Maryland Industrial Partnerships (MIPS) 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 Home • Overview • Applying • Schedule • FAQ • Forms • Projects • Impact • Contact • Directions ASPIRE > Home Maryland Industrial Partnerships (MIPS) Program Entrepreneurship & Innovation Program : Home About THE MIPS PROGRAM Next Proposal Deadline April 30, 2021 Full schedule Contact us 2021 UPDATE Despite the serious impacts of the coronavirus, MIPS is continuing its normal business activities, although we have moved many of our operations online. Our upcoming round of proposals are due April 30, 2021 at 5 p.m. We continue to work with the Maryland business and academic communities to support your efforts to develop technology products and services. Now is an excellent time to develop new products in order to have them ready for market when the U.S. economy begins to recover in the not-too-distant future. MIPS proposals are due April 30, 2021. Grants for Technology Product Development Market-driven new technology and innovation leads to new products and new jobs. Creating jobs in innovative Maryland companies is what the Maryland Industrial Partnerships (MIPS) program has been doing for 32 years: bringing the inventive minds and extensive laboratory resources of the University System of Maryland (USM) to bear on creating the new products that feed the growth of Maryland businesses. Since the program’s inception in 1987, MIPS–enabled products have generated sales of $40 B. MIPS is nationally recognized by the U.S. Small Business Administration as a model program for best practices in transferring technology and is a proven program that contributes significantly to job creation and high tech product development in Maryland. Companies look to Maryland’s public universities for help in solving critical problems in developing new products, while the universities are expected to contribute to economic development and job creation. MIPS projects are not basic research, but rather are translational work that leads to new or improved products. These are products of any Maryland company willing to create jobs, including but not in any way limited to, products based on the universities’ intellectual property. MIPS provides funding, matched by participating companies, for university-based research projects that help the companies develop new products. The program is administered at the flagship campus at the University of Maryland, College Park, and works throughout the 12 member institutions of the University System of Maryland, plus Morgan State University and St. Mary’s College. In these academic-industrial, public-private partnerships, MIPS connects the resources of the Maryland public universities to businesses from all parts of Maryland. With MIPS matching funds, companies can leverage the facilities, resources and expertise within Maryland’s public universities to create new products and opportunities. In the 32 years since the program started, 444 faculty researchers have worked with more than 600 Maryland companies to help develop new products. MIPS-supported products have enabled Maryland companies to directly create more than 7,150 new, high-paying, long-term, high-tech jobs throughout the state. How to Apply Fill out a MIPS interest form. Faculty Statement of Interest Form Company Statement of Interest Form Talk to a MIPS representative. Call the MIPS office at (301) 405-3891 or email Jeanne Pekny to speak with a MIPS staff member about submitting a proposal. Find a faculty investigator. MIPS faculty come from any public state institute in the University System of Maryland, Morgan State University, or St. Mary’s College. A MIPS staff member can find the right match for you. Apply, jointly (MIPS can help). After completing the steps above, a MIPS staff member will give you access to the online application system, where proposals are filed jointly by the participating company and faculty member. Get full details on how to apply > MIPS Now Pays for its Lifetime of Funding Every Year The economic impacts associated with MIPS-supported technologies now generate an estimated $166 million in Maryland state tax revenues every year. These annual state tax revenues significantly exceed the $51 million lifetime costs of the MIPS program. An estimated $125 million in local government revenues is also generated by MIPS-supported technologies every year. Next: Program Overview ©2020. Maryland Technology Enterprise Institute, A. 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