Beneficiary name: FrontEndART Software Ltd.
Contracted support amount: HUF 29,400,000
Support rate (%): 70%
Project description:
The company's goal — assessing the business potential within its established network of business relationships and customer base — is to grow steadily to 35-40 employees over the next 2-3 years. In addition to the current outsourcing and other software development activities, a significant market opportunity for the company lies in the continuous development and sale of its own products. The company works with stable, long-standing partners, focusing primarily on financial and development areas. The number of incoming orders, in line with customer satisfaction, has begun to increase steadily, leading FrontEndART Ltd. to reach its capacity limits. To retain customers, further improve performance, and step up to a higher market level, staff expansion has become essential.
The goal of this project is to increase the company's capacity by hiring five new full-time software developers—four junior and one senior—working 8 hours a day, 40 hours a week. The expanded workforce is intended to be used for the development of the company's own products (Quality Gate and SourceMeter), alongside providing larger-scale services. This diversification will contribute to the stabilization of our jobs and the predictability of operations. The Szeged headquarters, in terms of size, is comfortably suitable for employing up to 50 people simultaneously, with planned workstations providing the necessary infrastructure for future new employees.
Project start date: 2020.04.01
Project completion date: 2022.12.30
Project ID: GINOP-5.3.12-19-2020-00404