In the next two years it is inevitable to double the annual budget of the National Research, Development and Innovation Fund by 2020 from the current HUF 83 billion, that is, “the state should contribute the same amount as businesses to the Fund which facilitates research, development and innovation” – József Pálinkás urged in an interview with Portfolio.hu.
Businesses in Hungary have launched 2,000 new research, development and innovation projects since 2015 with domestic and EU funding of HUF 300 billion (EUR 1 billion). Annual funding provided to businesses from the National Research, Development and Innovation Fund to promote innovation doubled in 2017 as compared to 2015.
Through increasing resources and new calls announced to support research excellence and projects of researchers below the age of 40, the NRDI Office has delivered on its 2017 promise to renew the system of calls for discovery research proposals – announced József Pálinkás at the RDI Calls Forum on 25 January. Such events are regularly organised by the NRDI Office to improve the quality of research and innovation proposals by sharing assessment experiences.
Focus on businesses and practical application
As in the past two years, substantial funds are available for businesses from the National Research, Development and Innovation Fund in 2018, totalling at HUF 30 billion (EUR 98 million). Two other funding schemes with a total budget of HUF 31 billion (EUR 101.5 million) aim to stimulate research-industry cooperation to ensure that research results end up in innovative marketable products and technologies in fields such as artificial intelligence, protein research and clean water.