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The Ideas Powered for business
The Ideas Powered for business SME Fund is a grant scheme designed to help EU-based small and medium-sized enterprises (SMEs) protect their intellectual property (IP) rights. The SME Fund is a European Commission initiative implemented by the European Union Intellectual Property Office (EUIPO) and will run from 3 February 2025 to 5 December 2025.
Gov’t Broadens Eligibility for Investment Subsidies
The government is expanding the range of businesses eligible for 40 billion forints (EUR 114m) in investment subsidies this year, Finance Minister Mihály Varga told MTI on Saturday. A decree...
Easing Restrictions: Who Can Now Enter Hungary and How?
Since March 17th, the Hungarian borders have been closed to all passenger transport – only Hungarian citizens and their family members have been allowed to enter the country. With the easing of...
Air France, Finnair to Resume Flights to Budapest
French airlines Air France and Finnish carrier Finnair on Tuesday announced that they would restart flying to Budapest in June and July, respectively. Air France said one flight a week would resume...
Gov’t to Allocate HUF 150 Billion to Developments in Tourism
The government is allocating another 150 billion forints (EUR 423.7m) to the full revamping of tourist accommodations and other developments, the head of the Hungarian Tourism Agency said on...
Gov’t to Facilitate Creation of 70,000 Jobs
The government has decided to launch a programme aimed at providing companies with a wage subsidy to promote job creation, a state secretary at the innovation and technology ministry, told an online...
Over 500 Companies Apply for Subsidy to Promote Competitiveness
So far, 526 companies have applied for a government subsidy aimed at increasing the competitiveness of businesses, Péter Szijjártó, the minister of foreign affairs and trade, said on Monday....
Gov’t Almost Triples Investment Funding for Large Companies in 2020
The Hungarian government is raising its total investment funding for large companies from 15 billion forints by 25 billion to 40 billion forints (EUR 113.9m) in 2020, to help offset the economic...
Hungary to Set up Plant to Produce Vaccines
Hungary plans to set up a vaccine plant in order to become independent from outside sources, Chief Medical Officer Cecília Müller announced at the Operative Board’s press conference on Friday. On...
Govt Earmarks over HUF 400 bn for Epidemic Response, says Minister
Hungary’s government has earmarked over 420 billion forints (EUR 1.2bn) in development funding for its economy protection scheme aimed at offsetting the economic fallout of the novel coronavirus...
