IMPACT: 2011M A R Y L A N D T E C H N O L O G Y E N T E R P R I S E I N S T I T U T E

Maryland Technology Enterprise Institute, A. James Clark School of Engineering, University of Maryland

$27.8 billion

total economic impact since 1985

7,053jobs created/retained

since 1985

555companies served by

Mtech programs in 2011

21 entrepreneurship courses offered in

2011

865enrollments

in Mtech’s entrepreneurship

courses in 2011

3 blockbuster

incubator graduates, including two

that sold for $1B+ and another that

developed pervasive hybrid-electric drive

technology

2011 KEY STATISTICS

Maryland Technology Enterprise Institute2

21entrepreneurship courses

offered in 2011 for graduate, undergraduate, high school and

middle school students

865enrollments in Mtech’s

entrepreneurship courses in 2011

124jobs created

by Squarespace and Lurn, both launched by Hinman CEOS

alumni while in the program

$335,380entrepreneurship scholarships

supported by Mtech in 2011

65students enrolled in the new

Minor in Technology Entrepreneurship in 2011

24initiatives at other universities based upon the Hinman CEOs

Program

ENTREPRENEURSHIP EDUCATION

$38.5 million raised

INTEROPERABLE FACILITY NOTIFICATION

Leading provider of emergency notification systems

Named to Inc. 500 for two straight years

M A R Y L A N D T E C H N O L O G Y E N T E R P R I S E I N S T I T U T E

3A. James Clark School of Engineering, University of Maryland

21entrepreneurship courses

offered in 2011 for graduate, undergraduate, high school and

middle school students

865enrollments in Mtech’s

entrepreneurship courses in 2011

124jobs created

by Squarespace and Lurn, both launched by Hinman CEOS

alumni while in the program

$335,380entrepreneurship scholarships

supported by Mtech in 2011

65students enrolled in the new

Minor in Technology Entrepreneurship in 2011

24initiatives at other universities based upon the Hinman CEOs

Program

ENTREPRENEURSHIP EDUCATION

$38.5 million raised

INTEROPERABLE FACILITY NOTIFICATION

Leading provider of emergency notification systems

Named to Inc. 500 for two straight years

Mtech launched the new 15-credit Minor in Technology Entrepreneurship, which develops the entrepreneurial mind-set and functional skillsets of students to improve their ability to create, launch, and manage technology ventures.

Squarespace Inc., a company founded by Hinman CEOs alumnus (‘05) Anthony Casalena, was named to the Inc. 500 list of fastest growing companies for the third straight year.

Mtech director David F. Barbe was named a “Champion of Change” in America by the White House for his work in helping to create high-quality U.S. jobs.

Mtech Entrepreneurship Education Director James V. Green took first place in the 2011 3E Learning Innovative Entrepreneurship Education Competition for his “Team Challenge of Risk and Reward” activity.

The Entrepreneurship and Innovation Program (EIP) was named a finalist for the USASBE National Excellence in Entrepreneurship Education Awards in the Outstanding Emerging Program category.

The Hillman Entrepreneurs Program was named a finalist for USASBE National Excellence in Entrepreneurship Education Awards in the Outstanding Specialty Entrepreneurship Program category.

2011 HIGHLIGHTS

Maryland Technology Enterprise Institute4

$3.6 billionTechnology Advancement Program (TAP) incubator company revenue generated, company acquisitions,

and investments and contracts acquired since 1985

$205,0002011 support for startups through

Mtech’s business plan competitions: $100K ACC Clean Energy Challenge, $75,000 BPC, $25,000 Impact Seed Fund, $5,000 Hinman CEOs Alumni

Fund

27total companies in the Technology

Advancement Program, VentureAccelerator, and TERP

Startup Laboratory in 2011

687entrepreneurs have gained expert

advice through Mtech’s free, monthly, open entrepreneur office

hours

$23.8 million

investment, grants and contracts raised or acquired by TAP

companies since 2008

$627,000 awarded to UMD startups through

the University of Maryland $75K Business Plan Competition since

2001

Sold for $1.1 billion Sold for $1.6 billion

Sold for $30 million

Hybrid-electric drive technology licensed to Toyota, Ford

M A R Y L A N D T E C H N O L O G Y E N T E R P R I S E I N S T I T U T E

VENTURE CREATION

5A. James Clark School of Engineering, University of Maryland

$3.6 billionTechnology Advancement Program (TAP) incubator company revenue generated, company acquisitions,

and investments and contracts acquired since 1985

$205,0002011 support for startups through

Mtech’s business plan competitions: $100K ACC Clean Energy Challenge, $75,000 BPC, $25,000 Impact Seed Fund, $5,000 Hinman CEOs Alumni

