The Sándor Demján Capital Program aims to support investments by Hungarian micro, small, and medium-sized enterprises (SMEs), strengthen their capital position, and improve their creditworthiness. The program focuses on infrastructure and capacity expansion, market expansion, export activities, technological developments, digitalization, energy efficiency improvements, and general business development.
Key Features of the Program:
Its goal is to encourage investments by Hungarian micro, small, and medium-sized enterprises (SMEs), strengthen their capital position, and improve their creditworthiness. The program supports investments in the following areas:
- Procurement of equipment
- Acquisition of automation-supporting software
- ICT investment
- Development of e-commerce platforms and CRM systems
The program's total funding is HUF 100 billion, from which companies can receive equity investments ranging from HUF 100 to 200 million.
The funds provided under the program are available at an annual interest rate of 5%, thanks to state support. Enterprises can access the support with as low as 0% own contribution and without collateral requirements.
Eligibility Criteria
The program is open to Hungarian-registered micro, small, and medium-sized enterprises that:
- have had an average revenue of at least HUF 300 million over the past two years
- employ at least two people
- have at least two closed financial years
- operate as a limited liability company (Kft.) or private limited company (Zrt.)
- are at least 50% Hungarian-owned
Applications for the program can already be submitted until the funds are exhausted.
The Hungarian Chamber of Commerce and Industry (MKIK) will announce the start of the application period on its website. The program is implemented by the Hungarian Chamber of Commerce and Industry (MKIK), in collaboration with the National Capital Holding (NTH) and the Hungarian Development Bank (MFB), thereby ensuring appropriate representation of enterprises' interests and addressing their needs.
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