Web Site Name

Why us?  Why the Hungarian Innovation Center, Inc.?

Many of the inventors are unable to create investor ready prototypes nor bring products to market for lack of funding, lack of marketing, operations and management skills. Many of the inventors are taken advantage of by unscrupulous persons and organizations who either don’t perform or extract usurious compensation and ownership (eg. 50% ownership and exclusive rights to sell in exchange for funding  prototypes or appearances at competitions).

We have extensive business and technology experience. We have proven through our extensive pro-bono work in Hungary (see below) that we can be trusted by the inventors and have a moral business outlook. It is possible to be honest, to treat inventors fairly and still make profits.

Background of the Firm

Jules (Gyula) Balogh is President of the Center

(see his CV below)

A full list of our Advisory Board Members, and our business and technology mentors will be made available to selected inventors and investment partners.

Mr. Balogh created the Amerikaiak a Magyarokért Alapítvány (Americans for Hungarians Foundation-  a Hungarian non-profit organization) in 2010 in order to improve the relations between the US and Hungary, to help the individual and farmer victims of the flood, develop cultural and educational exchange programs, help Hungarian business persons network with and understand  how American businesses think and invest, and to assist Hungarian inventors in patenting and bringing products to market in the US.

Over the past 9 years this foundation has undertaken dozens of successful projects in Hungary with limited capital and a volunteer management. Our extensive accomplishments and proof that we have Hungary’s interests at heart can be seen at www.amkl.org.

Mr. Balogh was awarded the Hungarian Order of Merit Officer's Cross by János Áder President of the Republic of Hungary on April 23, 2018, for strengthening Hungarian-American relations and his work in promoting the good image of Hungary in the United States.



Don Sexton

Professor of Marketing, Columbia University

Founder and President, The Arrow Group, Ltd.®


Professor Sexton has successfully worked with thousands of marketing managers throughout the world to help them develop and implement marketing and branding strategies that are singularly effective in achieving marketing and financial objectives.   His goal is to provide managers with cutting-edge ideas that they can put to immediate use.  His teaching is characterized by his breadth and depth of knowledge, experience in many industries with many organizations, humor, and the ability to make complicated ideas easy to understand and easy to employ.


A recipient of Columbia Business School’s Distinguished Teaching Award, Don has been a regular faculty member at Columbia for more than 40 years, teaching in the areas of marketing, branding, international business, and quantitative methods. He was one of the original designers of the Columbia Marketing Management Executive Program, for many years rated number one in the world by the Financial Times, and held the role of faculty director for several other Columbia executive programs in management and in marketing.  He has presented numerous executive education sessions for the Association of National Advertisers, has been a frequent speaker at Conference Board events, and served as the Faculty Director of ARF University.  Don is currently president of the New York Chapter of the American Marketing Association and is the coordinator of the Panel of Judges for the Marketing Hall of Fame.


For several years Don served as a visiting professor at INSEAD and at the China Europe International Business School in Shanghai.  He has also taught at the University of California-Berkeley, the Indian School of Business, Hong Kong University of Science and Technology, Skolkovo (Moscow School of Management), Beijing Management Institute, Australian Graduate School of Management, University of Hawaii, University of Tehran, Jagiellonian University (Krakow), and the U.S. Business School in Prague.


Don’s research and writings focus on the design and implementation of marketing and branding strategies, both domestic and global, and the evaluation of marketing ROI.  He received the 2011 Marketing Trends Conference award for his work on marketing and branding strategy.  He is the US Editor of the Journal of Marketing Trends and serves on the editorial boards of the Journal of Advertising Research, the Business and Economics Journal, and Innovar.  His more than 100 publications include articles in the Harvard Business Review, Journal of Marketing, Journal of Marketing Research, Journal of Business, and Management Science and six books.  His book on marketing strategy, Marketing 101, is sold throughout the world and has been translated into several languages including Chinese, Turkish, Polish, Farsi, Romanian, and Indonesian.  Branding 101  is translated into Russian and Vietnamese.  Value Above Cost:  Driving Superior Financial Performance with CVA®, the Most Important Metric You’ve Never Used explains how marketing and branding determine financial performance and is available both in English and in Chinese. Marketing and Management Science (with W. Clark) was one of the pioneering books linking quantitative methods and marketing.  His opinions are frequently quoted in media such as the New York Times, Business Week, Ad Age, WCBS, the Xinhua News Agency, and Beijing’s China Economic Daily.


