The government has earmarked Ft 10 billion for the programme this year, as in 2012.

In the last two years, 996 SMEs received Ft 12.3 billion, which helped to preserve 12,000 jobs and create another 7,100, Czomba added.

The government expects to give grants to 700-800 companies in 2013, supporting the creation of 5,000 jobs and the preservation of 10,000 others.

Companies can apply until April 5 and applications will be evaluated by the end of May.

Source: Hungary Around the Clock

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