The Public Foundation for the Development of Industry has been active in the economic-, research-development and innovational life of Hungary for twenty years now.

The Foundation plays a bridging role between research-development and industry

• through analysis of economic needs and our knowledge of tendering opportunities and national strategies, acting as an effective communication channel between public administration and enterprises
• its network of experts in itself constitutes a bridge playing an active role in corporate research-development; the knowledge thereby acquired may prove valuable in the course of the realisation of comprehensive development plans
• by cultivate relations with universities and colleges, as well as with academic circles, with these institutions facilitating in the collaboration between basic- and applied research, and corporate needs.

The Public Foundation for the Development of Industry considers the promotion of innovation activities within small- and medium-sized Hungarian enterprises to be of particular importance. Within our programmes we regularly seek to draw attention to and support the importance and economic significance of process- and organisational innovation. Furthermore, capital- and resource-intensive product- and technological innovation presents a serious opportunity for companies to which we seek to draw attention in a number of forums. With this aim in mind and within the framework of the Innovation Award, in 2009 we established the Organisational Innovation Award - to be presented in the Parliament building in the presence of the Hungarian President – to acknowledge outstanding endeavour and achievement in the field of organisational- and process innovation.