Following formal assessment, 195 proposals made it to the qualitative assessment stage with a total funding request of over HUF 38 billion (EUR 125 million). In the second assessment round of 2017 eighty businesses were awarded non-refundable funding of more than HUF 16 billion in total (over EUR 52 million), up to the full budget of the call, to implement their projects in Budapest or Pest county as follows.

The call is aimed at fostering the research, development and innovation activities of domestic businesses and thus contributing to the development of new marketable products, services or technologies, including prototypes, with high added value. The funded projects will be implemented by businesses independently or in consortia of up to three members. The call is financed from the National Research, Development and Innovation Fund.

The “Support of business RDI activities” (VÁLLALATI KFI_16) call offered HUF 80 to 500 million (EUR 260 to 1,640 thousand) in funding to micro, small and medium size enterprises as well as large companies for projects that fit in one of the sectoral priorities of the National Smart Specialisation Strategy. The call completes the total budget of HUF 72 billion (EUR 236 million) of the GINOP 2.1.1-15 call and the total budget of HUF 17.62 billion (nearly EUR 58 million) of the VEKOP call, both announced earlier from EU sources for similar purposes but open to applicants in the less developed regions only, by providing domestic sources from the NRDI Fund to applicants in Central Hungary region. The scheme had a total budget of HUF 21 billion (nearly EUR 69 million) in 2016 and HUF 30 billion (EUR 98 million) in 2017, but due to the extraordinarily high participation rate of SMEs the latter was increased to nearly HUF 35.5 billion (EUR 114 million). In the first assessment round of 2017 almost 100 businesses received over HUF 19 billion (EUR 62 million) in non-refundable funding to implement 88 projects in Budapest or Pest county.

FUNDED PROJECTS IN 2017 (2nd ROUND)

Funding organisation: NRDI Office
Source: NRDI Fund
Date of decision: 15 November 2017

In the framework of the call micro, small and medium enterprises and large companies may apply independently or in consortium for HUF 80 to 500 million in funding for their RDI activities that fit into one of the sectoral priorities identified in the National Smart Specialisation Strategy.

In the first assessment round of 2017 nearly 100 businesses from Budapest and Pest county received altogether over HUF 19 billion in non-refundable funding to implement 88 projects as follows.

FUNDED PROJECTS IN 2017

Funding organisation: NRDI Office
Source: NRDI Fund
Date of decision: 08 June 2017 

In the framework of the call knowledge-intensive, innovative businesses operating in the Central Hungary region could apply for funding for projects aimed at the in-house development of new marketable products, services and technologies with significant intellectual added value or for RDI activities implemented independently or in consortium, reaching at least the prototype or MVP (minimum viable product) phase. The call is open to project proposals that fit in with one of the sectoral priorities identified in the National Smart Specialisation Strategy.

FUNDED PROJECTS Round 1

Funding organisation: NRDI Office
Source: NRDI Fund
Date of decision: 21 November 2016