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Entrepreneur Office Hours
Free, Open Office Hours for UM Students, Faculty, Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
Mtech hosts free office hours each month to help aspiring and current entrepreneurs with tech-based startups or ideas get advice on how to:
University of Maryland Business Model Challenge
Annual Competition for Faculty, Students and Recent Alumni to Vet New Tech Venture Ideas
The University of Maryland Business Model Challenge promotes the commercialization of innovative ideas and University-created technologies by offering faculty, students, and alumni cash prizes for the best new venture plans. The competition emphasizes learning by offering personal coaching for finalists, as well as the experience of presenting ideas to an experienced panel of investors and judges. Since 2001, the competition has served as a launch point for the commercial success of many previous winners, including Squarespace Inc., RioRey Inc., AnthroTronix Inc., Alertus Technologies, and Chesapeake PERL.
TERP Startup Lab
The TERP Startup Lab is a collaborative working space for University of Maryland faculty, students, and regional entrepreneurs.
Intense, Hands-On Venture Creation Assistance for Faculty and Students
VentureAccelerator helps University of Maryland inventors get their research out of the laboratory and into the commercial sector by helping them create successful companies. VentureAccelerator's experienced team of business professionals works with university entrepreneurs so they continue to fulfill their academic responsibilities while furthering the development of their companies. VA staff speed the process of venture creation by systematically guiding and coaching inventors through business processes such as:
Technology Advancement Program
Leading Technology Venture Incubator in Maryland
For more than 20 years, TAP has helped build some of the most successful tech companies in Maryland, including Martek Biosciences, Digene Corporation, Powerize.com, DataStream Content Solutions and NovaScreen. TAP’s staff, comprised of seasoned veterans of startups and venture capital firms, provide: business advice and support, market intelligence, introductions and access to funding. TAP offers furnished offices, flexible lab space, faculty expertise, a talented student pool, and resources afforded by a top research university.
Mtech offers a variety of funding programs, from MIPS R&D funding for product development, and the Chesapeake Bay Seed Capital Fund, which supports Maryland-based startup companies with innovative technologies that may help improve air and water quality in the Chesapeake Bay area.
Chesapeake Bay Seed Capital Fund
Supported by the Maryland Department of Natural Resources and administered by Mtech, the Chesapeake Bay Seed Capital Fund will invest $250,000 annually over a three-year period into Maryland-based startup companies with innovative technologies that may help improve air and water quality in the Chesapeake Bay area. Fund recipients are jointly selected by Mtech and the Maryland Department of Natural Resources.
Create New Ventures and Startup Companies
The Mtech Ventures team partners with entrepreneurs to build leading technology companies. With company founders facing challenges such as business planning, staffing, launching, and financing, we provide expert mentoring backed by years of entrepreneurial and venture capital experience, as well as extensive services and resources to help turn great ideas into scalable enterprises.
Digene developed the first gene-based test for human papillomavirus (HPV).
AnthroTronix developed CosmoBot, a robotic toy for children with disabilities combining physical and language therapy, and play.
VisiSonics Corporation brings to market state of the art products and solutions in 3D sound capture, analysis and reproduction.
TRX Systems, Inc. is a leading innovator in the development of advanced personnel tracking solutions.