MIPS accelerates the commercialization of technology in Maryland by providing matching funds for collaborative R&D projects between companies and the University System of Maryland faculty. MIPS will match 25 percent to 90 percent (up to $200,000) of university project costs. Companies of any size are encouraged to apply.  

Through MIPS, companies can:

• Leverage R&D dollars through cost-effective research;
• Gain access to world-class researchers and facilities;
• Select research capabilities to meet specific requirements; and
• Engage with top-notch student researchers who can become valuable, experienced future employees.  

Administered by the Maryland Technology Enterprise Institute (MTECH)

The Maryland Technology Enterprise Institute (MTECH), a unit of the A. James Clark School of Engineering at the University of Maryland, accelerates new ventures, spurs economic growth, and brings university expertise to Maryland companies through technology entrepreneurship and research programs.

For more information, visit http://mtech.umd.edu or call 301-405-3906.