Fund

27total companies in the Technology

Advancement Program, VentureAccelerator, and TERP

Startup Laboratory in 2011

687entrepreneurs have gained expert

advice through Mtech’s free, monthly, open entrepreneur office

hours

$23.8 million

investment, grants and contracts raised or acquired by TAP

companies since 2008

$627,000 awarded to UMD startups through

the University of Maryland $75K Business Plan Competition since

2001

Sold for $1.1 billion Sold for $1.6 billion

Sold for $30 million

Hybrid-electric drive technology licensed to Toyota, Ford

TAP incubator graduate Pixelligent, which makes nanocrystal additives used in electronics and semiconductors, moved into an 11,000 square-foot manufacturing facility and closed a $5.1 million round of funding.

Mtech was named the principal lead for the $100K ACC Clean Energy Challenge, a new business plan competition encouraging students from universities throughout the southeastern United States to develop business plans for new clean energy companies.

TAP incubator company Zymetis Inc., which develops products for the renewable chemicals and advanced fuels industries, was acquired by AE Biofuels Inc., a Cupertino, Calif.-based global advanced biofuels company.

TAP incubator company CosmosID™ was named Best Life Sciences Company in the 2011 Maryland Incubator Company of the Year Awards.

Three inaugural, talented students entered the new Citrin Fellows Program, which supports graduate students pursuing research related to sustainability while also building companies around their technologies.

2011 HIGHLIGHTSVENTURE CREATION

Maryland Technology Enterprise Institute6

$23.7 billion

revenue generated by the top-performing products

developed by MIPS projects since 1987

$383 million

economic impact of the University of Maryland Manufacturing

Assistance Program on Maryland companies since 2000

245companies worked with

MIPS, UMMAP, and BREP in 2011

2,785jobs created by the Maryland

Industrial Partnerships program since 1987

$182.5 million

USM research funded by MIPS since 1987

$617,630 support for UMD undergraduate

research since 1998

Synagis: $11 billion+ therapeuticWorld’s leading product for

Internet-by-satellite

Infant formula additive;

in nearly 100% of U.S. market

Black & Decker Bullet Speed Tip Masonry Drill Bit drills 2X faster

for 6X more holes

M A R Y L A N D T E C H N O L O G Y E N T E R P R I S E I N S T I T U T E

PARTNERSHIPS

$23.7 billion

revenue generated by the top-performing products

developed by MIPS projects since 1987

$383 million

economic impact of the University of Maryland Manufacturing

Assistance Program on Maryland companies since 2000

245companies worked with

MIPS, UMMAP, and BREP in 2011

2,785jobs created by the Maryland

Industrial Partnerships program since 1987

$182.5 million

USM research funded by MIPS since 1987

$617,630 support for UMD undergraduate

research since 1998

Synagis: $11 billion+ therapeuticWorld’s leading product for

Internet-by-satellite

Infant formula additive;

in nearly 100% of U.S. market

Black & Decker Bullet Speed Tip Masonry Drill Bit drills 2X faster

for 6X more holes

MIPS company WellDoc’s landmark mHealth diabetes study demonstrated a 1.9% A1c reduction in people with type 2 diabetes. The company was also named one of America’s most promising companies by Forbes.

Germantown-based Hughes Communications, which utilized MIPS funding to develop the protocol for its industry-leading Internet-via-satellite product HughesNet, was acquired by EchoStar in a deal valued at $2 billion.

Mtech launched the new Biopharmaceutical Advancement Program in Shady Grove to help Maryland companies and researchers develop cell culture-based biopharmaceutical products.

The City of Baltimore contracted MIPS company HY-TEK Bio to mitigate emissions from the city’s Back River Waste Water Treatment Plant.

MIPS company Telcare’s world-first, cellular-enabled blood glucose meter was reviewed favorably in The Wall Street Journal. The product was also a finalist in the Consumer Electronic Show’s Last Gadget Standing competition.

MIPS company CSA Medical Inc., the leading developer of novel Spray Cryotherapy devices that flash freeze and treat diseased tissue inside the body, completed an oversubscribed $12.6 million Series A round of financing.

