Mtech News, Opportunities and Events
October 31, 2011
Standing Room Only for Boot Camp
The University of Maryland Technology Startup Boot Camp, held on October 14, 2011, featured a packed house and a record number of around 500 attendees. Speakers delivered amazing talks about customer development, kickstarting your product, mistakes to avoid, NSF funding and mentoring programs, entrepreneurship and innovation at the University of Maryland, and social entrepreneurship. A lively $500 elevator pitch contest ended the day. The Boot Camp is presented by Mtech, in conjunction with incredible partners such as Fish & Richardson, Nixon Peabody, Center for Social Value Creation, Dingman Center, FounderCorps, NCIIA, Office of Technology Commercialization, Social Matchbox, and Tech Cocktail.
From the Mtech Blog: MIPS Projects Take On Cancer
By Martha Connolly
Mtech’s Maryland Industrial Partnerships (MIPS) program is working to fuel the innovation economy in Maryland. We’re enhancing health care while we’re at it by funding promising new products in the area of cancer diagnosis and treatment. If these projects are successful, you’ll see new technologies and new jobs in Maryland and a healthier population, here and in the world.
A&G Pharmaceuticals (Columbia, Md.) is working with Dr. Katherine Tkaczuk from the Department of Medicine and Oncology in the Greenebaum Cancer Center at the University of Maryland, Baltimore to study a novel breast cancer marker (GP88) that could be used for the early detection of breast cancer using a simple blood test.
- Prospective Students for Fall 2012 Interested in the Entrepreneurship and Innovation Program: Application Deadline is November 1
- Free Legal Services on Intellectual Property and Related Matters for Entrepreneurs and Emerging Tech Companies
- Chesapeake Bay Seed Capital Fund: Financing Available for Qualifying Green Companies
Upcoming Mtech Events
- November 8: Free, Open Entrepreneur Office Hours for University of Maryland Students, Faculty and Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
- November 16: UMD Entrepreneurship Connector
Partner and Other Opportunities and Events
- November 3: A. James Clark School of Engineering Innovation Hall of Fame Induction Ceremony
- November 3: Promoting the Health of Electronics, the Charles and Helene White Symposium
- November 4-11: Digital Capital Week
- November 9-10: Southeast Asia NOW! Business Conference
- November 10: Bioscience Research & Technology Review Day
- November 10: Lunch with Matt Falls, representative from the US Department of Commerce
- November 14: 2011 Entrepreneur Expo
- November 17: Pitch Dingman Competition
- November 18: TEDCO Funding Briefing
Prospective Students for Fall 2012 Interested in the Entrepreneurship and Innovation Program: Application Deadline is November 1
The Entrepreneurship and Innovation Program (EIP) provides University of Maryland Honors College freshmen and sophomores with an interdisciplinary, living and learning education to help build the entrepreneurial mindsets, skill sets, and relationships invaluable to developing innovative, impactful solutions to today's problems.
A Great Place to Launch
A joint program of the Honors College and the Maryland Technology Enterprise Institute (Mtech), EIP has a proven pedigree of successful creativity and innovation-related education and achievement. Mtech has been a leading force in entrepreneurial education and innovation for over 25 years. EIP is based directly on Mtech's groundbreaking Hinman CEOs program, the first undergraduate living-learning entrepreneurship program in the United States. EIP students have access to Mtech's venture development resources and activities as well as those specifically designated for EIP and the Honors College.
While we have a strong technology heritage, EIP is an excellent program for any student interested in entrepreneurship and innovation. Nearly half of EIP students are pursuing non-technical majors, including business, psychology, music and government/politics. And of course EIP is at the University of Maryland, which was ranked fifth by Kiplinger among public four-year institutions for providing outstanding education at an affordable price.
Visit the EIP home page for more information and to apply!
