Aquincum incubator
Published on 01 March 2018
Hungary
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About this good practice
Aquincum Incubator is one of the leading startup development centers in Hungary. The incubator was founded by Hungarian and American entrepreneurs, business angels and experts who have launched, managed and successfully exited from a series of startups in Hungary, in Central Europe and in the USA. This incubator is a unique, structured meeting platform between startups, business angels and competitive business entities. The aim of the Aquincum Incubator is to help passionate and visionary technology entrepreneurs showcase their early stage projects and become successful in international markets, by making its knowledge base, investment capital and broad relationship network available to them.
An important element of the incubation program is transferring the ability to turn an idea into business. In possession of the experience gained from successful businesses, founders and experts of the incubator can substantively contribute to the success of incubated companies and help them overcome obstacles to their development.
The incubator received accreditation by the Hungarian National Innovation Office (as one of only 4 incubators in Hungary) for the 2013-2023 period. As such, our portfolio companies are eligible to take advantage of Hungarian startup grants amounting up to $500,000 per project. The background of the founders substantially determines the focus areas of incubation. The company primarily intends to build a community of innovative startups in IT, communication tec
An important element of the incubation program is transferring the ability to turn an idea into business. In possession of the experience gained from successful businesses, founders and experts of the incubator can substantively contribute to the success of incubated companies and help them overcome obstacles to their development.
The incubator received accreditation by the Hungarian National Innovation Office (as one of only 4 incubators in Hungary) for the 2013-2023 period. As such, our portfolio companies are eligible to take advantage of Hungarian startup grants amounting up to $500,000 per project. The background of the founders substantially determines the focus areas of incubation. The company primarily intends to build a community of innovative startups in IT, communication tec
Resources needed
Our portfolio companies are eligible for initial capital and startup grant financing amounting up to HUF 120 million.
Evidence of success
70 project application had been accepted and received full consultation and incubation services so far.
Potential for learning or transfer
Aquincum Incubator offers an innovative environment, in-house incubation and business services. Moreover, applicants will have access to a pool of mentors and export promotion services to support their vision. The incubator supports the incubated companies by providing a global network of professionals in investment banking, management consulting and business development.
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
IFKA Public Benefit Non-Profit Ltd. for the Development of Industry
Hungary