2011 HIGHLIGHTSPARTNERSHIPS

Maryland Technology Enterprise Institute8

EDUCATE CREATE CONNECT

Hinman CEOs ProgramTwo-year, living-learning entrepreneurship program for juniors and seniors

Technology Advancement ProgramState’s first technology business incubator; 100+ graduates, two billion dollar exits

Maryland Industrial PartnershipsTechnology product development funding for Maryland-based companies

Entrepreneurship & Innovation Program (EIP)Two-year, honors, living-learning entrepreneurship program for freshmen and sophomores

VentureAccelerator ProgramExpert, intense, venture-building assistance for UMD faculty and student entrepreneurs

Maryland International IncubatorHome for international companies; encourages collaboration with UMD faculty and students

Hillman EntrepreneursScholarship program with two local community colleges for transfer students interested in entrepreneurship

TERP Startup LabResearch and prototyping laboratory for very early stage entrepreneurs

Biotechnology Research and Education ProgramBioprocessing, scale-up, cell culture, education and training

Minor in Technology Entrepreneurship for Undergraduates15-credit minor; develops entrepreneurial mind-sets and functional skillsets to launch and manage new ventures

Entrepreneur Office HoursFree, open office hours for current and aspiring entrepreneurs in the region

Maryland Intellectual Property Legal Resource CenterFree legal services for tech entrepreneurs; offered through UMB law school

Entrepreneurship CoursesComprehensive array of entrepreneurship courses for graduate, undergraduate, and pre-college students (21 courses with 865 enrollments in 2011)

University of Maryland $75K Business Plan Competition Annual business plan competition for students, faculty and recent alumni

University of Maryland Manufacturing Assistance Program (UMMAP)Solutions for manufacturers

University of Maryland Technology Startup Boot CampAnnual, intensive, day-long workshop about how to launch technology ventures

CONCEPTS

IDEAS

RESEARCH

M A R Y L A N D T E C H N O L O G Y E N T E R P R I S E I N S T I T U T E

MTECH ENTREPRENEURSHIP/INNOVATION ECOSYSTEM

EDUCATE CREATE CONNECT

Hinman CEOs ProgramTwo-year, living-learning entrepreneurship program for juniors and seniors

Technology Advancement ProgramState’s first technology business incubator; 100+ graduates, two billion dollar exits

Maryland Industrial PartnershipsTechnology product development funding for Maryland-based companies

Entrepreneurship & Innovation Program (EIP)Two-year, honors, living-learning entrepreneurship program for freshmen and sophomores

VentureAccelerator ProgramExpert, intense, venture-building assistance for UMD faculty and student entrepreneurs

Maryland International IncubatorHome for international companies; encourages collaboration with UMD faculty and students

Hillman EntrepreneursScholarship program with two local community colleges for transfer students interested in entrepreneurship

TERP Startup LabResearch and prototyping laboratory for very early stage entrepreneurs

Biotechnology Research and Education ProgramBioprocessing, scale-up, cell culture, education and training

Minor in Technology Entrepreneurship for Undergraduates15-credit minor; develops entrepreneurial mind-sets and functional skillsets to launch and manage new ventures

Entrepreneur Office HoursFree, open office hours for current and aspiring entrepreneurs in the region

Maryland Intellectual Property Legal Resource CenterFree legal services for tech entrepreneurs; offered through UMB law school

Entrepreneurship CoursesComprehensive array of entrepreneurship courses for graduate, undergraduate, and pre-college students (21 courses with 865 enrollments in 2011)

University of Maryland $75K Business Plan Competition Annual business plan competition for students, faculty and recent alumni

University of Maryland Manufacturing Assistance Program (UMMAP)Solutions for manufacturers

University of Maryland Technology Startup Boot CampAnnual, intensive, day-long workshop about how to launch technology ventures

VIBRANT MARYLANDINNOVATIONECONOMY

MTECH ENTREPRENEURSHIP/INNOVATION ECOSYSTEM

The mission of the Maryland Technology Enterprise Institute (Mtech), a unit of the A. James Clark School of Engineering at the University of Maryland, is to educate the next generation of technology entrepreneurs, create successful technology ventures, and connect Maryland companies with university resources to help them succeed. Founded in 1983, Mtech has had a $27.8 billion impact on the Maryland economy and helped create or retain more than 7,053 jobs. Top-selling products such as MedImmune’s Synagis®, which protects infants from a deadly respiratory disease, and Hughes Communications’ HughesNet®, which brings satellite-based, high-speed Internet access to the world, were developed through or enhanced by our programs. Billion-dollar companies such as Martek Biosciences and Digene Corporation graduated from our incubator.

Director: Dr. David Barbe | 301.405.3906 | www.mtech.umd.edu

Nonprofit Org.U.S. Postage

PAIDPermit No. 10

College Park, MD

Maryland Technology Enterprise InstituteA. James Clark School of EngineeringUniversity of MarylandCollege Park, MD 20742-3415

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