The activity of small- and medium-sized enterprises (SME) is a key determinant of a country’s economic progress. The incentives policy regarding available financial instruments has undergone a major change over the past one decade, since the onset of the crisis, in Hungary. Due to that, under the Funding for Growth Scheme (FGS) some 40 thousand domestic SMEs have been granted funding of some HUF 2 800bn. Shortand long-term instruments have added some 2 percentage points to economic growth and some 20 thousand new jobs in the period 2013-2016.

For more information please check the attached file on the right side of the page!

(Ministry for National Economy)