Maryland Industrial Partnerships

1. Maryland Industrial Partnerships mission statement Enable technology commercialization by jointly funding innovative, collaborative R&D projects between Maryland companies and University System of Maryland faculty.

2. GOALS • Leverage Maryland Companies’ R&D Funds • Strengthen USM’s Research and Academic Programs • Promote Economic Development in Maryland

3. HOW MIPS WORKS • Company initiates project proposal to meet its own R&D goals • Company may have existing relationship with USM faculty or may contact MIPS staff to match them with a faculty member with the necessary knowledge and expertise • MIPS proposal co-authored by company and USM faculty member(s) • proposal includes a University Budget and a Company Budget for Project • If selected, company and MIPS jointly fund project • Based on its size, company provides a cash match as a percentage of the University Budget and “in-kind” match that is the company’s effort on the project • MIPS also contributes cash as a percentage of the University Budget note: MIPS funds are only applied to work performed by university researchers (MIPS funds do not go to the participating company)

4. Financial support for commercially applicable research Access to world-class R&D facilities and expertise Leveraging assets/ outsourcing R&D Establishing lasting relationships with faculty experts Competitive Selection (probability > 50%) Financial support for commercially applicable research Relevant real world experience for students Papers published Thesis work Internships, job opportunities Establishing lasting relationships with technology companies Possible future sponsored research BENEFITS COMPANY FACULTY

5. ELIGIBILITY FOR MIPS FUNDING • MARYLAND COMPANY 2. UNIVERSITY PARTICIPATION 3. TECHNOLOGY-BASED PROJECTS 4. MATCHING FUNDS

6. MARYLAND COMPANY • manufacturing, service, or R&D operations in the state • or it must establish such operations within the year that the project is awarded • sales offices do not constitute an adequate presence in Maryland

7. University System of Maryland Proposals – 47 Awards - 16 UMBI Proposals – 177 Awards - 94 UMB University of Baltimore Proposals – 153 Awards - 91 Coppin State College UMCES Proposals – 20 Awards - 14 UMBC Frostburg State University UM Proposals – 724 Awards - 438 Proposals – 9 Awards - 5 Salisbury University UMES Proposals – 17 Awards - 8 Proposals – 8 Awards - 4 Towson University UMUC Proposals – 2 Awards - 2 Proposals – 1 Awards - 1 Bowie State University UNIVERSITY PARTICIPATION

8. DISCIPLINES Engineering Computer Sciences Life Sciences Physical Sciences TYPES OF PROJECTS Proof of Concept / Prototype Product Design / Testing Product / Process Manufacturing Regulatory Compliance Training TECHNOLOGY-BASED PROJECTS

9. TECHNOLOGY-BASED PROJECTS Industries • Aerospace / Automotive / Transportation • Electronics / Controls / Instrumentation • Chemical / Energy / Environmental • Information Technologies • Biotech / Medical Equipment • Agriculture / Aquaculture / Food • Communications / Telecommunications • Defense / Homeland Security • Manufacturing / Materials

10. MATCHING FUNDS • MIPS funds are grants, not loans • MIPS contribution based on company size • Up to $70,000 if start-up companies • Up to $100,000 if small, medium, & large companies • Company provides a cash match based on its size • MIPS equity in lieu of cash option

11. COST SHARING COMPANY SIZE - based on number of full-time employees Large Company Medium Company Small Company Start-Up Company* Over 1000 100-1000 Up to 100 Up to 12 • *DEFINITION OF START-UP • Minimum of 1 full-time employee and no • more than 12 • Time in business not to exceed 4 years • Primarily in product development mode • Annual sales less than $1M • No public offering Company Share MIPS Share

12. PROPOSAL • 5 page scientific/technical report • 3 page business/economic development report • Start-up companies must submit an executive summary of their business plan • University and Company Budget Estimates

13. Overall Evaluation & Ranking Technical Review Commercialization Review Rejection Yes Business Review (Start-ups only) No Debriefing EVALUATION PROCESS (60 day turn around from application to award)

14. PROGRAM SUMMARY Thirty-eight Competitive Rounds • 1444 Applications Received • 744 Contracts & Amendments • 513 Individual Projects • 369 Companies • 311 Faculty • 11 Universities

15. Synagis MedImmune (Gaithersburg, MD) • Now the 10th best selling biotech drug in the world (past sales approx $3.2 B) • Used to prevent respiratory syncytial virus (RSV) disease in infants. • MedImmune’s MIPS project “improved [our] knowledge of carbohydrate analysis…and helped in structural testing of Synagis,” -John Hope, MedImmune scientist

16. E-Coli 0157 Detection KitInnovative Biosensors, College Park, MD • A simple and robust kit to detect E. coli O157:H7 contamination in fresh produce and food surfaces in less than 5 minutes. • Rapid, ultra-sensitive test, easy to use, highly specific detection. • Product launched January, 2005.

17. DirectwayHughes Network Systems, Germantown, MD • DIRECWAY is the world's leading broadband by satellite service. • More than 600,000 systems ordered or shipped to customers in 85 countries. • System based on design by Dr. John Baras, Professor of Electrical and Computer Engineering at UM College Park.

18. Bullet Speed Tip Masonry Drill Bit Black & Decker (Towson, MD) • Unique drill bit design • Drills up to two times faster than competitive bits; drills up to six times more holes per battery charge when using a cordless drill • Technology is used in a line of 29 drill bits

19. FAQ’s • What happens to IP created during the course of a MIPS project? 1. If IP solely created by company and unrelated to MIPS project, then the company owns the IP. OR 2. IP solely created by university during the MIPS project 3. IP created jointly by university and company then the university owns the IP and company has first option to an exclusive license; company also has a nonexclusive license to use the IP internally for research purposes Prior to submitting a proposal, MIPS strongly encourages companies to contact the participating university’s Office of Technology Commercialization for further info on terms of IP creation.

20. FAQ’s • Who reviews the proposals? Technical Reviews - conducted by experts in the field from academic institution and federal labs; private companies and potential competitors do not review proposals Commercialization Reviews – conducted by service providers such as bankers, IP attorneys, venture capitalists, investors, economic development staff, etc. • If rejected, can a company reapply? Yes, we debrief companies on their proposals, suggest improvements that can be made, and encourage them to reapply based on their technical and economic reviews.

21. MIPSTrack On-Line SubmissionDue Date October 17, 2006 For Proposers: • Application Form • Project Disciplines & Suggested Reviewers Form • Application Instructions • MIPS Program Description and Guidelines

22. Website • Website: www.mips.umd.edu • Links to other MTECH programs: www.mtech.umd.edu • Proposals: www.mipstrack.umd.edu Request a login/password.

23. MIPS Staff • Martha Connolly, Director marthac@umd.edu; 301-405-3892 • Joseph Naft, Associate Director jnaft@umd.edu; 301-405-3886 • Judith Mays, Projects Manager jmays@umd.edu; 301-405-3890 • Bobby Tzavellas, Program Manager btzav@umd.edu; 301-405-3894 • Jeanne Pekny, Administrator jpekny@umd.edu; 301-405-3891