Technology Transfer Funding
Initiatives
Linda D. Saffer, Ph.D.
Technology Analysis Specialist
TEDCO’s mission
To foster the development of a
technology economy that will create
and sustain businesses throughout all
regions in the State of Maryland.
Created by the State legislature in
1998, as a public instrumentality of the
State.
TEDCO Outreach Initiatives
Upcoming Public Laboratory Showcases
National Institutes of Health, October 2004
NASA Nanotech Conference, Nov 2004
NAWC Pax River December 2004
TEDCO Seed Funding Initiatives
Funding for technology collaborations
between companies and universities or
federal laboratories and funding to
universities to make a technology more
licensable
Objective of initiatives is to enable a company
in the earliest stages of a technology
partnering project to raise additional funding
for the project
Public
Laboratory
Basic
Research
Proof of
Concept
$
$
Public
Funding
University
Technology
Development
Fund
Federal
Laboratory
Partnership
Program
Company
Feasibility
Testing
Product
Development
$
Maryland
Technology
Transfer Fund
Maryland Industrial
Partnerships
(MIPS)
$
Toucan Capital
New Markets
Venture Fund
DBED Enterprise
Fund
SBIR
DBED Challenge
Product/
Service
Development
Project
ATP
$
Project
Capital
Funds
Technology Transfer Program
University Technology Development
Fund
Supports pre-commercial research on
university intellectual property to increase
the likelihood of commercialization.
Maximum award amount is $50,000.
Reimbursable award.
Technology Transfer Program
Federal Lab Partnership Program
Enables companies to reduce the cost of a
CRADA with a federal lab in Maryland
• Should be first collaboration between lab and
company
Provides funds from 50% to 90% of the
cost of a project with a maximum of
$20,000.
Technology Transfer Program
Maryland Technology Transfer Fund
Funds Maryland companies developing
technology-based products and/or services
in collaboration with the Universities and/or
Federal Laboratories in Maryland.
Maximum award amount is $50,000
Reimbursable award
Maryland Industrial Partnerships
(MIPS)
Matching grants for research to help Maryland
companies develop products or processes.
Research conducted by faculty from any
University System of Maryland campus.
Grants up to $100,000
MIPS office- (301) 405-3891
Martha Connolly
MD Department of Business and
Economic Development Programs
Challenge Fund
Provides investments of up to $150,000 for seed-stage
companies to cover a portion of the initial costs associated
with bringing new products to market. Awards are typically
made in units of $50,000
Enterprise Investment Fund
Makes direct equity investments in emerging companies to
enable them to move into their next stage of development.
The amount of investment ranges from $150,000 to
$500,000. 3:1 coinvestment by venture fund is required.
Ann Quinn, Director, Investment Financing Group, 1877-821-0099
Small Business Innovation Research
(SBIR) Grants
Large federal funding agencies participate
Opportunity to propose innovative ideas that meet
the specific research and research and development
needs of the Federal Government
http://www.zyn.com/sbir/
Three phase program
1 - Feasibility demonstration
2 – Expansion/development of phase I results
3 - Commercialization with non-federal funds
Advanced Technology Program
National Institute of Standards & Technology
Bridges the gap between research lab and market
place, stimulating prosperity through innovation.
Through partnerships with the private sector,
ATP’s is accelerating development of innovative
technologies that promise significant payoffs
FY 04 Proposals Closed as of April 15
1-800-ATP-FUND,atp@nist.gov, www.atp.nist.gov
TEDCO Ventures:
Toucan Capital
Toucan Fund II is a $120 million fund that
began making investments in summer 2001
Toucan Capital specializes in very early stage
investment opportunities.
The fund managers are particularly interested
in working with inventors, researchers,
scientists and first-time entrepreneurs at the
beginning of their efforts to commercialize an
invention or technology.
TEDCO Ventures
New Markets Growth Fund
Dingman Center
$20 Million private equity fund
Invests $100,000 - $1Million, may play a lead role
Seed and early stage technology companies
Later stage growth companies
Located or willing to locate to designated lowincome geographic areas- Greater BaltimoreWashington and Northern Virginia area
Contact: Mark Grovic 301-405-9499
Funding Program Briefing
TEDCO funding programs detailed
briefing in Columbia, MD
July 9, TEDCO Offices
• 2:00 to 3:30 p.m.
July 23, Neotech
For further information contact:
Steven L. Fritz, Ph.D.
Director, Technology
Transfer
Linda D. Saffer, Ph.D.
Technology Analysis
Specialist
sfritz@marylandtedco.org
lsaffer@marylandtedco.org
410-715-4166
410-715-4175
Maryland TEDCO
5575 Sterrett Place, Suite 240
Columbia, MD 21044
www.marylandtedco.org