ISR News Story
Maryland Industrial Partnerships Program Approves 18 Technology Development Projects
The Maryland Industrial Partnerships (MIPS) program, an initiative of the Maryland Technology Enterprise Institute (Mtech) in the A. James Clark School of Engineering at the University of Maryland, has approved research projects worth $4.7 million to 18 teams combining Maryland companies with state university researchers to bring technology products closer to market, program officials announce today.
A technology acceleration program, MIPS grants money—matched with company funds—to faculty engaged in each project.
For this round of funding, companies are contributing $2.4 million and MIPS $2.3 million to the jointly funded projects. The Maryland Department of Natural Resources and the Environmental Protection Agency provided additional funding.
Five projects, worth $1.9 million, are investigating various processes for converting poultry manure to energy, including anaerobic digestion, gasification, combustion and washing, while keeping the nitrogen and phosphorous in poultry litter from polluting the Chesapeake Bay. Each would potentially produce electricity and heat, while some create additional salable byproducts, such as fertilizer, soil amendments or algae feedstock.
The additional 13 projects cover a broad swath of technologies, including: medical devices for brain scanning and pressure sensing; therapeutics for cancer, pain management and lung scarring; software for healthcare management, quality assurance for radiation therapy machines, and complex business documents; mobile-ready chemical sensors; high-quality prototype manufacturing; solid oxide fuel cells; and a natural, high-protein sports recovery milk.
This round of funding connects faculty with 16 startups and two small companies. Five projects involve companies based in the Baltimore area, while four are from Montgomery County and three are from Howard County; two are from Annapolis, two are from Maryland's Eastern Shore and one each are from College Park and Keedysville.
Winning projects, segmented by institution, include:
University of Maryland, Baltimore
University of Maryland, Baltimore County
University of Maryland Center for Environmental Science
University of Maryland, College Park
University of Maryland Eastern Shore
Projects are subject to final contract negotiations.
This is the 54th round of MIPS grants. The program has supported research projects with more than 500 different Maryland companies since 1987.
Commercial products benefiting from MIPS have generated more than $28.1 billion in revenue, added more than 5,000 jobs to the state, and contributed to successful products such as Martek Biosciences’ nutritional oils, Hughes Communications’ HughesNet™, MedImmune’s Synagis®, and Black & Decker’s Bullet® Speed Tip Masonry Drill Bit, WellDoc's mobile diabetes management platform, and CSA Medical's diseased-tissue ablation platform.
For information about the historical economic impact of the MIPS program, an independent study titled "An Analysis of the Impacts of MIPS Program Spending and the Commercialization of MIPS Funded Projects on the State of Maryland," by Richard Clinch, from the Jacob France Institute at the University of Baltimore, is available online.
For select project photos, visit: http://www.mtech.umd.edu/news/press_releases/mips_r54_release.html
September 9, 2014