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Good practice Imported

EIT Community Hub Budapest — multi-sector innovation accelerator for Central and Eastern Europe

Hungary · Budapest · See the Hungary profile · See the Budapest profile

Evidence: Descriptive / self-reported Top 29% 76/100 · Ask Evidence Copilot about this practice

EU-backed multi-sector innovation hub (opened Sep 2021) at Budapest's Infopark co-ordinating four EIT Knowledge and Innovation Communities. By 2024: 183 Hungarian startups supported, €24M+ investment attracted, 23 products launched to market, 40 corporate and university partners.

183
Hungarian startups supported (2021-2024)
24 €m+
Investment attracted (2021-2024)
EIT Community Hub Budapest — multi-sector innovation accelerator for Central and Eastern Europe

Details

Maturity
Scaling
Promoter
European Institute of Innovation and Technology (EIT) — coordinated by EIT Health
Period
2021–present
Region (NUTS)
HU11
Keywords
Deep tech, health, climate, urban mobility, digital

Context

The EIT Community Hub Budapest, opened in September 2021 at Infopark, coordinates four EIT Knowledge and Innovation Communities (Health, Climate-KIC, Raw Materials, Urban Mobility) for Central, Eastern and Southern Europe, with 50 on-site innovation specialists and 40 partner organisations.

Results

Between 2021 and 2024, 183 Hungarian startups received EIT support, attracting €24m+ in investment and bringing 23 innovations to market; 43 Hungarians completed EIT-labelled degrees and 3,400+ took part in non-labelled training.

Implementation
Indicative cost
Medium (€50k–€500k)
Time to results
Medium (1–3 years)
Staffing & skills
on-site innovation specialists, KIC programme coordinators

Conditions for success

  • co-location of multiple EU Innovation Communities in one facility
  • partnership with local universities and multinationals

Commonly funded by

National / regional programmes Horizon Europe

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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