Matching R&D Funding

Maryland Industrial Partnerships (MIPS)

Per phase, MIPS contributes up to...

$100K

Small, medium
& large firms

$90K

Start-ups

Caps apply to the MIPS share only — no cap on overall project size.

Next proposal deadline

October 15, 2026

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Genovation

What MIPS is

Since 1987

Grants for technology product development

The Maryland Industrial Partnerships (MIPS) program pairs the inventive minds of Maryland's public universities (faculty, and the graduate students who research alongside them) with companies building new products. Companies bring the product problem. Researchers bring the science. MIPS and companies co-fund the projects.

The partnership runs in both directions. Companies look to Maryland's public universities for help solving critical product-development problems; universities gain funded, market-driven projects in which faculty and their graduate students move research toward the market. MIPS provides the funding for the university side, matched by the participating company.

Run by the Idea Factory and administered at College Park, MIPS works across all 12 University System of Maryland institutions, plus Morgan State University and St. Mary's College of Maryland. The U.S. Small Business Administration recognizes MIPS as a model program for best practices in transferring technology.

Medcura researchers in a lab developing a hemostatic device
Medcura

Key facts

Award
Award

MIPS contributes up to $100,000 per phase ($90,000 for start-ups); no cap on overall project size

The model
The model

Academic-industrial partnerships: proposals filed jointly by the company and the faculty member, with matching funds

Researchers
Researchers

Faculty at all 12 USM institutions, plus Morgan State & St. Mary's

Decisions
Decisions

Award decisions within 60 days of the proposal deadline

Who wins

Companies win

Faculty expertise, and the graduate students who research alongside them

Matching funds that stretch a limited R&D budget

First option to negotiate a commercial license on project results

Researchers win

Funded, market-driven projects that move research toward the market

Industry partners with real product-development problems

Support for the graduate students who work on funded projects

Maryland wins

14,000 jobs and $54.2B in product sales generated

Annual state tax revenue that exceeds the program's lifetime cost

Four decades of company growth across the state

Made with MIPS

MIPS-supported products

New products.

New jobs.

Mack Trucks

Four decades of return.

See the full impact ››
733

Maryland companies

14,000

Direct jobs created

$54.2B

Product sales generated

$166M/yr.

in annual state tax revenue from MIPS-supported companies, against a $60M total program cost over its lifetime. MIPS pays for itself every year.

How it works
Full details on Apply
01

Fill out a Statement of Interest

Two short forms, one for companies and one for faculty; each side has its own way in. Go to the forms →

02

Talk to MIPS staff

Call (301) 405-3891 or email mips@umd.edu to talk through the project with a MIPS staff member.

03

Match with a partner

MIPS staff find companies the right faculty investigator, and find faculty the right company.

04

Apply jointly in MIPStrack

The company and faculty member file one proposal together in the online application system.

Full application details →
Anthrotronix researcher holding an adaptive game controller
Anthrotronix

Where MIPS fits

The full journey ››

Blueprint stage glyph
01 Blueprint
Proving Ground stage glyph
02 Proving Ground
Assembly Line stage glyph
03 Assembly Line
Scale-Up stage glyph
04 Scale-up

MIPS is the Scale-Up stage's anchor program in the Idea Factory ecosystem, where proven companies grow with university research behind them.