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.
Green Energy – Episode 2 Effective energy efficiency? Green Energy and Subsidies in Hungary, such as EKR, TAO discount, other cash grants? Let’s clarify the terms and see how we can make our energy efficiency investment cost-effective. We closed the first article of our GreenGrantsGuide blog series by gathering information on the areas affected by the green transition and the steps and measures necessary to achieve the 2030 climate goals. Among these, ENERGY EFFICIENCY played a key role. This article of the GreenGrantsGuide focuses on this topic and shows the available resources and how to combine them consciously. Let’s go through them one by one. EKR or the Energy Efficiency Obligation Program Under the EKR, companies can not only save energy but also earn money. This is because energy companies – such as electricity, gas, or heat providers – are obligated by the government to achieve a specific amount of energy savings within a given time period. These savings can be achieved in various ways, such as by installing energy-efficient equipment, insulation programs, introducing energy-conscious technologies, or involving other market players and realizing energy savings through their investments. That is, energy companies can offer various incentives (e.g., discounts, subsidies, or free services) to encourage consumers to make energy efficiency investments. What does this mean for a company? It means that the company can sell its certified energy savings (HEM) generated from its energy efficiency investment on the market, providing an additional revenue source, apart from the cost savings. As a result, the payback period for energy efficiency investments can be much quicker. ...
The conditions for the „Support for Focus Area Innovation Projects” under the „GINOP Plusz 2.1.1-24” subsidy scheme have been published. Starting from November 13, applications can once again be submitted for the Focus Area Innovation Projects subsidy, with non-repayable support ranging from 300 million HUF to 800 million HUF. Main Features of the GINOP Plusz 2.1.1-24 Subsidy: Eligible Activities for the Subsidy: For detailed rules and further information, click [here].
The new New SME Investment Subsidy and Loan Program Announced by Minister Márton Nagy consists of two main pillars: a new investment subsidy for SMEs and an export-promoting loan program. Minister Nagy emphasized the need to build a targeted investment support system for SMEs, similar to the VIP Cash Grant program that supports large investments. What can be expected from such a new SME VIP Cash Grant program, and what could be its key advantages? Loan Program If the program successfully combines the strengths of the currently popular VIP Cash Grant and the needs of the SME sector, it could provide a tremendous boost for domestic businesses. We will provide detailed information about the specific rules of the SME VIP Cash Grant program after its official launch. For further ...
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