Technology Development

Maryland Industrial Training Partnerships (MIPS)

MIPS accelerates the commercialization of technology in Maryland by providing matching funds for collaborative R&D projects between companies and the University System of Maryland faculty. MIPS will match 25 percent to 90 percent (up to $200,000) of university project costs. Companies of any size are encouraged to apply.

Through MIPS, companies can:

• Leverage R&D dollars through cost-effective research;
• Gain access to world-class researchers and facilities;
• Select research capabilities to meet specific requirements; and
• Engage with top-notch student researchers who can become valuable, experienced future employees.

Administered by the Maryland Technology Enterprise Institute (MTECH)

For more information visit http://www.mips.umd.edu

Maryland Technology Extension Service (MTES)

The Maryland Technology Extension Service, operating from three regional offices throughout the state, offers on-site technical assistance to Maryland companies in the areas of lean manufacturing, business and management, environmental engineering, development of new technologies, manufacturing process improvement, information technology and ergonomics.

As part of the A. James Clark School of Engineering and an affiliate of the National Institute of Standards and Technology Manufacturing Extension Partnership network, MTES supports manufacturers in becoming more globally competitive.

For more information visit http://www.mtech.umd.edu/MTES

Maryland Technology Development Corporation (TEDCO)

The Maryland Technology Development Corporation (TEDCO), an independent entity, was established by the Maryland General Assembly in 1998 to facilitate the creation of businesses and foster their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for seed capital and entrepreneurial business assistance for technology transfer and development programs. TEDCO connects emerging technology companies with federal laboratories, research universities, business incubators and specialized technical assistance. For the third consecutive year, TEDCO was recognized as the most active early/seed stage investor in the nation in the July 2006 issue of Entrepreneur magazine.The Maryland Technology Development Corporation (TEDCO), an independent entity, was established by the Maryland General Assembly in 1998 to facilitate the creation of businesses and foster their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for seed capital and entrepreneurial business assistance for technology transfer and development programs. TEDCO connects emerging technology companies with federal laboratories, research universities, business incubators and specialized technical assistance. For the third consecutive year, TEDCO was recognized as the most active early/seed stage investor in the nation in the July 2006 issue of Entrepreneur magazine.

Some of TEDCO's recent programmatic initiatives include:

Technology Transfer

Maryland Technology Transfer Fund
Aberdeen Technology Transfer Initiative
Fort Detrick Technology Transfer Initiative
NASA Mid-Atlantic Technology Transfer Center
NAVAIR Technology Commercialization Initiative

Rural & Entrepreneurial Business Assistance

Maryland Technology Partnership for Innovation
Mountain Maryland SBIR
Rural Business Incubation RBI Initiative.

Business Incubation

Feasibility Study Grant Program
Incubator Development Fund Program.

For more information visit http://www.marylandtedco.org