Hungarian Economic Development Agency Public Benefit Non-profit Limited Company Member

The company Hungarian Economic Development Agency Public Benefit Non-profit Limited Company (in short: MGFÜ – Hungarian Economic Development Agency) has been a part of our country’s economic, development, research and innovation community since 1990. The organization was founded by the Ministry of Industry and Trade and the Bank for Industrial Development under the name of the Foundation for Industrial Technological Development and was transformed into a public foundation in 2004. In 2024 the name of the company changed to Hungarian Economic Development Agency.

It has the capability to attract significant resources to its public benefit purposes and effectivly competes within the competitive domestic and European Union professional environment through its projects. In addition, it provides complex business development support, helping Hungarian enterprises to implement their development and business building plans even more effectively than before. The activities of MGFÜ are in line with domestic and EU objectives.