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Building up a broad financial intermediary level in channeling financial instruments

Publication Good practices

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 non-refundable and refundable assistance. This good practice has as objective the set up of an extensive distribution network of financial intermediaries that offers financial instruments at favorable conditions to a wide range of businesses including microenterprises.