University of Maryland Technology Tech Product Development Program with $24.6 Billion Impact to Celebrate 25 Years

University of Maryland Technology Tech Product Development Program with $24.6
                     Billion Impact to Celebrate 25 Years

PR Newswire

Nov. 6

WHAT:UMD's Maryland Industrial Partnerships (MIPS) Program celebrates 25
years of economic impact in Maryland at an awards gala featuring recognizing
many of the companies and faculty who have participated in the program since
1987.

MIPS funds research projects to develop commercially promising tech products.
Projects team Maryland companies with University System of Maryland faculty.
Companies co-fund each project. More than 1,000 projects have been funded
since 1987, drawing in more than $120 million in outside research funding,
in-kind research and equipment contributions into the university system.

MIPS-supported technologies have generated $24.6 billion in sales and enabled
companies to pull in $884.2 million in additional grant, debt, equity, and
venture capital funding into Maryland.

WHO:MIPS funding winners will be recognized in the following categories,
among others:

  oLargest-Selling Product
  oCompanies with Sales in Excess of $1 Billion
  oFastest to Market
  oCompanies with Impact in: Energy, the Environment, Health, Manufacturing,
    Mobile Health
  oTop MIPS Faculty Members from 11 Universities
  oStudent Impact

The Lockheed Martin Networking and Innovation Showcase will also display
companies and technologies, on-site and in-person, developed through MIPS.

WHEN:Wednesday, November 7, 2012, 5-9 p.m.

WHERE:Riggs Alumni Center, University of Maryland, College Park
Directions: http://www.riggs.umd.edu/map.html.

CONTACT: Eric Schurr, +1-301-405-3889, schurr@umd.edu

/PRNewswire-USNewswire -- Nov. 6, 2012/

SOURCE University of Maryland
 
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