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TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
TEDCO Presentation for 2010 Showcase
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TEDCO Presentation for 2010 Showcase

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On 4/14 at the 2010 TU Showcase Jim Poulos, Vice President, Technology Transfer and Commercialization, Maryland Technology Development Corporation (TEDCO), highlighted programs and funding available …

On 4/14 at the 2010 TU Showcase Jim Poulos, Vice President, Technology Transfer and Commercialization, Maryland Technology Development Corporation (TEDCO), highlighted programs and funding available for University-Industry collaborations

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Transcript

  • 1. TEDCO Seed Funding Programs for Technology Development and Commercialization James A. Poulos, III, J.D. April 14, 2010 Towson University Showcase
  • 2. Technology Transfer Mission
    • Build the technology-based economy in Maryland
      • Outreach
      • Project development
    • Assist companies and laboratories to achieve their mutual objectives
  • 3. Project Capital Funds Proof of Concept Feasibility Testing Product Design Product/ Service Development Project Public Laboratory Company Public Funding Angel Investors Venture Capital SBIR Funding Opportunities Outside Maryland TEDCO’s depiction of the Valley of Death $ $ $ Basic Research $
  • 4. Project Capital Funds University Technology Development Fund Proof of Concept Feasibility Testing Product Design Product/ Service Development Project Public Laboratory Company Public Funding TechStart Techbridge $ Maryland Stem Cell Research Fund Rural Business Innovation Initiative (RBI 2 ) $ $ $ $ Basic Research $ $
  • 5. Maryland Technology Transfer Commercialization Fund (MTTCF)
    • Facilitate the transfer of technology between Maryland Universities or Federal Laboratories and Maryland Companies
      • Project must involve significant collaboration
    • Maximum award amount is $75,000.
      • Reimbursable award
      • Requires a 50% company match
  • 6. MTTCF Eligibility
    • Recipient must be Maryland business
      • Fewer than 16 employees OR
      • University/fed lab spin-out less than 5 years prior to proposal
    • Recipient must be early stage
      • No revenue OR
        • Revenue = commercial product sales/services
      • No venture investment
  • 7. MTTCF Success Criteria
    • Achieving technical/budget/schedule milestones
    • Finding continuation funding
      • 137 projects completed
      • (as of 2/18/2010); 170 projects funded; 52% rate.
      • $8.3M in TEDCO support
      • 319M in continuation funding
      • >$38.5:1 leverage
      • Funds were raised from Angel, VC, SBIR, ATP, State, Debt Capital, Fed Contracts, Strategic Partners, etc.
  • 8. University Technology Development Fund
    • Supports pre-commercial research on university technology for commercialization
    • All institutions of higher education in Maryland are eligible
    • University faculty or staff apply in cooperation with the technology licensing office
    • Maximum award: $50,000
  • 9. TechStart Program
    • Increase the number of university start-up companies
    • All university labs in the State are eligible
    • Team - experienced entrepreneur, the inventor, and a technology transfer manager
    • Funding up to $15,000 for commercialization analysis
      • (IP, market, competition, business model)
  • 10. RBI² Assistance
    • Business assistance (examples)
      • business model or strategy
      • market strategy/analysis and competitive analysis
      • Funding opportunities and introductions
      • financial analysis
      • Business plan and grant review
    • Technology assistance
      • intellectual property
      • prototype development
      • manufacturing problem solving
      • green assessments, etc.
    • Amount of assistance per company is up to $7,500
  • 11.
    • RBI Program Director Lower Eastern Shore Rep.
    • Southern Maryland Rep. Lee Kirwan
    • Robbie Melton 410.715.4164 410.430.0770
    • [email_address] [email_address]
    • Upper & Mid Shore Rep. Western Maryland Rep.
    • Diane Ryan Chuck Ernst
    • 410.258.5558 301.842.3260
    • [email_address] [email_address]
    •  
  • 12. Benefits of TEDCO Funding
    • Access to business and technical assistance
    • Access to Venture Capital, angels, and strategic partners (e.g. Johnson & Johnson)
    • Publicity through TEDCO press releases
    • Recognition and reputation of state programs
    • Workshops for TEDCO funded companies only
      • Meet one on one with experts
      • Network with other companies
  • 13. Entrepreneurial Assistance
    • Achieving The Commercialization of Technology in Ventures Through Applied Training for Entrepreneurs (ACTiVATE)
    • The Maryland Rural Business Innovation Initiative (RBI²)
  • 14. TEDCO and FED Partners
    • TEDCO has entered into MoUs, PIA’s and other agreements with 15 Fed Labs and the FLC
      • APG, APL, USDA, NAWC Pax River, NSWC Indian Head, NSWC Carderock, NSWC CRANE, National Naval Medical Center, NSA, NIST, ACE, NIH, NASA….
  • 15. Contacts
    • Henry Ahn (MMTF manager)
    • [email_address]
    • (410)715-4165
    • Ronald Kaese (FDTTI manager)
    • [email_address]
    • (410)715-4170
    • Linda Saffer Ph.D. (UTDF and TechStart manager)
    • [email_address]
    • (410)715-4165
    • Robbie Melton (Rural Business Innovation Initiative )
    • [email_address]
    • (410) 715-4173
  • 16. further contact information
    • James A. Poulos, III
    • 5565 Sterrett Place, Suite 214
    • Columbia, MD 21044
    • www.marylandtedco.org
    • [email_address]
    • (410)715-4166

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