Budapest's 13 Best Startup Accelerators & Incubators [2021]

Budapest's 13 Best Startup Accelerators & Incubators [2021]

Are you looking for an accelerator program in Budapest?

According to EU Startups, Budapest is a thriving startup city in Central Europe. Strategically located, Budapest provides a pool of highly skilled business leaders and developers. Besides, there are several startup hubs and a pool of amazing resources that support the city’s startup ecosystem.

A critical component when it comes to setting up your business in any city is the availability of startup incubation and accelerator programs.

If you're starting a startup in Budapest, you might be wondering what startup accelerators or incubators exist in the area. Here's the full list:

Best Startup Accelerators & Incubators In Budapest

# Accelerator/Incubator $ Loc. Apply
1 Oxo Labs EUR 200... Budapes... Apply
2 MKB Fintechlab EUR 100... Budapes... Apply
3 Studio 1 Startup Factory Between... Budapes... Apply
4 BNL Start Partners EUR 250... Budapes... Apply
5 Colabs Buda HUF 5 -... Budapes... Apply
6 Drukka Startup Studio Up to $... Budapes... Apply
7 Intellitext Up to $... Budapes... Apply
8 CEU iLab Not Dis... Budapes... Apply
9 Design Terminal Not Dis... Budapes... Apply
10 Start It (K&H Startup Incubator) Not Dis... Budapes... Apply
11 Startup Campus Incubator Not Dis... Budapes... Apply
12 SUP VC Not Dis... Budapest Apply
13 BNP Paribas Not Dis... Budapes... Apply

1. Oxo Labs

  • Location: Budapest, Hungary
  • Industry: Technology
  • Investment Size: EUR 200,000
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Oxo Labs runs accelerator and incubator programs targeting early-stage technology-focused startups. their accelerator/incubator program aims at facilitating and mentoring early-stage technology projects. Therefore, Oxo Labs supports and funds the technology projects aiming at boosting growth and market entrance.

Their support is dedicated to product development, validation, business strategies, and team building. Besides, they also back tech projects when it comes to the market entrance, strategy, and business planning, as well as local and international fundraising.

Through the accelerator/incubator program, Oxo Labs networks the startup founders and entrepreneurs with angels and mentors, while providing access to a wide range of mentors, serial entrepreneurs, and industry experts from key sectors and markets. Oxo Labs invests up to €200K in each startup.

Apply to Oxo Labs, or learn more ➜

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2. MKB Fintechlab

  • Location: Budapest, Hungary
  • Industry: Fintech
  • Investment Size: EUR 100,000
  • Program Length: 12 Weeks
  • Equity Taken: 6% Equity

MKB Fintechlab Accelerator program runs for 12 weeks and targets fintech startups. the 12 weeks program focuses on bringing Fintech startups to the next level, and also introducing them to commercial partnerships with MKB bank, the program's sponsor.

The accelerator program involves a series of workshops, mentorship sessions, and startups have access to co-working spaces and tons of opportunities when it comes to meeting investors.

Besides, the successful startups receive up to €100K in funding, regular workshops, and access to MKB coaching as well as the bank's wide network of customers and investors. This is in exchange for 6% equity.

Apply to MKB Fintechlab, or learn more ➜

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3. Studio 1 Startup Factory

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Between HUF 5 Million and 10 Million.
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Studio one accelerator program focuses on supporting startups to build international potential. Their program aims at building up traction and preparing the startups for seed funding.

Therefore, the program provides an opportunity for startups to exchange ideas and build synergies. This is through the co-working spaces where startup founders meet and exchange ideas.

Through the program, Studio one invests between HUF 5 Million and 10 Million.

Apply to Studio 1 Startup Factory, or learn more ➜

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4. BNL Start Partners

  • Location: Budapest, Hungary
  • Industry: Fintech
  • Investment Size: EUR 250,000
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

BNL Start Partners is an accelerator program targeting Fintech startups. The accelerator program was launched to support fresh ideas and innovative founders take their ideas to the next step.

The team at BNL provides proven know-how in the field of Fintech and has cooperated in several successful b2b solutions. Apart from the mentorship and networking opportunity, the participating startups receive €250,000 in pre-seed or seed funding.

Apply to BNL Start Partners, or learn more ➜

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5. Colabs Buda

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: HUF 5 - 150 million
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Colab angels invest in the most promising early-stage startups. Their accelerator program focuses on improving the early-stage funding scene and creating accessibility and flexibility when it comes to raising pre-seed / seed stage capital.

Ideally, the members of Colab angels are experienced and successful business leaders interested in investing their time and money into cutting-edge startups.

Apart from time and money, the Colab angels members provide mentorship and business coaching to the founders and entrepreneurs participating in this program. The overall focus is on helping early-stage startups and entrepreneurs when it comes to seeking business funding.

Apart from financing and mentorship, the participants have access to a co-working space, where they get an opportunity to meet and exchange business ideas.

