New tender for venture capital deals following failed first round

By MTI

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The National Development Agency (NFU) on Wednesday said it called a new tender for venture capital programmes in the Central Hungary region and convergence regions.

Applications may be submitted until August 28. Decisions are expected to be announced by October 9.

The tender is expected to attract HUF 4bn in funding for the Central Hungary region and a combined HUF 36.5bn for the country’s other six regions from private capital and venture capital fund managers.

The new tender was called after the NFU declared an earlier one to be without result on June 8.

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