Hungary aims for bigger share of EU Horizon funding
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.
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.