According to a report by state news wire MTI , the four freshly called tenders affect all participants of the “innovation chain”, with funding made available to micro-, small and medium-sized businesses, large companies, as well as partnerships between universities and businesses.
The tenders serve job creation, the retention of existing jobs and, in particular, the strengthening of the R&D and innovation capabilities of SMEs.
A new type of tender is the one titled “SME Start Innovation”, and the ministry will continue to allocate support to market-oriented R&D and innovation projects.
It will become easier to submit applications for patent and intellectual property protection, and Hungarian college students will be encouraged to study at foreign universities, Palkovics said.
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