Information

Maryland Industrial Partnerships (MIPs) promotes the development of innovative products and processes through industry and university research partnerships. MIPs provides funding, resources, and access to state-of-the-art facilities at the University of Maryland. Entrepreneurs benefit from collaboration with experienced faculty researchers, access to cutting-edge technology, and the opportunity to accelerate the commercialization of their products. This program is especially beneficial for startups looking to leverage academic expertise to enhance their product development process.

How to Apply

To apply for the Maryland Industrial Partnerships (MIPs) program, interested companies should prepare a detailed proposal outlining their project, its potential impact, and the scope of the collaboration with university researchers. The application process typically involves submitting this proposal through the MIPs website, followed by a review and selection process. Successful applicants will then enter into formal agreements to commence the partnership.

Total number of startups invested: 4

Average Funding: The average funding round provided by MIPs varies depending on the scope and requirements of the project. Typically, funding can range from $20,000 to $100,000 per project.

Industry: MIPs focuses on a broad range of industries including biotechnology, cybersecurity, energy, environmental technology, information technology, manufacturing, and healthcare.

Market: United States