Free Legal Services on Intellectual Property and Related Matters for Entrepreneurs and Emerging Tech Companies
The Maryland Intellectual Property Legal Resource Center (MIPLRC), which offers free legal services on intellectual property and related matters to entrepreneurs and emerging technology companies and explores relevant legal, ethical and policy issues in the high technology and intellectual property areas, is now at the university and Mtech. MIPLRC's legal services are available at no charge to university faculty and students, as well as to regional entrepreneurs and startup companies. The MIPLRC is part of the University of Maryland School of Law. For more information, visit www.mtech.umd.edu/miplrc/.
Chesapeake Bay Seed Capital Fund: Financing Available for Qualifying Green Companies
If your company or technology could improve air or water quality around the Chesapeake Bay area, consider applying for investment from the Chesapeake Bay Seed Capital Fund. Supported by the Maryland Department of Natural Resources and administered by Mtech, the 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. More»
Upcoming Mtech Events
November 8, 10 a.m.-noon: Free, Open Entrepreneur Office Hours for University of Maryland Students, Faculty and Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
Location: Room 1103, Technology Advancement Program building
Mtech is hosting free office hours to help aspiring and current entrepreneurs with tech-based startups or ideas get advice on how to:
- build and finance a startup company
- develop and protect intellectual property
- navigate the technology transfer process
- refine your business strategy for rapid growth
- tap into other entrepreneurial resources
Representatives from the following organizations and groups are typically on hand to speak with you one-on-one regarding any questions you might have about starting a company:
Read more and register at: www.eoh.umd.edu
November 16, 5:30-7 p.m.: UMD Entrepreneurship Connector
Location: 2333 Van Munching Hall, University of Maryland
Come prepared to introduce yourself to other entrepreneurial students at UMD! Mtech and the Dingman Center for Entrepreneurship invite all entrepreneurial UMD students to connect at the upcoming Connector! Meet, brainstorm, stand up to a challenge, share ideas, form successful partnerships! Open to ALL UMD students. Standard entrepreneurial dinner (a.k.a. pizza) will be served to fuel your creativity. This event is a part of the Global Entrepreneurship Week celebration at UMD.
To register, please join the group: http://www.facebook.com/groups/UMDeConnector/ and then RSVP: http://www.facebook.com/event.php?eid=218317194900567
Partner and Other Opportunities and Events
November 3, 4:30 p.m.: A. James Clark School of Engineering Innovation Hall of Fame Induction Ceremony
Location: Innovation Hall of Fame, Jeong H. Kim Engineering Building, University of Maryland
Michael Pecht helped establish the "physics of failure" approach to reliability, a way to anticipate system failure based on root cause knowledge and observed operation. He went on to create reliability prognostics methods, using sensors to gather failure cause information in the design phases of electronic product development, comparing data to expected standards, and improving designs before production to achieve greater reliability. Prognostics methods also were applied in product testing and quality control; later, they were built into devices and systems to detect and predict degradation and remaining useful life in the field. Today, this field is known as Electronics Prognostics and Health Management. Dr. Pecht's work has played a key role in the reliability of aerospace, automotive and computer technologies.
November 3, 5 p.m.: Promoting the Health of Electronics, the Charles and Helene White Symposium
Location: Kim Engineering Building Lecture Hall, University of Maryland, College Park
Learn how engineers are making electronics more reliable in space, on the battlefield, on the highway and in the office. Speakers include: Dennis Hoffman President, IEEE Reliability Society; James Streilein, Executive Director, U.S. Army Test and Evaluation Command; Ed Tinsley, Director of Reliability Engineering for Client Systems, Dell; Michael Pecht, George E. Dieter Professor of Mechanical Engineering and Director, Center for Advanced Life Cycle Engineering; and moderator Darryll Pines Dean, A. James Clark School of Engineering.
November 4-11: Digital Capital Week
Location: Varies throughout D.C.
DC Week is a week-long festival in the U.S. capital focused on bringing together designers, developers, entrepreneurs and social innovators of all kinds. It's a series of 100s of distributed events powered by the community and complemented by core conferences, parties, and projects created by the festival organizers iStrategyLabs and Tech Cocktail. DCWEEK 2010 was assembled in 3.5 months and drew 6,000 attendees from around the world.
