2011 HIGHLIGHTS
27
total companies in the Technology Advancement Program, VentureAccelerator, and TERP Startup Laboratory in 2011
$627,000
awarded to UMD startups through the University of Maryland $75K Business Plan Competition since 2001
Sold for $30 million
TAP incubator graduate Pixelligent, which makes nanocrystal additives used in electronics and semiconductors, moved into an 11,000 square-foot manufacturing facility and closed a $5.1 million round of funding. Mtech was named the principal lead for the $100K ACC Clean Energy Challenge, a new business plan competition encouraging students from universities throughout the southeastern United States to develop business plans for new clean energy companies. TAP incubator company Zymetis Inc., which develops products for the renewable chemicals and advanced fuels industries, was acquired by AE Biofuels Inc., a Cupertino, Calif.-based global advanced biofuels company. TAP incubator company CosmosID™ was named Best Life Sciences Company in the 2011 Maryland Incubator Company of the Year Awards.
Three inaugural, talented students entered the new Citrin Fellows Program, which supports graduate students pursuing research related to sustainability while also building companies around their technologies.
Hybrid-electric drive technology licensed to Toyota, Ford A. James Clark School of Engineering, University of Maryland
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