Faculty and Graduate Student Startup Support

Start-up Company Guidance

Our goal is to empower UMD faculty and graduate students to transform their research into successful startups by providing resources and customized guidance through rich entrepreneurship ecosystem at the University of Maryland and the State of Maryland.

If you are University of Maryland faculty or grad student and are interested in starting a company using technology developed in your lab, your first step is to submitt intellectual property disclosure form (doc) to OTC.

Faculty Startup Program provides a general outline, however we will work with you to design a path to success specific to your needs.

 

$600K+ in Funding 

$5-15K UM Ventures Seed Grant
$50K NSF I-Corps
$265K TEDCO Maryland Innovation Initiative
$90K Maryland Industrial Partnerships 
$150-250K Maryland Momentum Fund
$15K AWS credits 

Not counting SBIR and other funding!

 

Market Research Resources

UMD Libraries: Virtual Business Information Center 

TEDCO: Market Search Advisory Services 

 

Entrepreneurs in Residence

An opportunity to talk to someone who has been there and done that: schedule a meeting with one of our Entrepreneurs in Residence (EIR):  

About EIR Doug Humphrey: http://otc.umd.edu/staff/humphrey

About EIR Harry Geller: http://otc.umd.edu/staff/geller

About EIR Glen Hellman: http://www.otc.umd.edu/staff/hellman 

 

Legal Help

Intellectual Property and Entrepreneurship Clinic at the University of Maryland, Baltimore is offering the following assistance to UMD faculty startups:

·        Patentability analyses for inventions, including conducting prior art searches and considering whether the invention constitutes patent eligible subject matter. For non-university-owned inventions only.

·         Students prepare and file patent applications with the United States Patent and Trademark Office.  The clinic participates in the USPTO’s Law School Clinic Certification Program, which gives the students the ability to file and prosecute patent and trademark applications while they are working in the clinic under the supervision of a licensed attorney.  Please note that we are not authorized to file internationally. For non-university-owned inventions only.

·         Students conduct trademark clearance searches and file trademark applications with the USPTO.  We can also file trademark applications with the State of Maryland, if a client is not using its mark in interstate commerce.

·         Assist with copyright registrations at the US Copyright Office. For non-university-owned copyrighted materials only.

·         Counsel clients on protection of trade secrets and confidential information, and prepare Nondisclosure Agreements.

·         Draft a variety of agreements, including IP license agreements (for non-university-owned IP only), independent contractor and employment agreements, design and manufacturing agreements, etc.

·         Counsel clients on business entity selection and formation.  If the client decides to form a Maryland limited liability company or corporation, assist them with filing the appropriate documents with the state, and we prepare operating agreements and bylaws.  Can also assist with creating Maryland nonprofit corporations and “B” entities.

·         Assist clients with various other business law-type issues, such as permits, leases, and other contracts.

StartupUMD Speaker Series

Coming soon: Fall 2018 schedule of Startup UMD Speaker Series. 

 

Contact:

Alla McCoy, MBA'13
Director, Facutly Startup Support
acmccoy@umd.edu

 

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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
Email: umdtechtransfer@umd.edu

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