Seventeen and a half billion HUF for small and medium-sized enterprises

The National Development Agency will announce the second time this year, the Economic Development Operational Program, and the Central Hungary Operational Program applications for the development of technological basis of SMEs.

In the two programs combined for 2009 and 2010, 17 billion, 588 million HUF will be tendered, which funded by the European Regional Development Fund by 85 percent, and 15 percent from Hungarian budgets. The successful companies can carry out investments in technological developments by purchasing new, or used equipment that is not older than three years, and can develop their business IT – reports Privátbankár.hu.