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HUF 3 billion in the convergence regions regrouped for the benefit of combined micro credits 3 July 2012

The government regrouped HUF 3 billion for the benefit of the New Széchenyi Plan Combined Micro Credit Programme in the six converge regions, the National Development Agency (NDA) informed MTI on Friday.

The six convergence regions in Hungary are North Hungary, North Great Plain, South Great Plain, Central Transdanubia, West Transdanubia and South Transdanubia. The Central Hungary Region, were based on its development level the rules of using European Union funds differ from the convergence regions, does not belong to them.
According to information given by the Agency, based on the received applications and feedback the government decided to regroup HUF 3 billion in the case of the budgets of bidding rounds “Development of micro enterprises” (code number EDOP-2011-2.1.1/M) and “Complex development of corporate technology for micro, small and medium sized enterprises – CLG” (code number EDOP-2011-2.1.1/CLG) announced within the framework of the New Széchenyi Plan.

The budget amount of the Development of micro enterprises application increased from HUF 15 billion to HUF 18 billion by the regrouping, and at the same time the combined loan guarantee budget of the Complex development of corporate technology for micro, small and medium sized enterprises application decreased from HUF 4 billion to HUF 1 billion.