SMEs in focus of 2021-2027 Smart Specialisation Strategy

The Smart Specialisation Strategy (S3) adopted by the government for the period 2021-2027 puts the corporate sector in its focus and is aimed at supporting and enhancing the productivity of SME-s, the innovation and technology ministry said on Wednesday.

The strategy identifies priority areas of support which include agriculture and food production, health care, digitalisation of the economy, creative industries, energy, services and cutting-edge technologies, the ministry said in a statement.

The coronavirus epidemic has shown the vast potential in the Hungarian SME sector. A continued support must be provided to ensure a stable operation of SMEs, which employ more than two thirds of Hungarian workers, it said.