Maryland Industrial Partnerships

MIPS

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About MIPS

The Maryland Industrial Partnerships (MIPS) program accelerates the commercialization of technology in Maryland by jointly funding collaborative R&D projects between companies and University System of Maryland faculty.

MIPS provides funding, matched by participating companies, for university-based research projects that help companies develop new products. MIPS projects help companies find solutions to technical challenges, as well as develop products, processes or training materials. MIPS projects are conducted by university faculty and graduate students in conjunction with company researchers.

With more than 400 Maryland companies participating in project awards since 1987, worth over $180 million—MIPS projects create results. MIPS-supported products have generated more than $25.2 billion in sales, added jobs to the region, and infused state-of-the-art technology into the global marketplace.

MIPS Pays for its Lifetime of Funding in One Year
The economic impacts associated with MIPS-supported technology generated an estimated $87.3 million in state tax revenues in the year 2011 alone. These estimated one-year 2011 state tax revenues significantly exceed the $37 million lifetime costs of the MIPS program. An estimated $70.6 million in local government revenues was also generated by MIPS supported technologies in 2011.

Benefits to Maryland Companies:

• Cost-effective research through university partnering.
• Access to expert university faculty and state-of-the-art facilities—including laboratories, graduate students, and equipment.
• Ability to select research capabilities to meet specific requirements.
• Efficient transfer of technology from universities to companies.
• Opportunity to work with students, who are potential future employees.

Benefits to Maryland Faculty:

• Opportunity to perform research leading directly to the commercialization of technology.
• Funding that can lead to publication and improve university research facilities.
• Valuable experience for students working on commercial technologies.
• Rapid proposal evaluations—MIPS notifies award winners within 60 days of the proposal deadline.

More about MIPS

 

Apply Now for MIPS Research Funding

The next MIPS proposal deadline is May 1, 2013.

• Learn how to apply
• Full schedule

Read more about the latest round of MIPS funding recipients.