Hungarian government launches program to support ICT startups

Incubators

Photo by Pixabay

The Hungarian government today launched a program entitled INPUT to support ICT startups in Hungary with HUF 2.5 billion in European Union funding, according to reports.

Based on program regulations, funding cannot be granted to businesses but it must be spent on presentations, interactive workshops and consulting, Hungarian news agency MTI reported today citing the state secretary for ICT and consumer protection.

The government expects to reach approximately 800 startups outside of the capital; approximately 300 are to receive help in launching their innovative developments and around 200 startups are expected to receive assistance in entering markets abroad.

ADVERTISEMENT

Gen Gov't Finishes January Close to HUF 144 bln in the Red Debt

Gen Gov't Finishes January Close to HUF 144 bln in the Red

IMF Urges Hungarian Authorities to Carry out Structural Refo... Government

IMF Urges Hungarian Authorities to Carry out Structural Refo...

Futureal Integrates Commercial Development, Asset Management... Residential

Futureal Integrates Commercial Development, Asset Management...

Nyugati Renovation Continuing City

Nyugati Renovation Continuing

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.