New Tender Worth HUF 75 Billion Called to Support SME Innovation in Hungary
- 17 May 2024 11:37 AM
- Hungary Around the Clock
![New Tender Worth HUF 75 Billion Called to Support SME Innovation in Hungary New Tender Worth HUF 75 Billion Called to Support SME Innovation in Hungary](/binaries/content/gallery/2024-photos/current-affairs/05/hanko-eu.jpg/hanko-eu.jpg/xpatloop%3Achannelslarge)
More than half of the funding, or around Ft 40 billion will be made available this year, at between Ft 20 million and Ft 50 million per project.
One-third of SMEs in Hungary engage in innovative activities, which should be raised to over 50%, Hankó said. This requires an increase in the number of people working in R&D, and an increase in patents and trademarks.
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