Hungarian Businesses Win Grant From European Commission
- 19 Sep 2014 9:00 AM
Three Hungarian businesses, ASK-M, BIOMORV and BIOPÓLUS, are among small and medium-sized firms (SMEs) from 21 countries that won grants from the new 3 billion euro SME Instrument of the European Commission (EC).
The EC published on Thursday a list of the 155 SMEs that will be first to benefit from its new SME Instrument. Each receive 50,000 euros to finance feasibility studies for their projects, and they can also benefit from up to three days of business coaching.
After that, their projects may be considered for further financial support from the commission worth up to 2.5 million euros.
AS-M received a grant for activity connected to validation diagnostic equipment and biomarkers, BIOMORV received a grant for development of low-carbon energy-systems and BIOPÓLUS Technológiák for sustainable-food production and processing.
Source www.hungarymatters.hu
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