Mtech Impact
Mtech Historical Impact in Three Numbers
$94.8B
Mtech’s total economic impact since 1985
18,992
Jobs created through Mtech’s programs
72,000+
Total students who have gone through Mtech’s education programs
Cumulative Economic Impact of Mtech Programs
Amount
Source
$3.6B
Revenue generated, company acquisitions, investments and contracts by Mtech Ventures companies since 1985
$14.2M
Revenue generated by Chesapeake Bay Seed Capital Fund companies in 2024
$446.M
Total funding raised by I-Corps teams
$52.7B
Revenue from top MIPS-supported products
$8B+
Total revenue generated by Mtech’s education programs
$1B+
Investment raised by Hinman CEOs companies
$10B+
Valuation of Hinman CEOs companies
$18.7B
Major acquisitions of companies whose early stages were supported by MIPS
$383M
Economic impact of Mtech's manufacturing assistance programs
$705K
Mtech business plan competition prizes awarded
Jobs Created by Mtech Programs
Amount
Source
14,000
Current direct jobs created in Maryland by MIPS companies
1,686
Jobs created by I-Corps companies
1,000+
Jobs created in Maryland by Mtech Ventures companies
2,040
Jobs created by Mtech’s manufacturing assistance programs
214
Jobs created by Maryland Innovation Extension companies
52
Jobs created in Maryland by Chesapeake Bay Seed Capital Fund companies
Companies Served by Current Mtech Programs
Amount
Source
705
Companies participating in the MIPS program
1,360
Teams participating in I-Corps
146
Companies Mtech Ventures incubator companies, both graduate and current
100+
Hinman CEOs companies launched
87
Companies created with help from the Maryland Innovation Extension
12
Companies invested in by the Chesapeake Bay Seed Capital Fund
Education Impact
$1B+
Investment raised by Hinman CEOs companies
$10B+
Valuation of Hinman CEOs companies
24
Courses offered by Mtech
6,000+
Average annual enrollments in Mtech’s on-campus entrepreneurship courses
100+
Student startups launched by Hinman CEOs
72,000+
Total students who have gone through Mtech’s education programs
$8B+
Total revenue generated by Mtech’s education programs
