Innovation Program’s Tenders Strengthen the Country’s Competitiveness

Innovation Program's Tenders Strengthen the Country's Competitiveness

One of the main goals is to make Hungary one of the top 10 innovators in Europe by 2030.Continue reading Hungary’s competitiveness is poised to receive a significant boost through tenders totaling almost HUF 340B (EUR 866M) under the János Neumann Program, as announced by the Secretary of State for Innovation, Higher Education, Vocational Training, and Adult Education of the Ministry of Culture and Innovation. Balázs Hankó outlined that these funds aim to propel Hungary into the top 10 innovators in Europe by 2030, with aspirations for one of its universities to rank among the world’s top 100, at least three among Europe’s best, and its vocational education and training to achieve global recognition. In recent years, the research network, higher education, and the innovation system have undergone significant renewal, elevating the Hungarian innovation system to a new level. Currently, twelve Hungarian universities rank in the top 5 percent, with some even breaking into the top 1 percent,” he explained, setting the stage for ambitious expectations. Allocating HUF 147B (EUR 374.4M) of the funding to call for proposals launching in May under the János Neumann Program’s innovation strategy, and earmarking HUF 193B (491.5M) for proposals with EU support, the Secretary of State outlined a multifaceted approach. These initiatives will provide comprehensive support for researchers throughout their careers, foster internationalization in Hungarian higher education, and drive infrastructure and methodological advancements in vocational education and training. From mobility and mentoring opportunities for university students to career guidance for vocational students, the aim is to empower individuals while forging strategic partnerships between businesses, researchers, universities, and training institutions. The overarching goal is to generate 200 new patents and products, potentially yielding at least HUF 50B (EUR 127.3M) in additional revenue annually. Emphasizing the importance of collaborative efforts, László Bódis, CEO of the National Innovation Agency stressed the need to fortify partnerships between research institutions, universities, and the industrial research network to nurture Hungary’s innovation ecosystem. Mr. Bódis suggested that public support, including direct subsidies, could bolster market players. The National Innovation Agency is actively engaged in facilitating knowledge utilization, advising on marketization strategies for university-generated knowledge, and facilitating connections between innovative companies and appropriate partners. Recognizing the need to bolster Hungary’s startup ecosystem, László Bódis highlighted the imperative of nurturing homegrown talent to drive innovation. With the Agency’s support, the goal is to empower emerging innovators to chart their own course to success, rather than relying solely on multinational corporations. Beyond domestic initiatives, the National Innovation Agency is committed to elevating Hungary’s profile on the international stage by promoting its innovation system and fostering a conducive climate at home. The institution also aims to attract globally renowned events to Hungary, enhancing its reputation as a hub for innovation. Via MTI; Featured Image: Pixabay