Govt to support SME job creation with HUF 5 bn, says Varga

As of Monday small and medium-sized enterprises can apply for 5 billion forints (EUR 15m) of government funding to help create high-value added jobs, the finance minister told MTI. The government funded initiative aims to strengthen the competitiveness and productivity of SMEs by helping them to introduce new technologies and improve the skills of their employees, Mihaly Varga said. The programme helps the creation of high-value added jobs through supporting capacity expansion and investing in technological improvements.