Washington, D.C. and Baltimore were both recently named among the top 10 best cities to launch a business (No. 6 and No. 10, respectively) by Fortune Small Business magazine and the Kauffman Foundation. With the Baltimore-Washington region so ripe for startups, it’s no wonder the state of Maryland is supporting technology transfer initiatives to get commercialize research innovations discovered at universities and federal laboratories.
In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Asher Epstein, managing director of the Dingman Center for Entrepreneurship, explains technology transfer and how it could help grow Maryland’s economy.
Epstein heads the Dingman Center for Entrepreneurship, which has partnered with the Clark School of Engineering Mtech Program and the Office of Technology Commercialization to create the innovative Tech Transfer program. The program’s key differentiator is a quarterly review process by technical experts, venture capitalists, entrepreneurs, key members of the Mtech and OTC operations, and the Dingman Center’s managing director and Entrepreneurs-in-Residence. This important program gives Smith School MBA students the opportunity to assist with technology commercialization from its earliest stage, providing for a rich learning experience in understanding and assessing business fundamentals. Additionally, this program is well-positioned to support the University of Maryland’s strategic plan to increase the numbers of ventures created within the university community. Some exciting recent technologies explored include wirelessly chargeable batteries and software to create visual noise tracking.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.