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Home›Budapest real estate›Government launches HUF 30 billion tender to support micro-enterprises

Government launches HUF 30 billion tender to support micro-enterprises

By Arthur Holmes
January 17, 2022
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MTI – Econews

Monday 17 January 2022, 09:50

Government

The government is launching the Hungarian Village Business Restart Program, allocating HUF 30 billion to support micro-enterprises, Finance Minister Mihály Varga said in a video on his Facebook page, according to a report by state news wire MTI. .

Companies employing less than 10 people can apply for funding of HUF 2-10 million for the purchase of new equipment and machinery, real estate investments and technological upgrades.

The tender could help around 3,000 companies, Varga said. The government attaches great importance to supporting businesses operating in small localities and disadvantaged areas, he added.

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