Entrepreneurial and Start-up Resources

Start-up Company Resources

If you're affiliated with the University of Maryland and are interested in starting a company with your technology, after completing and submitting an intellectual property disclosure form (doc) to OTC, your technology manager will design an individual plan for you and will guide you through a multitude of startup resources on UMD campus and beyond.

Entrepreneurs in Residence

Thinking about a startup? Not sure how to proceed? Please request to talk to someone who has been there and done that: schedule a meeting with one of our Entrepreneurs in Residence (EIR) through your OTC contact.  

About EIR Doug Humphrey: http://otc.umd.edu/staff/humphrey

About EIR Harry Geller: http://otc.umd.edu/staff/geller

UM Ventures Seed Grants

The Office of Technology Commercialization/UM Ventures announces the availability of funds for translational faculty projects under the UM Ventures Seed Grant Program. This resource will help bridge the gap that traditional funding sources may not provide in order to overcome barriers in the technology commercialization pathway. The UM Ventures Seed Grant Program is an initiative to advance university innovations into commercially viable technologies. A budget of up to $15,000 may be requested for the purpose of conducting translational research and development. The funds must be used for tasks that enhance the commercial potential of a technology (e.g. prototype development, additional proof-of concept studies.) Projects will be funded at a level deemed necessary to achieve the goals outlined in the proposal.
Eligibility:
All UMCP inventors are welcome to participate. All inventions must have been disclosed and assigned to UMCP OTC prior to Friday April 28th, 2017.

Maryland Innovation Initiative Grant (awarded through TEDCO)

The Maryland Innovation Initiative (MII) was created as a partnership between the State of Maryland and five Maryland academic research institutions (Johns Hopkins University, Morgan State University, University of Maryland College Park, University of Maryland Baltimore and University of Maryland Baltimore County.) The program is designed to promote commercialization of research conducted in the partnership universities and leverage each institution’s strengths. The MII offers $100,000 in fudinging through its Technology Assessment Phase to faculty at qualifying universities, and additional $100,000 in funding to startups formed around technology licensed from a qualifying university. University of Maryland inventors should contact otc@umd.edu to ask questions about the program and to begin working with your assinged Site Miner on the application process. 

Seminars

OTC periodically sponsors seminars to provide the University's faculty, staff and students an opportunity to listen to creative thoughts from successful inventors, entrepreneurs, and investors on the technology-innovation process. These seminars focus on business, technical, and legal aspects of creating and commercializing intellectual property.

Industry, Government and Venture Capitalists Presentations

To highlight the wide range of technologies developed at the University, OTC hosts technology showcases, venture fairs and symposia for industry and government representatives, venture capitalists and angel investors. These activities, along with OTC's decades of experience in technology transfer, have resulted in close university-industry partnerships with many companies in Maryland, throughout the United States, and around the world.

On-Campus Presentations

At the request of University departments, administrative units and faculty members, members from OTC's staff will give an overview presentation about all aspects of the technology transfer process, including topics such as intellectual property, startups, technology innovation, and other topics. To schedule a presentation for your department, please contact otc@umd.edu

Campus-wide Partnerships

OTC has also developed close ties with University offices such as the Maryland Technology Enterprise Institute, the Technology Advancement Program, the Small Business Technology Development Center and the Dingman Center for Entrepreneurship to demonstrate to the local community, industry and government the broad range of technology transfer services, R&D funding and partnering opportunities and entrepreneurial capabilities the University of Maryland has available.

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Office of Technology Commercialization
2130 Mitchell Building
7999 Regents Dr.
University of Maryland
College Park, MD 20742

Phone: 301-405-3947  |  Fax: 301-314-9502
Email: umdtechtransfer@umd.edu

© Copyright 2013 University of Maryland

Did You Know

UMD's Neutral Buoyancy Research Facility, which simulates weightlessness, is one of only two such facilities in the U.S.