tedco programs for technology transfer and economic development
TRANSCRIPT
TEDCO Programs for Technology Transfer and Economic Development
TEDCO’s Technology Transfer Mission
Build the technology-based economy in Maryland
OutreachProject development
Assist companies and laboratories to achieve their mutual objectives
Technology Transfer Projects
Focused collaboration technology developmentpublic lab and a private company
TEDCO program initiatives defray a portion of the development costs
Allow company and its technology to mature and find continuation funding
ProjectProjectCapitalCapitalFundsFunds
$ $
$
BasicBasicResearchResearch
Proof of Proof of ConceptConcept
Feasibility Feasibility TestingTesting
ProductProductDesignDesign
Product/Product/ServiceService
DevelopmentDevelopmentProjectProject
Public Public LaboratoryLaboratory
CompanyCompany
PublicPublicFundingFunding
Angel Investors
Venture Capital
SBIRSBIR
$
Funding Opportunities Outside Maryland
ProjectProjectCapitalCapitalFundsFunds
$
University University Technology Technology
Development Development FundFund
$
Maryland Technology Maryland Technology Transfer FundTransfer Fund
ATTI /NTCI/ATTI /NTCI/FDTTIFDTTI
Maryland Industrial Partnerships
DBED Challenge
SBIRSBIR
$ $
$
BasicBasicResearchResearch
Proof of Proof of ConceptConcept
Feasibility Feasibility TestingTesting
ProductProductDesignDesign
Product/Product/ServiceService
DevelopmentDevelopmentProjectProject
Public Public LaboratoryLaboratory
CompanyCompany
PublicPublicFundingFunding
WCLFWCLF
Angels
Venture Capital
DBED Enterprise
MDBioMDBio
TechStartTechStart
$
TechbridgeTechbridge
ProjectProjectCapitalCapitalFundsFunds
$
$50K$50K
$
$75K + $75K$75K + $75K
$50K$50K
$90K + $90K
$150K
SBIRSBIR
$ $
$
BasicBasicResearchResearch
Proof of Proof of ConceptConcept
Feasibility Feasibility TestingTesting
ProductProductDesignDesign
Product/Product/ServiceService
DevelopmentDevelopmentProjectProject
Public Public LaboratoryLaboratory
CompanyCompany
PublicPublicFundingFunding
$50K$50K
Angels
Venture Capital
$500K
$200K$200K
$15K$15K
$
TechbridgeTechbridge
ProjectProjectCapitalCapitalFundsFunds
$
$50K$50K
$
$75K + $75K$75K + $75K
$50K$50K
$90K + $90K
$150K
SBIRSBIR
$ $
$
BasicBasicResearchResearch
Proof of Proof of ConceptConcept
Feasibility Feasibility TestingTesting
ProductProductDesignDesign
Product/Product/ServiceService
DevelopmentDevelopmentProjectProject
Public Public LaboratoryLaboratory
CompanyCompany
PublicPublicFundingFunding
$50K$50K
Angels
Venture Capital
$500K
$200K$200K
$15K$15K
$
TechbridgeTechbridge
Bottom Line: Bottom Line: over $1M of funding over $1M of funding
available for start-upsavailable for start-ups
MTTF Success CriteriaAchieving technical/budget/schedule milestonesFinding continuation funding
78 companies with completed MTTF projects (8/24/07)$4,578,380 in TEDCO support$162,824,981 in continuation funding>35.5:1 leverage Funds were raised from Angel, VC, SBIR, ATP, State, Debt Capital, Fed Contracts, Strategic Partners, etc.
Benefits of TEDCO FundingAccess to business and technical assistance
Access to Venture Capital, angels, and strategic partners (e.g. Johnson & Johnson)Publicity through TEDCO press releases Recognition and reputation of state programsWorkshops for TEDCO funded companies only
Meet one on one with expertsNetwork with other companies
Entrepreneurial Assistance
Achieving The Commercialization of Technology in Ventures Through Applied Training for Entrepreneurs (ACTiVATE) The Maryland Minority R&D Initiative (MMRDI) The Maryland Rural Business Innovation Initiative (RBI) The New Markets Growth Fund (NMGF)
For further information contact
Ronald Kaese5565 Sterrett Place, Suite 214Columbia, MD [email protected](410)715-4170