DEEPSEA Hungary

 

The DEEP Startup Ecosystem Accelerator is the world’s leading growth program for startup and innovation ecosystem builders and has helped to raise over €8 million for ecosystems in more than 30 countries.

Over the coming two years, we will launch 8 ambitious moonshot projects for the Hungarian Ecosystem. Tackling big challenges like university tech transfer, connecting to global diaspora and attracting growth capital, the DEEP Startup Ecosystem Accelerator Hungary empowers local leaders with cutting-edge market intelligence and a global network of innovation institutions. Over two years, it will align key stakeholders, unlock international partnerships, and accelerate sustainable growth across the Hungarian startup landscape.

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Accelerating Hungary’s Path to Innovation Leadership

 

Read an analysis on the current state and growth levers published in the quarterly journals of the National Bank of Hungary on economics and finance by László Bódis and Ádám Kiss.

 

Key recommendations for the Ecosystem:

  • Improve Coordination and Strategy Alignment: There is a need for a coordinated national innovation strategy that aligns public policy, funding, and institutional support systems toward shared objectives.

  • Strengthen Regional Innovation Hubs: Budapest dominates the ecosystem, but efforts must be made to develop and connect regional innovation hubs to foster inclusive, decentralized growth.

  • Foster International Collaboration and Networks: Hungary must increase its participation in international innovation networks, including EU initiatives, to attract knowledge, partnerships, and investment.

  • Enhance Startup Support Infrastructure: Business support services like incubators, accelerators, and mentoring programs need to be more integrated, professionalized, and better aligned with startup lifecycle needs.

  • Mobilize Private Capital and Reduce Dependence on Public Funding: A more dynamic venture capital landscape and greater private sector involvement are essential to reduce reliance on state funds and promote sustainable startup growth.

 

László Bódis, Deputy State Secretary for Innovation, Ministry of Culture and Innovation, & CEO of the Hungarian National Innovation Agency

Startup Ecosystem Hack Hungary

- Build A Vision, Unite Your Ecosystem

1 July 2025, Budapest

Register for the Ecosystem Hack

The Ecosystem Hack on 1 July in Budapest unites key actors of the Hungarian innovation ecosystem around a shared vision and concrete action.

Supported by international experts – from unicorn investors to serial entrepreneurs – the workshop helps identify local strengths and kick-start collaborative, future-oriented projects.

The outcomes of the Hack directly shape the projects selected for the DEEPSEA Accelerator and the two-year implementation program.

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Implement world class startup support programs and ecosystem initiatives in your region and raise funds for them!

The 2-year ecosystem acceleration and the DEEPSEA program enable advanced ecosystem hubs to develop world-class innovation support offerings and to raise funds for their activities via public funding applications and the development of own business models.

Startup Ecosystem Accelerator

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Timeline

View the full 2-year roadmap here

The Challenge

Hungary’s innovation ecosystem lacks international visibility, sustainable business models, and strong global connections. We are looking for ecosystem builders who tackle these gaps by activating communities, providing strategic guidance, and building long-term international partnerships.

Diaspora traction reintegration

Bringing Hungarian talent home to fuel innovation, share expertise, and expand international networks.

Spin-Offs

Turning research into startups by supporting commercialization and deep tech entrepreneurship from universities.

Cybersecurity

Building expertise and partnerships to strengthen digital security and tech sector growth.

 

Impact Innovation

Driving ventures that solve social and environmental challenges while attracting global impact investors.

Internationalization

Empowering startups to access global markets, scale faster, and form international collaborations.

 

Health

Accelerating health tech solutions to enhance patient care and boost Hungary’s medtech leadership.

 

 

The Outcomes

Frequently Asked Questions

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