In October 2003 the Hungarian Government established the HungarianTechnologyCenter (previous name: HTEC, at present: InnoHungaryTechnologyCenter) in the Washington D.C. Metropolitan Area, as a consulting practice and incubator facility for Hungarian technology companies.
The InnoHungary TechnologyCenter is headquartered in ViennaVA; its main mission was to help Hungarian ICT companies access to US markets, and to attract their American counterparts to Hungary. The mandate of InnoHungary has been extended to cover nano- and biotechnology related businesses, and to promote investment/outsourcing activities to Hungary. InnoHungary acts as the central point of contact for American and Hungarian companies that seek to enhance their business prospects in the counterpart country.
InterAccessUSA has operated the TechnologyCenter since 2005.
The Technology Center continued the mission:
- to help Hungarian small and mid-sized enterprises strengthen their position in the global market by fostering entrepreneurial spirit, promoting regional development and expanding international relationships; and
- to actively facilitate the investment process and encourage the import and export of capital.
InterAccessUSA manages the day-to-day activities of InnoHungaryTechnologyCenter with high qualified management and administrative staff, including consultants; and continues providing incubator facilities for selected companies.