Hungarian startups meet with Israel-based businesses

Deals

The National Economy Ministry, the National Innovation Office (NIH) and the Israeli Embassy to Hungary hosted the first Israel-Hungary Innovation Day at Graphisoft Park yesterday in Óbuda.

NIH acting chairman László Korányi stated that an agreement signed on Wednesday by his office would provide €2 million in funding to Israel- and Hungary-based business looking to establish or advance business relations.

Economic Strategy State Secretary Zoltán Cséfalvay meanwhile announced the established of a working group by the National Economy Ministry that seeks to transform Budapest into an international center for startups in Central and Eastern Europe by the end of this decade.

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