Don is the founder and president of The Arrow Group, Ltd.® (thearrowgroup.com), an organization that develops and conducts executive seminars and provides consulting services in marketing and branding strategy and in marketing and branding ROI.  His clients have included GE, Unilever, Verizon, Citicorp, Sony, IBM, AT&T, Pfizer, Pepsi, Boeing, Kellogg’s, DuPont, Kodak, Motorola, Novartis, Grainger, MetLife, Omnicom, Brown-Forman, McGraw-Hill, VNU, medcohealth, Eastman Chemical, Intuit, Bacardi, UNICEF, Merck, AIG, Domino's, Abbott, Corning, Dial, Alitalia, Wendy’s, Metropolitan Opera, Avon, Chase, Shell, Zeiss, Dow Corning, Mattel, Hershey, Allergan, Hormel, Miller Brewing, Symantec, Florida Power & Light, Hallmark Channel, Sanofi-Aventis, Volkswagen, Petronas, ARAMARK, and Becton Dickinson.


He received his M.B.A. and Ph.D. from the University of Chicago and his B.A. from Wesleyan University, all in the disciplines of mathematics and economics. 

Steven E. Csorna. Associate Professor, Department of Physics and Astronomy, Vanderbilt University. Ph.D. Columbia, MA Columbia, B.S. New York University. Highly rated teacher by students. Interests are high energy particle physics, engineering  and space  exploration. Sample work: part of the team that was awarded $4.4 million by NASA to build a 2.5-meter ultraviolet telescope called the Extreme Universe Space Observatory (EUSO) for deployment on the International Space Station (ISS) in 2017; collaborated with Szabolcs Marka to develop a Wire Stringing Robot for the DRIII Drift Chamber at CLEO; awarded a grant of $146,771 by the National Science Foundation for "Collaboration at the Cornell Electron Storage Ring." Highly rated by students.

Updated CV to follow.


Zoltán Mari, MD. Past Director, Johns Hopkins Parkinsons and Movement Disorder Center and Associate Professor of Neurology. Active physician and  Board certified in Clinical Neurophysiology and Neurology.  He has numerous innovations and patents, has 63 peer review publications, 47 published abstracts, chapters in 6 textbooks. His expertise includes: Botulinum Toxin Injections, Clinical Neurophysiology, Deep Brain Stimulation, Dystonia, Intraoperative Neuromonitoring, Movement Disorders, Neurology, Parkinson's Disease. His research Interests include: deep brain stimulation; electrophysiology; chemodenervation; neuroprotection; dystonia. Dr. Mari received his medical degree from the Albert Szent-Györgyi Medical University (now University of Szeged) in Hungary. Updated CV to follow.

András Pellionisz. As a domain expert in Genome Informatics, Andras Pellionisz is a cross-disciplinary scientist and technologist. With Ph.D.’s in Computer Engineering, Biology and Physics, he has over 40 years of experience in Informatics of Neural and Genomic Systems spanning Academia, Government and Silicon Valley Industry. Dr. Pellionisz played a leading role in the paradigm shift from Artificial Intelligence to Neural Nets, including the establishment of the International Neural Network Society. Today, his work is foundational to HoloGenomics, the integration of 100+ years of Genetics with 60+ years of Epigenetics. Over the decades, Dr. Pellionisz successfully pioneered the geometrization of biology, first in neuroscience resulting in early industrial neural net applications and later in genomics, manifesting today in industrial applications for personal genomes. His efforts in the year of 2012, ending "the decade of genome uncertainty" he accomplished a geometric unification of neuroscience and genomics, and by FractoGene, the patent application of his IP-group issued on October 3rd, 2012, implements the industrialization of genomics to clinical use. He established the International HoloGenomics Society (IHGS). Founder of HolGenTech, Inc., and Owner of HelixoMetry IP Holding.

Pellionisz’ US career started with a Stanford Post Doctoral Fellowship followed by a position taken in  as a Research Professor of Biophysics at New York University Medical Center. Anticipating the Internet boom, he moved back to Silicon Valley to work for the US government at NASA Ames Research Center as a Senior Research Associate of the National Academy. Dr. Pellionisz was the first to provide a blueprint instruction for automated landing an F15 fighter on one wing with the Transputer parallel computer neural network. He participated in the government handover of Internet development to private industry. He served as Chief Software Architect to several "dot com boom" Silicon Valley companies.


