Implementing research and development (R&D) projects requires significant financial investment, which is why R&D funding opportunities can be a great help for companies and institutions. However, to account for a project’s R&D eligible costs under a grant or tax incentive, specific accounting and financing rules must be followed. Only those expenses directly related to the project, incurred during the project’s execution, and used exclusively for its implementation can be accounted for as eligible costs. Furthermore, if a project includes multiple activities, they must be classified into different R&D categories, such as applied research or experimental development, to determine the amount of eligible support. So, what R&D eligible costs can be determined exactly? Let’s take a look at the key categories: 1. Depreciation of Buildings and Infrastructure R&D projects often require specialized laboratories or other research facilities. The rent or depreciation of these buildings can be accounted for, but only to the extent they are actually used for the project. Example: A biotechnology company launches an R&D project to develop a new pharmaceutical product. The research takes place in ...
At the Business Fest Debrecen 2024 event, the executives of Investment & Business Services Hungary (ibsh) provided comprehensive state aid advisory to the attending businesses. On November 7, 2024, Debrecen hosted this year’s Business Fest event, where Adrienn Oláh-Kántor and Dr. Zsombor Tóth, executives of ibsh, presented comprehensive state aid proposals to the businesses in attendance. The presentation highlighted strategies and funding opportunities that help companies in the region grow. The presentation emphasized that the development of the Debrecen region offers significant opportunities for businesses capable of creating the necessary resources to establish new jobs, make value-creating investments, and finance innovation and training. The speakers underlined that the thoughtful construction of support strategies goes far beyond merely securing funding—it can increase a company’s competitiveness at various points. ...
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].
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