November 9-10: Southeast Asia NOW! Business Conference
Location: Hilton BWI Airport Hotel
The two-day conference is for companies looking to grow export sales to Southeast Asia, and will include country commercial briefings, focused seminars, and interactive export preparedness working sessions. Emphasis will be placed on Singapore, Malaysia, Indonesia, Thailand, and Vietnam. Companies will leave the conference with clear "next steps" to pursue appropriate markets.
November 10, 10:30 a.m.-5 p.m.: Bioscience Research & Technology Review Day
Location: Stamp Student Union, University of Maryland
Bioscience Research & Technology Review Day is a special event that features research talks, presentations, mini-symposia, and demonstrations by university scientists. The program provides a unique opportunity for executives and professionals in industry and government to:
- Discover the most recent advances in bioscience and biotechnology at the University of Maryland
- Promote the potential for academic-industry-government collaboration
- Meet University scientists and interact with graduate student researchers
- Network with colleagues who share an interest in the promotion of bioscience and the bioscience industry
- Recruit employees and investigate job opportunities
November 10, 12:30-1:30 p.m.: Lunch with Matt Falls, representative from the US Department of Commerce
Location: 2511 Van Munching Hall, University of Maryland
Lunch with Matthew Falls from the U.S. Department of Commerce and learn about ConnectCommerce and other resources and help available to entrepreneurs. Lunch will be provided.
November 14, 7:30 a.m.-6 p.m.: 2011 Entrepreneur Expo
Location: BWI Marriott, Linthicum Heights, MD 21090
The 2011 Entrepreneur Expo is the first large-scale event dedicated to promoting the key to Maryland’s innovation economy, its entrepreneurs. Led by the Maryland Technology Development Corporation (TEDCO), the Expo is coordinated by a consortium of organizations, including Tech Council of Maryland (TCM), that have a vested interest in Maryland’s entrepreneurial ecosystem. The day-long program will cover a variety of interests for a diverse entrepreneur audience and will include various tracks, interactive exhibit hall, keynote addresses, investor pitches, closing reception and more!
November 17, 6-7:30 p.m.: Pitch Dingman Competition
Location: Frank Auditorium
Watch 5 student entrepreneurs pitch their business ideas to the panel of successful entrepreneurs and investors at the November Pitch Dingman Competition. The students will be competing for $2,500 in seed funding. Listen to the questions and feedback the competitors receive, and choose the winner of the Audience Choice Award ($250). Meet entrepreneurial students, learn from their experience, and get inspired.
November 18, 2-3:30 p.m.: TEDCO Funding Briefing
Location: 5565 Sterrett Place, Suite 214, Columbia, MD 21044
TEDCO Funding briefings provide detailed information about TEDCO's primary funding programs for seed stage companies, including:
- Maryland Technology Transfer Fund (MTTF)
- Johnson and Johnson Joint Investment Program
- University Technology Development Fund (UTDF)
- Working Capital Loan Fund (WCLF)
- Maryland Stem Cell Research Fund (MSCRF)
- Rural Business Initiative (RBI)
- Federal Technology Insertion Initiatives
Attendees will learn about eligibility requirements, proposal submission guidelines, review processes, award conditions, reporting requirements and payback (MTTF, UTDF, and WCLF only). These briefings should be of interest to economic development professionals, angel investors, entrepreneurs, small technology-based businesses, small defense contractors and university faculty inventors. Briefings are free, however registration is required.
Thanks to Our Sponsors!
Sponsors of Mtech's programs include: Fish & Richardson P.C., the Maryland Biotechnology Center, Lockheed Martin, Nixon Peabody LLP, SAIC, and Warren Citrin. Mtech's partner organizations are FounderCorps and Social Matchbox.
E-newsletter archives are available at: http://www.mtech.umd.edu/news/enewsletters.html
Maryland Technology Enterprise Institute (Mtech)
A. James Clark School of Engineering
University of Maryland, College Park, MD 20742