At the initiative of the Ministry of Innovation and Technology, the use of more than HUF 1.5 trillion in higher education development funds from the Action Plan to Reboot the Economy has reached an important milestone.
The government will use the money to support the renewal of universities to offer Hungarian youth quality education, stressed József Bódis, the state secretary of the ministry responsible for higher education, innovation and vocational training.
Higher education is set to be the biggest winner of the action plan to restart the economy, as Hungary is preparing to launch an unprecedented program to modernize and improve higher education here, he added.
Between 2021 and 2026, four times as many resources will be available for higher education institutions as in the previous EU cycle, the ministry announced.
Of the HUF 1.5 trillion earmarked for the developments, HUF 955 billion will go toward a call to reform the infrastructure, organization and educational development of higher education institutions; the tender is available on the website of the National Office for Research, Development and Innovation (NKFIH).
In the first phase, NKFIH awaits comments on higher-education project plans. This specific call aims to support the institutional preparation for the HUF 955 billion tender through a preliminary professional evaluation of the development proposals. A supporting professional opinion is a precondition for future submission.
Another HUF 382 billion will encourage the establishment of science and innovation parks as well as national laboratories, while HUF 172 billion will encourage the renewal and strengthening of vocational, adult and higher-education training.
The government hopes as many institutions as possible will take advantage of the historic development opportunity. The investments will create a chance for science, research and higher education to become the driving force of economic growth over the next decade and for Hungary to become a regional knowledge center, József Bódis added.