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Programs from the Maryland Technology Development Corporation
Maryland Technology Transfer and Commercialization Fund Up to $75,000 in early stage technology commercialization costs. The goal of the Maryland Technology Transfer and Commercialization Fund (MTTCF) is to provide funding for Maryland companies who wish to develop technology-based products and/or services in collaboration with the Universities and/or Federal Laboratories in Maryland. To be eligible for the program, a company must be collaborating with a Federal Laboratory or university in Maryland and be located or an affiliate of an incubator company in the state.
TechStart Program The TechStart Program will fund university-based or federal lab-based teams to determine whether specific technologies would have the potential to be commercialized through a startup company. A university or entrepreneur, in the case of a federal lab submits a proposal on a disclosed technology to TEDCO for evaluating the opportunity. An award would defray TEDCO approved costs of evaluating the feasibility of the startup opportunity. Proposals are capped at $15,000 per technology.
University Technology Development Fund The goal of the Maryland Technology Development Corporation's (TEDCO) University Technology Development Fund (UTDF) is to provide resources to Maryland universities to support pre-commercial research on university intellectual property to increase the likelihood of commercializing that intellectual property. The program helps universities to license early stage technologies more effectively and serves as a source of technology development projects for Maryland companies that are eligible for additional TEDCO and other State financing programs.
The Maryland Technology Development Corporation (TEDCO) and The Frederick County Office of Economic Development (FCOED) have contracted with the U.S. Army Medical Research and Materiel Command (USAMRMC) to facilitate transfer of technology. Technology development projects will be considered within the scope of the FDTTI if the company can show how the proposed technology will meet the technology needs of USAMRMC (Spin-In) and/or the commercialization of USAMRMC technologies (Spin-Out).
NAVAIR Technology Insertion Program The TEDCO NAVAIR team will establish an active outreach program to explore the research portfolios of academia, industry, and military research enterprises in the mid-Atlantic region to identify research results that align with NAVAIR avionics technology needs.