The labour market in Hungary is evolving rapidly, and the Adult Education Training Funding in Hungary through the VIP Corporate ...
In recent years, publicly funded programs have become an increasingly important part of companies’ development strategies. Properly designed training programs, ...
From April 2025, three different VIP cash incentive program will provide Hungarian State Funding for Research & Development projects for medium and large companies planning innovation, research & development, or service investments/projects in Hungary. 1. Grant for New Research & Development Activities Hungarian State Funding for Research & Development is available to medium and large companies that plan to start R&D activities at an existing site or establish a new R&D center in Hungary ...
A major change is expected in the field of state-funded corporate training: the conditions for the training subsidy available through individual government decision (VIP cash subsidy) may soon become significantly simpler. Currently, applying for the subsidy requires the creation of at least 25 new jobs or an investment worth HUF 5 million. However, these entry conditions are expected to be eliminated – opening up this multi-million-euro subsidy opportunity to a much wider range of companies. What will be required for the training subsidy under the new rules? The subsidy can be applied for by companies that: The training subsidy can still cover up to 50% of training-related costs, up to a maximum of €3 million. What types of training are eligible? ...
The European Union and Hungary aim to fund businesses in training their employees, thereby contributing to improved productivity and the development of employees’ competencies throughout training subsidy in Hungary. However, for corporate training to qualify for state subsidies, they must meet general conditions, which we will go through below. Internal Corporate Training Eligible for Training Subsidy According to the Adult Education Act, internal training refers to any education and training organized by the employer for the employees of its own company, partner or affiliate company, or even its suppliers, provided it is not conducted as part of a commercial business activity and exceeds a total duration of 6 hours. If the employer hires workers through temporary employment agencies and provides training for them that meets the above conditions, it is also considered internal training. However, according to the Adult Education Act, only a company that has registered its adult education activity in advance is allowed to organize internal training. The registration can be made in the Adult Education ...
If you are planning corporate training for 2025 and preparing the associated budget, we have good news: as a large enterprise, you can receive up to 50% training subsidy, 60% for medium-sized enterprises, and up to 70% for small enterprises on the training fees. Additionally, the state aid for wages during the training period further reduces training costs, as illustrated in the example below: You can submit the Workplace Training Subsidy– GINOP Plusz-3.2.1-21 application until November 30, 2024. Through this scheme, small and medium-sized enterprises (SMEs) can access up to 75 million HUF in training subsidies, and large enterprises can receive up to 150 million HUF. Eligible Training Activities Under the training project, support can be provided for: Eligibility Criteria For detailed terms and to learn about individual opportunities, feel free to contact our team for further assistance.
Investment and Business Services
Hungary Kft.
Tax number: 32425897-2-13
1139 Budapest, Forgách street 11.
Do not miss the latest tenders and grants.
"*" indicates required fields
