The Hungarian government set up Horizon Europe guarantee fund

The government will provide funding of HUF 5 billion in the first round.

The new financial guarantee is a response to the decision of the European Commission, which in January limited the participation of twenty-one Hungarian universities in the Horizon Europe and Erasmus+ programs.

Affected institutions can submit their applications for funding in a simplified and accelerated procedure through the NRDI Office’s individual support system. The amount of funding available is equal to the amount of the university’s requested EU contribution to the winning Horizon Europe project. The NRDI Office will provide a 100% advance when disbursing the grant. Once the application has been submitted, the NRDI Office will immediately take administrative steps to conclude the grant contract.

More information including the contact details can be found on the NRDIO website.