The concept of business incubation went on a victory tour, and governments realized that they needed to step in to help innovative ideas turn into global businesses. The State Accredited Technology Incubators could turn out to be the draft print for success.
The concept of business incubation went on a victory tour from Israel and Finland where governments realized that they needed to step in to help embryonic innovative ideas turn into global economic success. Hungary strives to become a regional startup giant by playing the same card. The recent award of Accredited Technology Incubator (ATI) titles could turn out to be the draft print of a bestselling story.Read more »
The National Innovation Office of Hungary announced the list of four technology incubators accredited by the State. The selected incubators get operational funding and become entitled to nominate companies to receive financial support from the State.
The National Innovation Office of Hungary announced the list of four Accredited Technology Incubators eligible for working with together with the State. Their mission will be to accelerate the growth of the local startup ecosystem by channeling funding from the Hungarian State for 20 grants worth around 5.5 million Euros in total. Read more »
The founders of Hungarian startups Prezi, Ustream, LogMeIn, and Seagate Technologies joined together to establish Bridge Budapest, a non-profit organisation that aims to inspire and motivate young people to dream, and to make their dreams come true.
Bridge Budapest is a non-profit association of Hungarian entrepreneurs who created globally used products and rapidly scaling businesses. It offers a fully financed fellowship program for Hungarian university students (graduate and post-graduate) and journalists to gain practical experience from companies like Facebook, Soundcloud, Twitter. They also invite students and journalists from all around the world to do fellowships at Logmein, Prezi or Ustream.Read more »
Amid a long, drawn out recession something quite unexpected is happening in Budapest. The Hungarian capital is becoming host to an eco-system for entrepreneurs and investors. Scott Alexander Young reports in the latest issue of Entrepreneur Country.
No-one could deny that the global recession has been felt keenly in Hungary. In all of Europe, the Hungarian worker is said to have the second gloomiest outlook only after the Greek. This is hardly the background you might associate with startups, venture capitalism and business incubators. However Budapest, the capital of Hungary is on its way to become a regional hub for start-ups, investors and incubators.Read more »
Along the Danube River lies one of the most beautiful cities in Europe: Budapest. Besides a good number of World Heritage Sites, Budapest is one of the most attractive metropolitan cities in Europe, and it also has a young, blossoming startup scene.
In the past years, a few successful Hungarian companies, such as Ustream, Prezi, and LogMeIn managed to build exceptional products and enter the global markets. These startups are a big inspiration to a lot of people, and they’ve had a significant impact on the startup culture emerging in Hungary. The startup scene is just awakening and the ecosystem in Budapest has only started its growth. As it grows, it fosters new ideas and ways of doing business, and it makes it easier for aspiring young talent to get enthusiastic about starting a business.Read more »
