Maryland Industrial Partnerships (MIPS): FAQ MIPS Program > Maryland Technology Enterprise Institute Home • News • Events • About • Contact • Directions • Give Learn Launch Fly Learn the entrepreneurial mindset and the skillsets required to successfully launch a new venture. Master of Tech Entrepreneurship Online master's program, combines award-winning academics with a web-based startup incubator Entrepreneurship & Innovation Program Honors living-learning entrepreneurship program for freshmen and sophomores from diverse majors Minor in Tech Entrepreneurship 15-credit technology entrepreneurship minor available to all students on campus Hinman CEOs Program Nation’s first living-learning entrepreneurship program, serving approximately 90 upperclassmen from diverse majors Coursera Innovative Ideas Course Free Coursera class that helps students explore how to identify and develop great ideas into great companies Courses in Entrepreneurship and Innovation Entrepreneurship and innovation courses for undergraduate, graduate, professional, middle and high school students ASPIRE ASPIRE is a grant program for undergraduate researchers working with Clark School faculty on projects with commercial potential TERP Young Scholars Discovering New Ventures — Startup Companies summer course for high school students Impact Seed Fund $25,000 seed fund for students in the Hinman CEOs, EIP, and Hillman Entrepreneurs programs edX: Identifying Entrepreneurial Opportunities Learn today’s newest skills and tools for identifying and acting on entrepreneurial opportunities for startup companies and corporate innovations Launch your new venture with the expert guidance, facilities and resources offered by Mtech Ventures. Startup Shell Student-run, co-working space and incubator at the University of Maryland that fosters entrepreneurship through collaboration Mtech Ventures University of Maryland incubator for technology-based innovations commercialized at the university Free, Open Entrepreneur Office Hours Office hours for regional entrepreneurs with bio- or tech-based startups or ideas UMD I-Corps Real-world, hands-on training on how to successfully incorporate innovations into successful products and licensing opportunities Chesapeake Bay Seed Capital Fund DNR-backed venture fund for MD startups with innovative technology addressing Chesapeake Bay pollution Rapid Prototyping Center Home to three higher-end machines, electronics prototyping equipment, several high-powered desktop workstations for CAD, and high-accuracy measurement equipment MakerBot Innovation Center Centralized, scalable 3D printing space that empowers everyone to invent, innovate, iterate, and replicate Leverage funding, specialized biotechnology facilities and training that will help your company thrive. Maryland Industrial Partnerships (MIPS) Funding for tech product development projects teaming Maryland-based companies with University System of Maryland faculty LEARN. LAUNCH. FLY. Mtech's Mission The mission of the Maryland Technology Enterprise Institute (Mtech), a unit of the A. James Clark School of Engineering at the University of Maryland, is to: Educate the next generation of technology entrepreneurs; Create successful technology ventures; and Connect Maryland companies with university resources to help them succeed. Mtech has built a comprehensive entrepreneurship and innovation ecosystem at the University of Maryland. Its programs arm top students from around the world with the knowledge of how to successfully launch companies and guide aspiring and existing entrepreneurs through the entire lifecycle of launching and maintaining technology-based ventures. Read more about Mtech > < MTECH MARYLAND INDUSTRIAL PARTNERSHIPS > FAQ Home • Overview • Applying • Schedule • FAQ • Forms • Projects • Impact • Contact • Directions ASPIRE > Funds ASPIRE is a grant program for undergraduate researchers working with Clark School faculty on projects with commercial potential Entrepreneurship & Innovation Program : Home MIPS Frequently Asked Questions Q: How do I find a University technology expert to perform my company's research under the MIPS program? A: The Maryland Technology Enterprise Institute (Mtech) will provide information on faculty members working in your technical area of interest. Fill out a "statement of interest" form. Q: Do MIPS funds go directly to the company? A: No. MIPS funds, as well as the company's cash contribution, are applied to research done by university personnel for the benefit of the company. Q: Which University System of Maryland institutions are involved in the MIPS program? A: MIPS involves all twelve institutions of the University System of Maryland, as well as Morgan State University and St. Mary's College of Maryland. Q: Can a company or a university researcher participate in more than one MIPS project at a time? A: Yes, within the limits of MIPS resources and at the discretion of the evaluators. Q: Who reviews MIPS proposals? A: Economic evaluators and technical reviewers evaluate the proposals. Economic evaluators are professionals from the community involved in early stage technology commercialization. Technical reviewers are active researchers from federal labs and universities and can be suggested by the proposing company or PI. Q: How is MIPS policy determined? A: MIPS has an Advisory Board—consisting of high-level business, state government, federal government, investment community, and university executives—which advises the MIPS Director on policy matters. Q: Are two-year projects possible under the MIPS program? A: Yes; however, the award of a phase II is dependent upon the progress made in phase I. Q: How is proprietary information in proposals treated? A: Reasonable efforts to protect material or data which is clearly marked "confidential" or "proprietary" will be made by the MIPS office and the evaluators. Clearly, excessive use of such labeling may make evaluation difficult and may affect adversely the evaluation of a proposal. Q: Can we get help in preparing a proposal? A: Definitely. Maryland Technology Enterprise Institute (Mtech) professionals will be happy to provide you with guidance and assistance. Just request such help, but, please, don't wait until the last moment. Q: How can a non-Maryland company participate in MIPS? A: A non-Maryland company can participate in MIPS by becoming a "Maryland company" (by our definition, as stated in this booklet) during the first year of the project. The company must provide a commitment letter to this effect along with its proposal. Q: Are non-profit organizations and trade associations eligible for the MIPS awards? A: Yes, and they are subject to the same eligibility rules as for-profit firms. However, we do not accept proposals from government organizations. ©2020. Maryland Technology Enterprise Institute, A. James Clark School of Engineering, University of Maryland. Privacy Policy | Accessibility
