GINOP Plusz 2.1.4-25

Everything You Need to Know About the Grant

Small and medium-sized enterprises meeting the following conditions may submit a grant application under the GINOP Plusz 2.1.4-25 – Support for Bringing SME Innovations to Market call for proposals:

• Business associations with a registered office in Hungary and maintaining double-entry bookkeeping, as well as Hungarian branches of enterprises with a registered office in a Member State of the European Economic Area;
• Applicants must have at least two completed financial years;
• The applicant’s average statistical headcount must have been at least six employees in the last completed financial year preceding the submission of the grant application;
• Applications may only be submitted individually; applications submitted by consortia are not permitted.

Experimental development means the acquisition, combination, shaping and use of existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include activities aimed at the conceptual definition, planning and documentation of new products, processes or services.

Experimental development may include the development or demonstration of pilot models of new or improved products, processes and services, as well as the testing and validation of such products in environments representative of real operating conditions, provided that the primary purpose of these activities is the further technical improvement of products, processes or services that have not yet been finalised.

It may also include the development of commercially usable pilot models that constitute commercial end products because their production is too costly for them to be used solely for demonstration and validation purposes.

Optional Activities

Funding for equipment purchases may only be granted if the planned investment qualifies as an initial investment resulting in the diversification of the output of an existing establishment into products not previously manufactured at that establishment.

Funding may be granted for an initial investment resulting in the diversification of the output of an existing establishment through the introduction of a new activity or product only if the eligible costs exceed by at least 200% the book value, recorded in the financial year preceding the commencement of the investment, of the tangible and intangible assets used for the original activity and intended to be used for the new activity as well.