Apply to Colabs Buda, or learn more ➜

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6. Drukka Startup Studio

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Up to $300K
  • Program Length: 12 months
  • Equity Taken: Not Disclosed

Drukka Startup Studio runs an accelerator program where they offer mentorship and marketing assistance to early-stage startups and businesses.

The accelerator program also aims at helping the startups realize and bring their idea to market with an investment offer of up to one hundred million Forints. The 12 months accelerator program helps to build successful and stable businesses within a short time.

Apply to Drukka Startup Studio , or learn more ➜

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7. Intellitext

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Up to $300K
  • Program Length: 4 Months
  • Equity Taken: Not Disclosed

Intellitext incubation program provides a maximum investment of $300K on top of professional mentorship and business coaching. The mentorship program aims at ensuring a great and super-fast growth opportunity for the participating startups.

The participating startups have access to a couple of coaching courses along with legal support. Moreover, the startups receive infrastructure in the form of office space, meeting rooms, community space as well as other important facilities for the day-to-day operations.

Apply to Intellitext, or learn more ➜

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8. CEU iLab

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: 12 months
  • Equity Taken: Not Disclosed

CEU iLab Incubation program aims at providing startup founders and entrepreneurs access to mentorship and funding opportunities. The program prepares the participating startups to become ready for investment at various stages of their entrepreneurial cycle.

The startup founders also receive the physical resources they need to function and attain their entrepreneurial dreams.

Ideally, the accelerator program connects startups to diverse and motivated talent around the areas of finance, business analytics, technology management, and economics.

CEU innovation lab connects startups with opportunities for venture capital, angel investment, and other forms of growth equity, along with non-traditional funding sources.

Apply to CEU iLab , or learn more ➜

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9. Design Terminal

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: 3 Months
  • Equity Taken: Not Disclosed

Design Terminal is a leading accelerator program that aims at giving the corporate leaders and startup founders the knowledge and access they need to catalyze intervention across their organizations. Their incubator program is equity-free and maintains a strong focus on inclusivity and social cohesion.

The participating startups have access to customized mentorship from the business leaders. Moreover, the startups enjoy network support and business matching, as well as a monthly scholarship to cater for their upkeep during the program.

Apply to Design Terminal, or learn more ➜

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10. Start It (K&H Startup Incubator)

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Start it @ K&H startup incubator is a program for startups and innovative entrepreneurs. The program provides access to office infrastructure, ongoing business coaching, and mentorship, as well as free of charge training, to the participating startups.

the startups joining this program go through intensive counseling and mentorship session. In addition, they have access to co-working space, wired internet connection, along other critical office infrastructure.

Apply to Start It (K&H Startup Incubator), or learn more ➜

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11. Startup Campus Incubator

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Startup Campus Incubator is an incubation program focusing on ensuring comprehensive personal mentoring in order to accelerate startups growth. Their accelerator program provides startups co-working space complete with office space, and equipment they need to ensure the success of their business. The mentorship program is run by experienced professionals who help the startups achieve their long-term goals.

Ideally, the core focus of this startup incubator program is to support the innovative programs and to encourage early-stage startups to enter the market.

Through their extensive network and internationally experienced professionals, Startup campus incubation provides international validation, commercialization and helps startups secure the next round of funding.

Apply to Startup Campus Incubator, or learn more ➜

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12. SUP VC

  • Location: Budapest
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: 3 months
  • Equity Taken: Not Disclosed

SUP VC accelerator programs are aimed at helping startups grow and expand to the international markets. Their intensive 3 months accelerator program focuses on enabling the startups to expand their products, learn different practices applied in the international marketplace, while each participant gets an opportunity to demonstrate the business idea.

Ideally, SUP VC aims at providing the startup's access to capital, a network of mentors as well as developing their products. Through the series of mentorship sessions, SUP VC delivers critical knowledge and international practices, helping the startups through their entrepreneurial journey.

Overall, the 12 weeks program includes access to office space, an opportunity to connect with local and international investors, and access to a wide range of perks and discounted tools to accelerate the startup's growth.

Apply to SUP VC, or learn more ➜

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13. BNP Paribas

  • Location: Budapest, Hungary
  • Industry: Sector Agnostic
  • Investment Size: Not Disclosed
  • Program Length: 6 months
  • Equity Taken: Not Disclosed

BNP Paribas accelerator/incubator program targets the most promising startups in the areas of Fintech, Insurtech, Regtech, Cybersecurity, AI&Automation, personal finance, among other sectors.

The 12 weeks program is ideal for startups looking to pilot a product, scale their business, hire new talent, or secure the next round of funding. Ideally, BNP Paribas will organize private one-on-one mentorship sessions with top executives, for an opportunity to negotiate and pilot ideas/products.

The TechUP acceleration program runs for 6 months with each participating startup granted access to the BNP Paribas ecosystem.

Apply to BNP Paribas, or learn more ➜

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