Office of Economic Development



Recent News


Key Technology Transfer Indicators


Growth FY 2012 to FY 2017

35%

Growth FY 2016 to FY 2017

8%

Growth FY 2012 to FY 2017

71%

Growth FY 2016 to FY 2017

-24%

Growth FY 2012 to FY 2017

13%

Growth FY 2016 to FY 2017

-10%

Growth FY 2012 to FY 2017

84%

Growth FY 2016 to FY 2017

15%

Growth FY 2012 to FY 2017

34%

Growth FY 2016 to FY 2017

18%


USM: Your Business Partner

USM also provides a wealth of resources to grow and support business in Maryland. Whether you’re just getting started and need help writing a business plan or you’re in the final phases of bringing your technological breakthrough to market, USM can help. Click on the link below to learn about the resources USM has to offer.

USM's Economic Development Showcase


Learn more about the ways in which USM is helping to fuel Maryland’s economy. You can also contact the USM Office of Economic Development and Technology Commercialization staff (listed below) for additional information.

Tom Sadowski
Vice Chancellor for Economic Development
tsadowski@usmd.edu
410.576.5742

Lindsay D’Ambrosio
Venture Development Director
ldambrosio@usmd.edu
410.576.5730
410.409.2236 (cell)


The University System of Maryland (USM) is launching a new $25 million early-stage investment fund, the Maryland Momentum fund. The fund is focused on filling gaps in the funding continuum to propel USM's most promising and innovative ideas into the marketplace.

Overview and Application Process



USM: Fueling Maryland’s Economic Engine


37,000+

Graduates per year

900,000

Alumni in Maryland

38,000+

Employees

5,950

Jobs at USM research parks

589

New companies formed
(since FY 2011)

1,985

Invention disclosures
(since FY 2012)

321

Technology licenses
(since FY 2012)

$1.28 billion

Research contracts and grant funding
(in FY 2015)