Maryland Industrial Partnerships (MIPS): Overview 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 > Overview Home • Overview • Applying • Schedule • FAQ • Forms • Projects • Impact • Contact • Directions ASPIRE > Applying ASPIRE is a grant program for undergraduate researchers working with Clark School faculty on projects with commercial potential Entrepreneurship & Innovation Program : Home Overview Maryland Industrial Partnerships (MIPS) promotes the development and commercialization of products and processes through industry/university research partnerships. MIPS provides matching funds to help Maryland companies pay for the university research. Projects are initiated by the companies to meet their own research and development goals. Through MIPS, Maryland firms have the opportunity to leverage their research and development funds and gain access to the creative talents and extensive research base of the University System of Maryland. MIPS matching funds are awarded on a competitive basis for projects based on proposals submitted jointly by Maryland companies and researchers from any of the 13 University System institutions. Amount of Awards The maximum MIPS award for any single project is $100,000 per year for large and small companies and $90,000 for start-up firms. Types of Projects Research and Development Research may be in the broad areas of engineering, computer science, physical sciences and life sciences. Education and Training Projects may also help a company plan and develop industrial training programs for its employees. Benefits of the MIPS Program The potential benefits of MIPS projects to the state, to its companies, and to the university are many. Benefits to Maryland Companies: Cost-effective research with world-class university faculty Access to university students, state-of-the-art facilities, laboratories and equipment Companies can select research capabilities to meet specific requirements Non-dilutive, non-debt funding for research Opportunity to work directly with talented students—potential future hires Rapid proposal evaluations—MIPS notifies award winners within 60 days of the proposal deadline Student participants are potential future employees Makes companies more competitive, domestically and internationally Benefits to Faculty: Research translates directly to new product development Potential for published papers and improved university facilities Students gain valuable experience working on commercial technologies Benefits to the State of Maryland: self-funding economic development program helps create and retain jobs helps to diversify and strengthen the state’s economy helps to improve the state's business climate and to enhance its reputation makes a more attractive environment to firms considering relocation to Maryland Benefits to University System of Maryland: provides faculty with the opportunity to perform commercially relevant research leading to new products and processes helps to improve university research facilities improves university academic programs to meet industry needs students gain experience in industrial environments Before You Apply Application Requirements Funding Requirements Selection Process & Criteria ©2020. Maryland Technology Enterprise Institute, A. James Clark School of Engineering, University of Maryland. Privacy Policy | Accessibility
