of 13.5 billion HUF, the Secretary of State for Employment Policy of the Ministry of Innovation and Technology (ITM) announced on Tuesday. Bodó Sándor said that in view of the outstanding interest, an application for the labor market program to encourage SME capacity building can be submitted until midnight on 20 October.
The Communication recalled that the purpose of the grant was to partially cover the costs of capacity expansion in order to increase the number of employees. Small and medium-sized enterprises from all regions and counties, except Budapest and Pest counties, can apply for the program. (MTI)
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