Economic Development and Innovation Operational Programme

Programme description

Main objectives

The programme aims to stimulate the economies of the less developed regions in Hungary. Its most important priorities are the competitiveness of small-and medium sized enterprises, research and innovation, and employment. The programme also aims to develop the tourism industry, enterprises' energy efficiency, and information and communication technologies. Moreover it will stimulate the use of financial instruments to cover other objectives, like increasing renewable energy production and improving the energy efficiency of households and public buildings.

Funding priorities

The Programme will focus on different main priorities: 

• Increasing the competitiveness and productivity of SMEs
• Research, technological development and innovation
• Infocommunication developments
• Energy
• Employment
• Competitive labour force
• Tourism
• Financial instruments

Expected impacts:

• Over 300,000 unemployed people – nearly half of them under-25 years old, will benefit from job creation initiatives, with 450,000 people set to participate in training to enhance employability;
• Nearly 12,500 companies - including 1,500 start-ups to receive financial/advisory support, with 8,000 more assisted to enhance their use of e-services and ICT;
• Some 1,400 to benefit from improved energy and resource efficiency, while the programme will install 240 MW renewable energy production capacities;
• Nearly 3,000 research jobs to be created, giving a boost to SME innovation activities and Hungarian research institutes, while improving cooperation among private and public research centres;
• A million households to be linked to the new generation broadband network, with high-speed internet coverage being rolled out country-wide; and
• Some 1.6 million visitors expected to natural and cultural heritage sites as a result of investments in sustainable tourism – helping to grow local and remote economies.

Programme text

Gazdaságfejlesztési és Innovatív Operatív Program

Funds

Regional Development Fund (ERDF): 6.033.219.466,00 €

European Social Fund (ESF): 1.953.991.284,00 €

Thematic priorities

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Financial information

Total OP budget: 9.027.923.498,00 €

Total EU contribution: 7.987.210.750,00 €

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