Hungary aims for bigger share of EU Horizon funding

EU

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Hungary aims to boost its share of funding available in the European Union's Horizon program for research and innovation to 2.18% of the more than EUR 95 billion allocation in 2021-2027, Innovation and Technology Minister László Palkovics said at an international conference held online on Monday to mark the launch of the program's next phase.

In the previous phase of the Horizon program, Hungary used almost EUR 365 million, or 0.6% of the total scheme allocation, to support 1,108 projects, Palkovics said. The most Horizon funding went to projects in the ICT, healthcare, and food industries, he added.

The minister said an appropriate balance between curiosity-driven research, applied research designed to meet challenges and market-driven innovation would be struck in tenders for the next round of Horizon funding.

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