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project info
Start date: 26 July 2018
End date: 29 January 2023
funding
Fund: European Social Fund (ESF)
Total budget: 37 095 299,39 €
EU contribution: n/a
programme
Programming period: 2014-2020
Managing authority: Nemzetgazdasági Minisztérium Gazdaságfejlesztési Programokért Felelős Helyettes Államtitkárság

Support for jobseekers to become entrepreneurs

The Government of Hungary has set itself the objective of reducing unemployment for jobseekers, increasing their employment opportunities through measures aimed at becoming entrepreneurs and developing start-ups. The most important net job creators in Hungary are micro and small enterprises, almost two thirds of which are single-person enterprises, mainly self-employed. In view of this, encouraging entrepreneurship, supporting the creation of new businesses, improving their skills, raising awareness of entrepreneurship and encouraging their entrepreneurial attitude towards setting up and running such enterprises can contribute to increasing the level of employment of jobseekers. The Government intends to achieve this objective by supporting the start-up of enterprises established by the Hungarian State Treasury, prepared for business start-ups and business development and with an approved business plan. In order to achieve the above objectives, the Government shall lay down the annual development framework of the Economic Development and Innovation Operational Programme (hereinafter referred to as the ‘Economic Development and Innovation Operational Programme’) No 1006/2016. (I.18.) Korm. By decision, it decided to support the priority project GINOP-5.1.10-18 entitled ‘Supporting the Entrepreneurship of Finders’ (hereinafter referred to as ‘the Project’). The Hungarian State Treasury (hereinafter referred to as the Treasury) was designated as an applicant for assistance in the Government Decision. The Government Decision sets the amount available for the implementation of the project at HUF 13.35 billion, which is co-financed by the European Social Fund and Hungary’s budget. The aim of the present project is to support the capital of enterprises launched by the Hungarian State Treasury on the basis of a business plan approved by the Hungarian State Treasury in order to reduce unemployment in the less developed regions of Hungary, i.e. in areas outside the territory of Budapest and Pest county. Accordingly, the target group of the project is individual or social enterprises established by registered jobseekers over the age of 30, registered with the National Employment Service, participating in the GINOP-5.1.9-17 programme. The period of implementation of the project will run from 26 July 2018 to 31 December 2022, as set out in the call for proposals, including the period available for financial clearance after its physical completion on 31 October 2022. The Treasury uses the framework of the Integrated Administration and Control System (IACS) for the effective implementation of the support activity, which will be further developed within the framework of the project (IACS+ system) in order to ensure the implementation of the tasks related to the aid scheme defined in call for proposals No GINOP-5.1.10-18 (hereinafter referred to as the call). This project is directly linked to call GINOP-5.1.9-17, under which potential entrepreneurs are trained, acquire and develop the skills needed to start a business, acquire knowledge of basic legal, financial, farming, work organisation, management and management, learn about the types of entrepreneurship, prepare to become self-employed or become entrepreneurs, which will enable them to make proper use of the capital support available in this project.

Flag of Hungary  Budapest, Hungary