The aim of Hungary's largest and most successful state-owned institution of applied research, Bay Zoltán Nonprofit Ltd. (Bay Zoltán Alkalmazott Kutatási Közhasznú Nonprofit Kft.), which is named after the famous physicist, is to improve the competitiveness and efficiency of enterprises in Hungary through successful innovation and technology transfer, in close cooperation with domestic and leading foreign partner institutions.
The institutes belonging to the Bay Zoltán Nonprofit Ltd conduct R&D activities in the field of
- material and laser technology
- nanotechnology,
- biotechnology,
- plant genomics,
- environmental industry,
- logistics and industrial production technologies,
- information and communication technology.
In addition to research activities, Bay Zoltán Nonprofit Ltd. has supported the institute's participation in EU and other international R&D&I programmes, coordinated the EURAXESS researcher mobility programme at national level as well as conducted the operation and professional management of the Brussels KFI HunOR Office with a countrywide mandate since 2012, under the supervision of the Ministry of Public Administration and Justice.
The activities of Bay Zoltán Nonprofit Ltd. include the state-run incubation of small and medium enterprises as well. It leases offices and warehouses with low utility costs to start-up enterprises dealing with research and development.