The MII Program was created to foster the transition of promising technologies having significant commercial potential from Qualifying Universities, where they were discovered, to the commercial sector, where they can be developed into products and services that meet identified market needs. Specifically, it is the intent of the MII Program to foster the commercialization of such technologies through technical validation, market assessment, licensing to a suitable commercial partner or through the creation of start-up companies in Maryland.
The maximum award for projects spanning two phases of the Program (Technology Assessment and Company Formation) may total up to $430,000 at a single Qualifying University and up to $480,000 made to two or more Qualifying Universities submitting joint projects.
UMBC faculty will discuss their experiences in obtaining MII funding to commercialize their inventions.
Please contact Wendy Martin, Director, UMBC Technology Development, if you have any questions. wmartin@umbc.edu
Space is limited - Please RSVP to Diane Markellos, dianem@umbc.edu
