Hungary to invite tenders in more than a dozen EU economic development programmes

Portfolio
In addition to the allocation of economic development EU funds gaining momentum in recent weeks, more than a dozen new calls to tender are expected to be published before the end of the year, Via Credit said in a statement.
According to managing director Alex Papadimitropulosz, the rest of 2019 will be about smaller calls for tenders aimed at SMEs. All areas of business operations will be covered, from IT through energy to the purchase of manufacturing equipment.

The new Hungarian Multinational Programme for SMEs and a new energy efficiency scheme will both invite tenders, Papadimitropulosz said.

The HUF 1 billion "Hungarian Multinational Programme II" was originally to be launched in July but has been postponed, similarly to a HUF 6.2 bn programme for the development of research infrastructure.

A HUF 1.1 bn programme for developing competitive entrepreneurial attitude and a HUF 1.5 bn one for competitiveness training for SMEs will both be announced in August, although these two already have the winners decided and are not open to new tenders.

In the near future, the government is expected to announce the HUF 13.17 bn Hungarian Multinational Programme III for the complex development of manufacturing SMEs with outstanding growth potential and a smaller, HUF 1 bn programme for preparing SMEs for export.

In September, two programmes worth HU 2 bn each will be launched, one for SMEs operating in free enterprise zones and one offering conditional non-refundable grants for technology developments.

A HUF 20.4 bn programme for energy efficiency upgrades, announced in April, is expected to invite tenders later this year.

As for employment programmes, three more can be expected this year: a HUF 10 bn trainee programme, a HUF 15 bn programme for increasing employment and a HUF 3 bn one for the training of young mothers.
This article is part of the work programme titled "The impacts of EU cohesion policy in Hungary - Present and Future" which is carried out by Net Média Zrt., the publisher of Portfolio.hu, between 1st April 2019 and 31st March 2020 with European Union financing. The views in this article solely reflect the opinions of the author. The European Commission as the funding entity does not take any responsibility for the use of information presented in this article.

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