1. Innovation and Start – ups – the growth potentials Mihály Pintér Department of Domestic Affairs - Acting head of department

2. 2www.nih.gov.hu National Research, Development and Innovation Office 1st January 2015 Main tasks and responsibilities -Research, development and innovation processes management and administration -Coordinating the use of domestic and EU funds -Promote domestic innovation capability Strategic goal -To make Hungary an RDI centre Take-off point -for the Hungarian economy is research, development and innovation -making Budapest a startup hub

3. Success story July 2014 contact October 2014 Innotrends Hungary 2014 bid: 200.000 € order: 30 drone October 2014 Pioneers Festival

4. Enterprise development, supporting entrepreneurship Mentoring & coaching Application counselling Networking & building relations Provision of social fora, e.g. workshops, meetups Product development & intl. market entries Competitions & events Financial consultancy Patent application & industrial property protection consultancy Presenting success stories in innovation Innovation Services NRDIO’s Innovation Services Public administration, intermediation & agency-type tasks www.nih.gov.hu

5. What describes a great startup city? Active participants – entrepreneurs, start- uppers Investors – seed financing (angels, VC’s) Incubators, accelerators Universities, TTO-s Supporters – event organisers, teachers, co- working offices Government – National Innovation Office 5www.nih.gov.hu

6. Mentoring and coaching programmes Role of NIO: Help implementing ideas Provide consultancy for one year by matching start-ups with mentors Organizing events to enhance networking Organizing professional lectures on startup related topics Free 6www.nih.gov.hu

7. Thank you for your kind attention!