Office of Admin and Finance Image

Economic Development and Technology Commercialization

Phone: 301.445.2783
Fax: 301.445.2761

The Office primarily supports the BOR Committee on Economic Development and Technology Commercialization in the analysis and development of policies and strategies to promote technology transfer and entrepreneurship across the USM, working with the USM institutions, the State of Maryland, the investment community, alumni, and other external stakeholders. In addition, the Office tracks the formation of new companies facilitated by the USM institutions as well as manages the process for submitting consolidated AUTM survey data for the USM.

The Committee on Economic Development and Technology Commercialization determines how the USM can best utilize its resources to promote Maryland's economic development. The committee promotes strategies and policies to better link the University System with business, government, and communities to encourage knowledge-based, technology-led, economic development across Maryland. The current strategic focus areas of the BOR Committee include:

  • Strengthening the USM entrepreneurial ecosystem
  • Aligning resources with market demand
  • Leveraging USM resources through collaborations
  • Engaging the investment community and enhancing access to capital for USM-affiliated start-ups
  • Promoting workforce development
  • Enhancing partnerships with state and federal programs

Staff

Suresh Balakrishnan
Asst. Vice Chancellor
301.445.2783
suresh@usmd.edu

Leigh Ann Hess
Board Support
lhess@usmd.edu
301.445.2771

Resources

Economic Development and Technology Commercialization Resources
Economic Development and Technology Commercialization Monograph
UMVentures
New Company Formation -- Cumulative Data for all USM Institutions