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Commercialization Program

Grants to Maryland Companies to Prepare
Cell Technology Products for the Market

Agency Type:

Foundation / Corporation

Funding Source:

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TEDCO - Maryland Stem Cell Research Fund (MSCRF)

Deadline Date:

01/14/21 5:00 PM

Description:

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Grants to Maryland companies to move cell-related technologies from universities to the commercial sector. Applicants are required to register in the online application portal prior to submitting a proposal. Funding is intended to support projects of both start-ups and established companies that seek to commercialize human stem cell technologies through market assessment, technology validation, and the creation of university start-up companies.

The Maryland Stem Cell Research Fund (MSCRF) Commercialization Program was created to foster the transition of promising technologies having significant commercial potential from Universities, where they were discovered, to the commercial sector, where they can be developed into products and services that meet identified market needs. Specifically, it is the intent of the Commercialization Program to foster the commercialization of such technologies through technology validation, market assessment, and the creation of University start-up companies in Maryland. A “University Start-up” is a company reliant on a technology licensed from a University for commencement of its operations.

Commercialization: Early-stage Development: “Early-stage Development” includes corporate product development in preparation for a product launch or the advancement of a product technology to achieve a commercial milestone that significantly increases the company’s value and better positions the company for follow-on investment.

Up to 10% of Commercialization awards may be used by Start-up Companies for overhead costs, provided, however, that not more than 50% of such overhead costs (i.e., 5% of the award amount) may be used to pay the University for patent or licensing costs. Any domestic travel expenses must be detailed and justified, and included as part of the 10% overhead portion of the budget. 

GrantWatch ID#:

GrantWatch ID#: 187322

Estimated Size of Grant:

Commercialization awards are capped at $270,000.

Term of Contract:

Commercialization projects, including all subcontracts, must be completed within 12 months of the date of the award. Because the nature and scope of the proposed research will vary from Application to Application, the duration of Awards may also vary. Earliest Anticipated Start Date: June 2021.

Additional Eligibility Criteria:

Who can apply: Maryland-based start-up companies or established companies developing new human stem cell-based products.

Applicants for Commercialization Program must be a Start-up meeting the following criteria in order to be eligible for funding from the Program:
• The new start-up has licensed technology from a University or a research institute within twelve (12) months of applying for a Program award; if the technology has not yet been licensed, a fully executed license agreement will be required within 90 days of notification of the MSCRF award. (A copy of the license agreement will be required to receive any funds).
• An established company working on a new product or new technology that they developed or licensed in.

The company must be located in Maryland.

International travel is not an eligible expense.

Pre-Application Information:

Submission Deadline and Review Dates:
- Application Submission Deadline: January 14, 2021, by 5:00 p.m.
- Peer Review Date(s): March 2021
- Commission Review Date(s): May 2021
- Earliest Anticipated Start Date: June 2021

PIs must register in the TEDCO on line submission system at least one month before the Application Submission Deadline.

All Commercialization applicants who are selected to move on to the full review committee will be required to present in person to the MSCRF Review Committee.

Project funding will be subject to the successful completion of a number of proposed project milestones. Applicants should be aware that project funding could be terminated at any point during the project if early project data suggests that the technology will not be sufficient for the intended commercial application or if the project is not reasonably progressing as originally proposed.

Award payments for Commercialization projects will be made as follows: 25% following execution of the agreement, 50% upon submission and approval of a Mid-term Report and the successful completion of approved milestones, and 25% upon submission and approval of a Final Report.

Contact Information:

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

Register and apply online: https://jlweb.co/prod1/portal/portal.jsp?c=2222979&p=5503280&g=5597611

Paper copies should be sent to:
Maryland Stem Cell Research Fund – Commercialization Program
Maryland TEDCO
7021 Columbia Gateway Drive, Suite 200
Columbia, Maryland 21046

Questions about this RFA must be submitted by email to: mscrfinfo@tedco.md. Telephone inquiries will not be accepted.

URL for Full Text (RFP):

Geographic Focus:

USA: Maryland

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