ABOUT THE ORGANISATION
About the Organisation
The Deputy State Secretariat Responsible for Implementing Economic Development Programs in the Ministry of Finance acts as the Managing Authority for the Economic Development and Innovation Operational Programme 2014-2020 in Hungary (EDIOP). EDIOP covers the 6 convergence regions of Hungary (excluding Budapest and Pest County).
EDIOP is financed from ERDF, ESF and co-financed by the Hungarian state budget. Total financial frame is EUR 8 813 million.
EDIOP includes eight thematic priorities:
- SME competitiveness;
- Research and Development and Innovation;
- Infocommunication Technologies;
- Energy;
- Employment;
- Training;
- Tourism;
- Financial instruments including loan, guarantee and equity products.
Total volume of financial instruments is EUR 2 235 million.
Previously the State Secretariat acted as The Managing Authority (MA) of the Economic Development Operational Programme 2007-2013 in Hungary (EDOP). EDOP was financed from ERDF and co-financed by the Hungarian state budget. Total financial frame was EUR 3 363 million.
EDOP included four thematic priorities:
- R&D and innovation for competitiveness;
- Complex development of enterprises (focusing on SMEs);
- Improvement of modern business environment;
- Financial instruments including loan, guarantee and equity products.
Total volume of financial instruments was EUR 727 million.
Throughout the past years we have accumulated considerable experience in the implementation of financial instruments in Hungary through launching and managing numerous FI projects in various product groups.
 | Institutional profile Managing Authority (MA) for the Economic Development Operational Programme at the National Development Agency, Hungary was responsible for the overall programme management of the Economic Development Operational Programme 2007-2013 (EDOP). EDOP was one of the sectorial operational programmes in Hungary co-funded by ERDF and the Hungarian government. EDOP included nonrefundable and refundable assistance |
 | Type of Organizatione Government Body |
 | Country Hungary |
 | Products & Services provided Financial: Business microloans, Personal microloans, Business loans (>25,000), non-refundable financial assistance (grants). Non-financial: Nones |
 | Gross Loan Portfolio Combined product EUR 173.4 Million; Loan products EUR 353.7 Million. EUR 527 Million for entire project |
 | Number of clients 7,820 clients in the combined scheme; 6,122 clients in the loan products. Altogether 13,942 clients |
 | Target Audience People excluded from mainstream financial services |
 | Organization Website https://www.palyazat.gov.hu/program_szechenyi_2020 |
Information about Project Partner
The EDIOP Managing Authority manages a broad variety of financial instruments products for 6 regions in Hungary using ERDF and ESF sources and domestic co-funding. Products include microloans, loans, combined products comprising of loan and non-refundable grant and equity-type measures.
Priority target groups of EDOP include young entrepreneurs, unemployed people and inactive population, female entrepreneurs and social enterprises. EDIOP offers dedicated measures and/or preferential treatment for these target groups.
ATM for SMEs made it possible to learn a number of workable solutions in the field of microfinancing. The most interesting examples for us are collateral requirements; complex products including mentoring, coaching; loan approval mechanisms; specifically targeted products; and innovative promotion of products and initiatives.
Downloadable documents