The fund aims to encourage the strengthening of R&D and technological innovation at universities, colleges and research institutions in the Észak-Alföld Region. The objective of the fund is to develop regional innovation processes, encourage applied research and promote the practical application of research results, with a special focus on renewable resources and agrarian innovation.
Eligible applicants for funding were institutions of tertiary education, non-profit research institutes, foundations and public foundations which have their head office or a branch in the Észak-Alföld Region of Hungary. More than €765,000 in grant support was provided to research institutions following the one and only call for project proposals.