Technology Advancement Program

Criteria

TAP seeks high-potential emerging companies developing and/or offering new products and services rooted in advanced technology.  While TAP favorably considers firms with scale potential attributable to large and growing markets, TAP also accepts enterprises with well-defined niche leadership strategies. 

TAP considers the following criteria when studying applicants:

• Clear competitive differentiation, preferably through unique, protected technology
  

• Experienced management team and founders committed to recruit needed executives
  

• Multi-phased, deliberate plan to launch and grow the business
  

• Clear plan to finance operations to consistent profitability
  

• High potential for sustainable, scaling revenues and earnings
  

• Target market receptive to new entrants
  

• Technology beyond the "proof-of-concept"
  

• Demonstrable synergies with TAP and the University
  

• Commitment to locate substantial operations in Maryland

Detailed Criteria for TAP (pdf)

 

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