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Entrepreneurship in Hungary

Entrepreneurship in Hungary
Entrepreneurship in Hungary
Hungary has established itself as a strong tech and innovation hub in Central Europe, with Budapest at the heart of its startup ecosystem. The country has a booming software development, biotech, and AI sector, supported by affordable operational costs, government incentives, and a strong talent pool. Budapest attracts both local and international entrepreneurs with its growing network of incubators, accelerators, and venture capital firms. Other cities, such as Szeged and Debrecen, contribute to Hungary’s innovation landscape, particularly in life sciences and deep tech. With EU funding, startup-friendly tax policies, and an expanding tech community, Hungary is an ideal location for startups aiming to scale within Europe.
Hungary has established itself as a strong tech and innovation hub in Central Europe, with Budapest at the heart of its startup ecosystem. The country has a booming software development, biotech, and AI sector, supported by affordable operational costs, government incentives, and a strong talent pool. Budapest attracts both local and international entrepreneurs with its growing network of incubators, accelerators, and venture capital firms. Other cities, such as Szeged and Debrecen, contribute to Hungary’s innovation landscape, particularly in life sciences and deep tech. With EU funding, startup-friendly tax policies, and an expanding tech community, Hungary is an ideal location for startups aiming to scale within Europe.
Hungary founders in numbers
The cofounder landscape in Hungary shows key patterns in startup activity and founder backgrounds. Among entrepreneurs in this region, 47% are exploring startup ideas, while 53% have committed to specific ventures. This mix of early-stage ideation and established projects shapes the Hungary startup community. Demographic insights about Hungary cofounders reveal a median age of 28.5, with an average of 33. The 25-32 age group makes up 40.9% of cofounders in Hungary. These age groups bring varied experience levels to the Hungary cofounder network. Skills and expertise among Hungary cofounders show 43% with technical backgrounds in engineering and technology fields, while 57% bring business expertise in marketing, operations, and product management. This blend of abilities enriches the Hungary startup ecosystem and creates potential matching opportunities. Popular industries for Hungary cofounders include Mental Health, Energy, Materials and Beverage. Many cofounders in Hungary also speak multiple languages, adding global perspectives to the local startup scene.
Commitment Type
More than (47%) of Foundersbase founders in Hungary, are exploring startup ideas, while (53%) are committed to an idea.
Age
The median age of Foundersbase founders in Hungary is 28.5, while the average is age 33 with a maximum in the group of founders aging 25-32.
Type of Founder
About (43%) of Foundersbase founders in Hungary are technical (Engineering, AI/ML), while (57%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Hungary are most passionate about.
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