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Grants for Technology Product Development

Grants to Maryland Businesses Partnering with IHEs
to Conduct Research and Develop New Products

Agency Type:

Foundation / Corporation

Funding Source:

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Maryland Technology Enterprise Institute (Mtech) - Maryland Industrial Partnerships (MIPS) Program

Deadline Date:

10/15/21

Description:

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Grants to Maryland businesses and nonprofit organizations working with IHE researchers to research and develop new products and technologies. Interested applicants must contact program staff prior to submitting a proposal. Funding is intended to support employee training and education, product and process development, and research in the areas of engineering, computer science, physical sciences, and life sciences.

Maryland Industrial Partnerships (MIPS) promotes the development and commercialization of products and processes through industry/university research partnerships.  MIPS provides matching funds to help Maryland companies pay for the university research.  Projects are initiated by the companies to meet their own research and development goals, and assists the companies in developing new products. 

The program is administered at the flagship campus at the University of Maryland, College Park, and works throughout the 12-member institutions of the University System of Maryland, plus Morgan State University and St. Mary’s College. In these academic-industrial, public-private partnerships, MIPS connects the resources of the Maryland public universities to businesses from all parts of Maryland.

With MIPS matching funds, companies can leverage the facilities, resources and expertise within Maryland’s public universities to create new products and opportunities. 

For a list of program benefits to companies, faculty, the State, and the University System of Maryland, see the Overview listed in Pre-Application Information below. 

GrantWatch ID#:

GrantWatch ID#: 181452

Estimated Size of Grant:

MIPS awards are limited to $100,000 per project per year for large, medium and small companies and $90,000 for start-up firms. The minimum is $5,000 per project per year.

Term of Contract:

Both one-year (one-phase) projects and two-year (two-phase) projects are eligible for MIPS funding. If a two-phase project is selected, it is funded for the first year. Its status is reviewed by MIPS near the end of the year, and if satisfactory, a proposal for year two is requested.

Additional Eligibility Criteria:

MIPS matching funds are awarded on a competitive basis for projects based on proposals submitted jointly by Maryland companies and researchers from any of the 13 University System institutions. MIPS involves all twelve institutions of the University System of Maryland, as well as Morgan State University and St. Mary's College of Maryland.

A non-Maryland company can participate in MIPS by becoming a "Maryland company" (by MIPS definition) during the first year of the project. The company must provide a commitment letter to this effect along with its proposal.

Non-profit organizations and trade associations are eligible for the MIPS awards, and are subject to the same eligibility rules as for-profit firms.

The minimum requirements for industry matching funds are dependent upon the company size and type.

General guidelines for start-up company qualifications are as follows:
- A new company in product development mode;
- No public stock offering;
- Annual sales do not exceed $2,000,000;
- A minimum of one full-time employee and no more than 20.

Size categories for MIPS matching determination are established as follows:
- Large firm: more than 1,000 full-time employees
- Medium firm: 100 to 1,000 full-time employees
- Small firm: fewer than 100 full-time employees
- Start-up firm: see definition above

Proposals from government organizations are not accepted.

Pre-Application Information:

MIPS Funding Schedule:

MIPStrack accounts available: September 3, 2021
Proposals due at MIPS office: October 15, 2021
Evaluation Board selections: December 9, 2021
Executed agreements returned by companies to MIPS: January 14, 2022
Project commencement: February 1, 2022

How to Apply:
- Fill out an MIPS interest form
- Talk to an MIPS representative
- Find a faculty investigator
- Apply jointly (MIPS can help)

It is strongly suggested that you meet with a member of the MIPS staff before writing your proposal, even if you are familiar with the MIPS program. A staff member can advise you on planning a proposal and assist you with submitting the application. A preliminary review could be invaluable; for example, some applicants fail to include readily available information that might make the difference in qualifying for an award.

MIPS personnel and other professionals in the Maryland Technology Enterprise Institute (Mtech) can assist companies in finding and selecting appropriate faculty researchers for the companies' projects.

A company or a university researcher may participate in more than one MIPS project at a time.

Matching Requirements:
- Cash: Matching requirements are based on the University Budget for the project. Both MIPS and the company contribute cash, the total of which equals the University Budget.
- In-Kind: Companies are required to make an in-kind contribution in addition to their cash contribution. An in-kind contribution is the company's budget for its work on the project. This includes salaries and wages, materials and equipment, travel and other company expenses budgeted for the project.
- Large Firms: Company cash contribution is at least 50% of the University Budget. Company's in-kind requirement is at least equivalent to 25% of the University Budget.
- Medium Firms: Company cash contribution is at least 50% of the University Budget. Company’s in-kind requirement is at least equivalent to 25% of the University Budget.
- Small Firms: Company cash contribution is at least 20% of the University Budget. Company's in-kind requirement is at least equivalent to 30% of the University Budget.
- Start-up Firms: Company cash contribution is at least 10% of the University Budget. Company's in-kind requirement is at least equivalent to 35% of the University Budget.

Schedule: http://www.mips.umd.edu/schedule.html

Overview: http://www.mips.umd.edu/overview.html

Applying: http://www.mips.umd.edu/applying.html

FAQs: http://www.mips.umd.edu/faq.html

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Interested applicants should contact MIPS for the application website.

Faculty Statement of Interest form: http://www.mips.umd.edu/forms-faculty.html

Company Statement of Interest form: http://www.mips.umd.edu/forms.html

Jeanne Pekny, Program Administrative Specialist
(301) 405-3891
jpekny@umd.edu

Joseph Naft, Director
301-405-3886
jnaft@umd.edu

Maryland Industrial Partnerships (MIPS) Program
4467 Technology Drive
3119 Herbert Rabin Technology Advancement Building
University of Maryland
College Park, MD 20742-3371
tel: (301) 405-3891

URL for Full Text (RFP):

Geographic Focus:

USA: Maryland

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