Hungarian government launches EUR 21m support scheme for green economy capacity upgrades
Finance Minister Mihály Varga on Monday announced a tender for 7.3 billion forints (EUR 21m) in European Union and state grant money to support green economy capacity developments.
Companies may apply for grants of between 20 million and 400 million forints to acquire new equipment, upgrade technology, or invest in infrastructure or real estate, Varga said.
The grants are available to microbusinesses and SMEs. Applications will be accepted from August 31.
Supporting SMEs is especially important during the coronavirus crisis as it contributes to job creation and can help maintain the competitiveness of Hungary’s economy, Varga said.
Read alsoU.S. tech giants’ top executives grilled by lawmakers in antitrust hearing
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Hungarian methods used in the Dominican Republic against illegal migration?
Embarrassing fail: Police did not catch perpetrators of Budapest Louis Vuitton store despite their claim
PHOTOS: Hungarian Pavilion of the 60th Venice Biennale opens
NézÅ‘pont: Europeans shared surprising opinion about the EU’s crisis management
Király Thermal Bath: the iconic spa may regain its pomp with Turkish help – PHOTOS
Balázs Orbán: Guaranteeing Hungary’s security a priority