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www.mtech.umd.edu - President Barack Obama, Sept 2010 “Our future prosperity in part depends on whether or not we are creating an environment in which folks can test new ideas, bring new products to market, and generate new businesses It’s a challenge that requires businesses, and leaders, and universities , others to seek out new ways to promote entrepreneurship across this country.” Innovation Ecosystems: A critical component of universities in the 21st century NCIIA Open 2011 Dean Chang, Craig Dye, Bob Proctor

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Page 1: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

- President Barack Obama, Sept 2010

“Our future prosperity in part depends on whether or not we are creating an environment in which folks can test new ideas, bring new products to market, and generate new businesses … It’s a challenge that requires

businesses, and leaders, and universities, others to seek out new ways to promote entrepreneurship across this country.”

Innovation Ecosystems: A critical component of universities in the 21st

century

NCIIA Open 2011Dean Chang, Craig Dye, Bob Proctor

Page 2: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

University of Maryland

8 miles

Page 3: U Maryland - Innovation Ecosystems - Open 2011

STANFORD

MICHIGAN MIT

BERKELEY Univ of MARYLAND

Universities in the Top 20 Rank in the world each ofEngineering; Physics, Computer Science, Social Sciences; Economics, Business, Mathematics

Source: www.arwu.org

Page 4: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

UMD Noteworthy

• Co-founded NCIIA’s Invention to Venture series of Boot Camps in 2001

• Over half a billion dollars in annual sponsored research

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

Page 5: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

Notable Alumni/Entrepreneurs:Sergei Brin, co-founder, Google

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

Page 6: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

Notable Alumni/Entrepreneurs: Brian Hinman, co-founder, Polycom

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

Page 7: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

Notable Alumni/Entrepreneurs: Kevin Plank, founder, Under Armour

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

Page 8: U Maryland - Innovation Ecosystems - Open 2011

SourcesCommercial Realization

An Innovation Lab-to-Market Ecosystem

University & Federal Labs

Sponsored Research

RegionalInnovators &

Entrepreneurs

Seed & VC Funding

Products & Services

Innovation & Entrepreneurship

Education

Incubation & Research

Parks

Processes and Programs

Business

Planning and Acceleratio

n

Business

Planning and Acceleratio

n

Marketin

g and Communica

tions

Marketin

g and Communica

tions

Regional and N

ational In

volve

ment

Regional and N

ational In

volve

ment

Candidate Concepts &

Ideas

IP Protection

Page 9: U Maryland - Innovation Ecosystems - Open 2011

- President Barack Obama, Sept 2010

“Our future prosperity in part depends on whether or not we are creating an environment in which folks can test new ideas, bring new products to market, and generate new businesses … It’s a challenge that requires businesses, and

leaders, and universities, others to seek out new ways to promote entrepreneurship across this country.”

Innovation Ecosystems: A critical component of universities in the 21st

century

NCIIA Open 2011Dean Chang, Craig Dye, Bob Proctor

Page 10: U Maryland - Innovation Ecosystems - Open 2011

www.mtech.umd.edu

Mtech’s Continuum of Programs Spurs Innovation

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

Entrepreneurship Education

Venture Creation

InnovativeCompanies

Entrepreneurship Dorm/Incubator

Business Plan Competition

Business Incubator

Product Development Grants

Seed Funds

VentureFunds

VentureAccelerator

Tech Startup Boot Camp

Faculty Venture Fairs

Entrepreneur Office HoursEntrepreneurship

Courses

Tech TransferCommittee

IdeasConcepts

Technologies

Students

External Entrepreneurs

Faculty

Researchers

Labs and Centers

External Angels, VCs, Mentors, Service Providers

Companies