MOMENTUM FUND:  The Maryland Momentum Fund is a newly-created mechanism for investing in promising early stage companies associated with the University System of Maryland (USM). Maryland-based companies that are seeking equity financing or debt financing  that is convertible into equity may apply.  The funding provided by the Fund will normally be in the range of $150K-$250K, with a ceiling of $500K.  Recipients of this funding must obtain a matching investment (1:1) within six months, in either direction, from the date of commitment by the Fund.
The next meeting of the Advisory Board will be on September 11, 2017. At the present time all companies that could be considered for funding at the September meeting are already being evaluated by a panel of reviewers.  Any companies that apply for funding at this time would be subject to preliminary evaluation by the Momentum Fund staff, but would be eligible for consideration by the Advisory Board in the meeting to be held later this year. In order to make application to the Momentum Fund the company should send an email notification of its intent to David W. Wise, the Director of the Fund, at    The company should also log onto the GUST system ( and open a company profile.

The University of Maryland seeks a dynamic, forward-thinking individual to lead the newly-renamed Office of Innovation and Commercialization (OIC). The OIC is charged with cultivation, assessment, protection, and commercialization of intellectual property and other transferrable knowledge (frameworks, methods, copyrights, etc.) generated at the University. The OIC is an integral component of UM Ventures – College Park which has a mission to help drive economic and social impact from University research and discoveries through corporate partnering and entrepreneurial activities. The Director leads and manages the OIC, overseeing personnel, budgets, and all aspects of intellectual property cultivation, assessment, protection, and commercialization. The Director establishes and implements strategies to maximize the social and economic impact of University research and discoveries through OIC’s commercialization efforts and its support of related entrepreneurial endeavors. The Director is responsible for developing and meeting annual OIC licensing goals and acts as primary point of contact and steward to resolve problems and issues affecting intellectual property and licensing at all levels within the University. The Director interacts closely with University administrators, faculty, staff, and students; units involved in research administration support services, internal and external legal counsel; external partners / potential licensees and industry research and development. The Director will build strong relationships externally to drive broader awareness and dissemination of the University’s innovation capabilities and available technologies and will develop trusting working relationships with University researchers to advance the University’s culture of innovation and collaboration. The Director reports directly to the Associate Vice President, Innovation and Economic Development (AVP) and strategically supports the AVP as the expert licensing professional in the OIC.

More details here.


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Office of Technology Commercialization
2130 Mitchell Building
7999 Regents Dr.
University of Maryland
College Park, MD 20742

Phone: 301-405-3947  |  Fax: 301-314-9502

© Copyright 2013 University of Maryland

Did You Know

UMD's Neutral Buoyancy Research Facility, which simulates weightlessness, is one of only two such facilities in the U.S.