An unprecedented amount of investment support requests were received from businesses, so the government decided to accept all applications, announced the State Secretary for Economic Strategy and Regulation of the Ministry of Innovation and Technology (ITM) on Facebook on Thursday.

László György said in a video shared on the social media site that the restart has revived the greatest desire to invest in businesses ever. Therefore, the government decided to take three measures: one, to accept all investment support applications that were completed before the application deadline and were waiting to be submitted in closed form; the second is that the additional 100 billion forints that would have been available in the second and third stages of the tender scheme will be "raised" to the 100 billion frame.

"Therefore, the entire HUF 200 billion frame is now available to companies wishing to invest," the state secretary pointed out.

Regarding the third measure, László György said that all businesses, that is, all tenders, will be ranked according to score, so they will be able to support the most competitive ones.

MTI

Cover image: Illustration - MTI Photo by Zsolt Czeglédi