Technology Partnerships with Federal Laboratories in Maryland

1. Technology Partnerships with Federal Laboratories in Maryland Steven L. Fritz, Ph. D. Director, Technology Transfer

2. TEDCO’s mission • To foster the development of a technology economy that will create and sustain businesses throughout all regions in the State of Maryland. • Created by the State legislature in 1998, as a public instrumentality of the State.

3. TEDCO Outreach Initiatives • Upcoming Federal Laboratory Showcases • National Security Agency, November 12 • 2004 Showcases (tentative) • Army Research Laboratory (February) • Aberdeen Proving Grounds (May) • Goddard Space Flight Center (July)

4. Memoranda of Understanding • TEDCO has entered into MoUs or other agreements with nine Fed Labs and is in discussion with two more • APG, APL, BARC, NAWC Pax River, NSWC Indian Head, NSWC Carderock, National Naval Medical Center, NSA • NIST, NIMA

5. Tech Transfer Partnering • TEDCO and Fed Lab partners work jointly on outreach, finding company partners, funding CRADAs, VC referrals etc. • Sphere Software Demo 9/11/2003 • Multi-language search and analysis • Al-Jazeera web site • TEDCO has security clearance for classified projects

6. TEDCO Seed Funding Initiatives • Funding for technology collaborations between companies and universities or federal laboratories • Objective of all initiatives is to enable a company in the earliest stages of a technology partnering project to raise additional funding for the project

7. Basic Research $ $ $ $ $ Public Laboratory Company Product/ Service Development Project Proof of Concept Feasibility Testing Product Development Maryland Technology Transfer Fund Maryland Industrial Partnerships (MIPS) DBED Challenge University Technology Development Fund Federal Laboratory Partnership Program Toucan Capital New Markets Venture Fund DBED Enterprise Fund SBIR ATP Public Funding Project Capital Funds

8. Technology Transfer Program • Federal Lab Partnership Program • Enables companies to reduce the cost of a CRADA with a federal lab in Maryland • Should be first collaboration between lab and company • Provides funds from 50% to 90% of the cost of a project with a maximum of $20,000.

9. Technology Transfer Program • Maryland Technology Transfer Fund • Funds Maryland companies developing technology-based products and/or services in collaboration with the Universities and/or Federal Laboratories in Maryland. • Maximum award amount is $50,000. A second award may be received. • Reimbursable award

10. FLPP/MTTF Awards • 12 - $20K FLPP awards since May 2001 • NASA Langley, Beltsville Ag Research Center, JHU Applied Physics Laboratory, NSWC Carderock, APL, APG • 15 - $50K MTTF awards since March 2002 • NSWC-IH, NAWC-Pax, NSA, NCI, APL, NNMC, APG, NRL

11. MD Department of Business and Economic Development Programs • Challenge Fund • Provides investments of up to $50,000 for seed-stage companies to cover a portion of the initial costs associated with bringing new products to market. Follow-on awards may be obtained. • Enterprise Investment Fund • Makes direct equity investments in emerging companies to enable them to move into their next stage of development. The amount of investment ranges from $150,000 to $500,000.  • Thomas Bodnar, Director, Investment Financing Group, 1-877-821-0099

12. Small Business Innovation Research (SBIR) Grants • Large federal funding agencies participate • Opportunity to propose innovative ideas that meet the specific research and research and development needs of the Federal Government • Three phase program • Feasibility demonstration • Development of phase I results • Commercialization with non-federal funds

13. Advanced Technology Program • National Institute of Standards & Technology • Bridges the gap between research lab and market place, stimulating prosperity through innovation. • Through partnerships with the private sector, ATP’s early stage investment is accelerating the development of innovative technologies that promise significant commercial payoffs and widespread benefits for the nation. • (1-800-ATP-FUND), atp@nist.gov • www.atp.nist.gov

14. TEDCO Ventures: Toucan Capital • Toucan Fund II is a $120 million fund that began making investments in summer 2001 • Toucan Capital specializes in very early stage investment opportunities. • The fund managers are particularly interested in working with inventors, researchers, scientists and first-time entrepreneurs at the beginning of their efforts to commercialize an invention or technology.

15. TEDCO VenturesNew Markets Growth Fund • Dingman Center • $20 Million private equity fund • Invests $100,000 - $1Million, may play a lead role • Seed and early stage technology companies • Later stage growth companies • Located or willing to locate to designated low-income geographic areas- Greater Baltimore-Washington and Northern Virginia area • Contact: Mark Grovic 301-405-9499

16. For further information contact: Steven L. Fritz, Ph.D. Director, Technology Transfer sfritz@marylandtedco.org 410-715-4166 Maryland TEDCO 5575 Sterrett Place, Suite 240 Columbia, MD 21044 www.marylandtedco.org