1. TEDCO Programs for Technology Transfer and Economic Development

2. TEDCO’s Technology Transfer Mission Build the technology-based economy in Maryland Outreach Project development Assist companies and laboratories to achieve their mutual objectives

3. Technology Transfer Projects Focused collaboration technology development public lab and a private company TEDCO program initiatives defray a portion of the development costs Allow company and its technology to mature and find continuation funding

4. ProjectCapitalFunds $ $ $ BasicResearch Proof of Concept Feasibility Testing ProductDesign Product/ServiceDevelopmentProject Public Laboratory Company PublicFunding Angel Investors Venture CapitalSBIR $ Funding Opportunities Outside Maryland

5. ProjectCapitalFunds $ University Technology Development Fund $ Maryland Technology Transfer Fund ATTI /NTCI/ FDTTI ATTI /NTCI/ FDTTI Maryland Industrial Partnerships DBED ChallengeSBIR $ $ $ BasicResearch Proof of Concept Feasibility Testing ProductDesign Product/ServiceDevelopmentProject Public Laboratory Company PublicFunding WCLF Angels Venture Capital DBED EnterpriseMDBio TechStart $ Techbridge

6. ProjectCapitalFunds $ $50K $ $75K + $75K $50K $50K $90K + $90K $150K SBIR $ $ $ BasicResearch Proof of Concept Feasibility Testing ProductDesign Product/ServiceDevelopmentProject Public Laboratory Company PublicFunding $50K Angels Venture Capital $500K$200K $15K $ Techbridge

7. ProjectCapitalFunds $ $50K $ $75K + $75K $50K $50K $90K + $90K $150K SBIR $ $ $ BasicResearch Proof of Concept Feasibility Testing ProductDesign Product/ServiceDevelopmentProject Public Laboratory Company PublicFunding $50K Angels Venture Capital $500K$200K $15K $ Techbridge Bottom Line: over $1M of funding available for start-ups

8. MTTF Success Criteria Achieving technical/budget/schedule milestones Finding continuation funding 78 companies with completed MTTF projects (8/24/07) $4,578,380 in TEDCO support $162,824,981 in continuation funding >35.5:1 leverage Funds were raised from Angel, VC, SBIR, ATP, State, Debt Capital, Fed Contracts, Strategic Partners, etc.

9. Benefits of TEDCO Funding Access to business and technical assistance Access to Venture Capital, angels, and strategic partners (e.g. Johnson & Johnson) Publicity through TEDCO press releases Recognition and reputation of state programs Workshops for TEDCO funded companies only Meet one on one with experts Network with other companies

10. Entrepreneurial Assistance Achieving The Commercialization of Technology in Ventures Through Applied Training for Entrepreneurs (ACTiVATE) The Maryland Minority R&D Initiative (MMRDI) The Maryland Rural Business Innovation Initiative (RBI) The New Markets Growth Fund (NMGF)

11. For further information contact Ronald Kaese 5565 Sterrett Place, Suite 214 Columbia, MD 21044 www.marylandtedco.org rkaese@marylandtedco.org (410)715-4170