The predecessor programme, National Excellence Programme, was funded from European Social Fund (ESF) resources. The New National Excellence Programme started in 2016 and was financed from the central budget of Hungary. The programme’s budget was HUF 2.2 billion (around 6 million euro) in 2016, HUF 4 billion (around 11 million euro) in 2017, HUF 4 billion in 2018, HUF 4 billion in 2019 and HUF 4 billion in 2020. The responsible organisations are the Ministry for Innovation and Technology and the coordinating entity managing the program: the National Research, Development and Innovation Office.