Want a website or webshop? Hungary offers up to EUR 3,800 in vouchers for SMEs

More than 1,200 SMEs received subsidies by the beginning of July in a recently launched government scheme to raise their online profiles, the National Economy Ministry said on Friday.

Over 4,600 applications have been approved for HUF 6 billion of the available HUF 9 billion of subsidies, Richárd Szabados, the state secretary for SMEs, said. Small and medium-sized enterprises may apply for vouchers with a value of between HUF 400,000 (EUR 1,000) and HUF 1.5 million (EUR 3,770) to launch a website or webshop or establish a presence on social media. The scheme is part of the Demján Sándor Programme for scaling up SMEs.

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