Research Project · Engineering
Maryland Innovation Initiative
Maryland Technology Development Corporation (TEDCO)www.tedcomd.com (opens in a new tab)Catalog updated
- Amount
- $430,000
- Program type
- Research Project
- Field
- Engineering
- Eligible career stages
- Not listed
About this program
The Maryland Innovation Initiative (MII), a collaboration between TEDCO, the State of Maryland, and five qualifying universities, supports commercialization of university-developed technologies through technology assessment and company formation. Funding totals up to $430,000, including up to $130,000–$180,000 for nine-month technology validation and market assessment and up to $300,000 for commercial launch. Full-time faculty at the five qualifying universities may apply for Technology Assessment grants, while Maryland-based startups that licensed qualifying university technology within the previous 12 months may apply for Company Formation investments. Applicants must have university-owned, disclosed, and appropriately protected intellectual property, engage a designated Site Miner at least 30 days before submission, and apply by January 15, April 15, July 15, or October 15.
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