Enhancing regional and local hubs for attraction and retention of talents and investments

Acronym: MAGNET
Framework: Interreg Europe
Duration of the project: 01.05.2025. - 31.07.2029.

Aim of the project:

The MAGNET project focuses on how local and regional hubs can play an active role in economic development by supporting the retention of talents and investments in a coordinated way. The project aims to strengthen the operation and development of these hubs through strategic knowledge exchange, with special attention to the needs of local businesses and labour market challenges.
 
Project partners:

• Municipality of Reggio Emilia (Italy)
• ART-ER Joint Stock Consortium Company (Italy)
• Centre for development of the East Planning Region (North Macedonia)
• Public institution Panevėžys Development Agency (Lithuania)
• Centru Regional Development Agency (Romania)
• Pannon Business Network Association (Hungary)
• City of Utrecht (Netherlands)

Activity of PBN:

In the MAGNET project, PBN supports the development of local investment and talent attraction hubs by collecting, analyzing, and contributing to the adaptation of proven European best practices in other regions. Additionally, PBN actively participates in promoting interregional knowledge sharing and capacity building among project partners.
 
Budget in Euro:
Project overall budget: 1,548,493 EUR
ERDF funding:  1,238,794.40 EUR
 
Project homepage: https://www.interregeurope.eu/magnet
Program homepage: https://www.interregeurope.eu/
Project manager:  Eliza Tóth (eliza.toth@pbn.hu)
 

'The project is realized in the Interreg Europe program with the cofinancing of the European Union and Hungary'