Central and eastern Europe’s largest startup centre was opened in Budapest’s Millenáris Park as the first project in a 5 billion forint (EUR 15.3) programme, on Monday.
At the opening ceremony of the Millenáris Startup Campus, Finance Minister Mihály Varga said that the initiative was aimed at “lending momentum to human assets” and improving conditions for businesses. In his address, Varga voiced the government’s readiness to support new ventures based on innovation and higher efficiency.
Gergely Gulyás, head of the Prime Minister’s Office, said that the new centre could become a “cradle for development promoting the Hungarian economy”.
The centre will contribute to the development of a “creative neighbourhood in which many could create new and useful things”.
State Secretary László György said at the ceremony that the government had allocated a total 360 billion forints to “build and innovation ecosystem” and spend another 600 billion forints on innovation and research and development projects under a 7 year programme. He noted that Swedish and Polish ventures have already “signed up” for the new centre.
The Millenáris Startup Campus, built using a 1.7 billion forint budget, has 180 work stations, 24 offices and meeting rooms and 3 auditoriums.
Featured image: MTI