Ernő Sajó. Director of the Medical Physics Programme at the University of Massachusetts Lowell, USA and professor of physics and applied physics. He is an external member of the Hungarian Academy of Sciences. Dr. Sajó graduated at the Faculty of Mechanical Engineering of the Technical University of Budapest, in 1983. He received his PhD in nuclear engineering and physics at Lowell, in 1990. He was a Professor of the Louisiana State University between 1990 and 2010 where first he worked at the NuclearScience Center then at the Department of Physics. Since 2010 Dr. Sajó has been the Director of the Institute of Medical Physics. His fields of research are medical physics, radiology, diagnostic imaging and the radiological treatment in cancer therapy. He is also involved in colloid physics, especially aerosol transport and the physiological translocation of nanoparticles. Dr. Sajó has over a hundred scientific publications in various physics, biology, chemistry and mathematics journals. He is the coeditor of Health Physics Journal and has been ad-hoc editor of Medical Physics several times. Dr. Sajó is an invited member of the U.S. Congress Energetics Panel. Updated CV to follow.


Professor Dr. Vizi E. Szilveszter


Chair of the Friends of Hungary Foundation’s Board of Trustees. Pharmacologist, physician, university

professor, Professor Emeritus, full member of the Hungarian Academy of Sciences, awardee of the

Széchenyi-nagydíj Grand Prize.

A globally recognized name in pharmacotherapy and neuroscience. He held lectures in various schools around the world, including the Semmelweis University of Budapest, Hungary and the Albert Einstein University of New York, USA. Mr. Vizi holds many honorary degrees of international universities, and is a member of several academies and scientific associations around the globe. Professor Vizi was the Vice-President, between 1996 and 2002, then President, between 2002 and 2008, of the Hungarian Academy of Sciences. He was the author or co-author of over 450 scientific publications, and several books. Professor Vizi is renowned for his significant public educational work.

MD. medicine University of Pecs and Budapest, Ph.D. medicine University of Budapest, D.Sci. pharmacology, Semmelweis University, Budapest

(Jules) Gyula Balogh's Business Background
President, Hungarian Innovation Center, Inc
President Amerikaiak A Magyarokért Alapítvány in Hungary
Co-President, American Hungarian Federation (incorporated 1907)

Previousl Experience:
President, Hungarian Reformed Federation of America - a fraternal insurance business
Vice President Strategy, Varatech, a manufacturing software business,
    President of its Sigmund subsidiary.
Vice President of Strategy at $200 million Health Risk Management,
    President of its Application Service Provider subsidiary
President, Interex Corporation, a Senior Management Consulting,
   Executive Training, and software  firm,
Executive Vice President, Emesa, a venture capital firm
Corporate Vice President, Citicorp, New Business Idea Creation, the largest US bank at the time
Vice President, Strategy, Quotron Systems
Head of Econometric  Systems, Mathematica
    a firm started by Princeton University professors
Project Manager Haskins Labs, affiliated with Yale University-
   created reading machines for the blind
Project Manager, Boeing Aerospace, developed manufacturing software
   and software for missile recognition
Project Manager, IBM systems development, created part of their first time sharing system.

 Mr Balogh's thinking is entrepreneurial and is based on over 40 years of experience at over 20 multinational, SME and startup firms in a senior management and/or consulting role. Some of the projects were large, for example developing the business strategy, partners (ATT, Harvard Medical School, MIT, Johnson and Johnson, etc), and acquisitions at the corporate management level of  Citicorp (the largest US bank at the time) to capture a major  share of the then 1.4 trillion dollar US health payments, medical record keeping, and information markets. Other projects at Citicorp including financial instrument trading systems, market analytics, and the creation of the 55 million member credit card industry.

 He taught the top 200 consumer business executives at the senior executive training programs at Citicorp, and was the only executive to teach at both the marketing and the risk management programs. Graduates included the past CEO of Mastercard, the past CEO of Wells Fargo, and many executives from Europe, Asia, and Latin America (Citicorp was active in 35 countries).

 Other experience includes IBM (created part of their first time sharing system), Boeing Aerospace (created a system for computerized manufacturing, and software for missile recognition systems), Haskins Laboratories (created computer reading machines for the blind (affiliated with Yale University), EMESA (venture capital fund for an Internet based financial auction business), Mathematica (head of econometric systems), PNC Bank (electronic banking-private bank), American Express (risk management), Mastercard (Purchasing card), Chase (Acquisitions), Equitable Life Insurance, a software startup business called BigWord, and working with the CEO of Health Risk Management Inc., developed the strategy for turning around his $200 million revenue firm which had a state-of-the-art evidence based medicine system and health claims processing business.

 His educational background includes an MBA in Finance from Columbia University, an M.Sc. from the New York University School of Engineering, and a B.Sc. in Physics from the University of Notre Dame.

 Since 2006 he is the Co-President of the American Hungarian Federation, the largest and oldest Hungarian American umbrella organization. www.americanhungarianfederation.org.