Interview with Jim Poulos of the Maryland Technology Development Corporation

Jim PoulosListen to Jim Poulos’ response to the following questions:

  • Can you describe the structure of the Maryland Technology Transfer Fund program, including information on how many companies are funded each year?
  • Once a company receives funding from the program, how is the payback mechanism structured?
  • What are the two main metrics used to gauge the success of the Maryland Technology Transfer Fund program?
  • Is there a critical component of the program, if excluded when attempted to be replicated in another state or region, would limit its effectiveness?

 

About Maryland Technology Development Corporation

mtdclogoA program of the Maryland Technology Development Corporation (TEDCO), the Maryland Technology Transfer Fund supports product development in early-stage companies by providing funds to defray the cost of R&D activities and push company technology to the threshold of commercialization making the company attractive for follow-on funding. Since 2002, 126 companies that have been supported through the Maryland Technology Transfer Fund have completed their projects. With an investment of $7.5 million by TEDCO these companies have gone on to receive downstream funding nearing $276 million. This is a leverage of the state’s investment of $37 to $1.

Download the transcript…

Comments are closed.