{"status":200,"message":"Success","data":{"id":"4e016135-2a82-53aa-b9dc-c3e493fd8e5f","title":"Maryland Innovation Initiative (MII)","description":"The Maryland Innovation Initiative (MII) is a collaboration between the State of Maryland and five Maryland academic research institutions — Johns Hopkins University, Morgan State University, University of Maryland Baltimore (UMB), University of Maryland Baltimore County (UMBC), and University of Maryland College Park (UMCP), administered through Maryland's Technology Development Corporation (TEDCO). The program promotes commercialization of university research by funding technology validation, market assessment, and the creation of startup companies in Maryland. MII operates in two funding tracks: (1) Technology Validation & Market Assessment — up to $130,000 for a sole/JHU-only applicant or up to $180,000 for a joint application from two qualifying universities; 9-month project period; supports faculty inventors with patent filings not yet licensed. $12,500 of the award may be used to pay down patent expenses and $15,000 is allocated for commercialization strategy support (a robust commercialization report is a required deliverable). (2) Company Formation — up to $300,000 over up to 9 months for Maryland-based startup companies that have licensed qualifying university technology within the past 12 months; structured as a convertible debt note (8% annual interest, 5-year term) or a revenue-based reimbursable grant (3% quarterly revenue for 10 years). Total potential funding across both tracks is up to $430,000 for sole applicants. Applications are accepted on a quarterly basis (January 15, April 15, July 15, October 15). All applicants must engage with a TEDCO Site Miner prior to application.","status":{"value":"closed","description":"Closed Oct 15, 2026"},"source":"https://www.tedcomd.com/funding/maryland-innovation-initiative","funding":{"details":"Two funding tracks: (1) Technology Validation & Market Assessment — up to $130,000 for sole/JHU-only applicants, or up to $180,000 for joint applications with two qualifying universities (UMBC, UMB, Morgan State, and/or UMCP); 9-month project period. $12,500 of the award may be used to pay down patent expenses; $15,000 is allocated for commercialization strategy support; a robust commercialization report is a required deliverable. Patent expenses capped at $12,500; indirect costs not allowed except patent expenses. (2) Company Formation — up to $300,000 over up to 9 months; structured as a convertible debt note (8% annual interest, 5-year term) OR a revenue-based reimbursable grant (3% quarterly revenue for 10 years or 2× disbursed amount, whichever comes first). Indirect costs up to 20% allowed for Company Formation (up to $60,000 for startups; up to $30,000 for patent/licensing). Company Formation disbursement is performance-based: 25% on agreement execution, 50% on mid-term milestone completion, 25% on final report approval. Total potential funding up to $430,000 across both phases for sole applicants. Companies must remain in Maryland or reimburse TEDCO the full amount plus interest from licensing revenue. Applications accepted quarterly (Jan 15, Apr 15, Jul 15, Oct 15).","maxAwardAmount":{"amount":"130000.00","currency":"USD"}},"keyDates":{"closeDate":{"name":"Application deadline","eventType":"singleDate","date":"2026-10-15","details":"Quarterly: January 15, April 15, July 15, October 15 (or first business day thereafter) by 5:00pm"}},"acceptedApplicantTypes":[{"value":"custom","customValue":"higher education institution"},{"value":"custom","customValue":"for-profit"}],"customFields":{"agency":{"name":"agency","fieldType":"object","value":{"name":"Maryland Technology Development Corporation (TEDCO)"},"schema":"https://commongrants.org/custom-fields/agency"},"contactInfo":{"name":"contactInfo","fieldType":"object","value":{"name":"Abi Kulshreshtha, PhD","email":"MII@tedcomd.com","phone":"410.740.9442"},"schema":"https://commongrants.org/custom-fields/contactInfo"},"additionalInfo":{"name":"additionalInfo","fieldType":"object","value":{"url":"https://compass.maryland.gov/incentives/#/incentive/maryland-innovation-initiative-mii","description":"Maryland Community Compass record"},"schema":"https://commongrants.org/custom-fields/additionalInfo"},"eligibilityCriteria":{"name":"eligibilityCriteria","fieldType":"object","value":{"beneficiaryTypes":[{"code":"higher_education_institution","name":"higher education institution"},{"code":"for_profit","name":"for-profit"}],"details":"Full-time faculty members and faculty inventors at qualifying Maryland universities (for Technology Validation & Market Assessment grants) and Maryland-based startup companies that have licensed technology from a qualifying university within the past 12 months (for Company Formation investments). Qualifying universities: Johns Hopkins University, Morgan State University, University of Maryland Baltimore, University of Maryland Baltimore County, and University of Maryland College Park.\n\nApplicants must be affiliated with one of five qualifying Maryland universities: Johns Hopkins University, Morgan State University, University of Maryland Baltimore (UMB), University of Maryland Baltimore County (UMBC), or University of Maryland College Park (UMCP). Company Formation applicants must be Maryland-based startups with principal place of business in Maryland (≥50% FTE in MD, nerve center in MD, facility lease/ownership in MD). Funded companies must remain in Maryland; if technology is licensed out of state, the licensing institution must repay TEDCO the full award amount plus interest from licensing revenue."},"schema":"https://md.api.cg.a6lab.ai/docs"},"attachments":{"name":"attachments","fieldType":"array","value":[{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2026-04/MII%20Sample%20Letter%20of%20Support%20Site%20Miner%202026-04.pdf","name":"MII Sample Letter of Support Site Miner 2026-04.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2026-04/MII%20Final%20Report%20Guidelines%202026.pdf","name":"MII Final Report Guidelines 2026.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2025-02/MII%20Review%20Rubric_v2_Jan2025.pdf","name":"MII Review Rubric_v2_Jan2025.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2018-07/Conv-Note-Purchase-Agreement-02-28-17.pdf","name":"Conv-Note-Purchase-Agreement-02-28-17.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2025-01/MII%20Reviewer%20Solicitation_FY2025_v1.pdf","name":"MII Reviewer Solicitation_FY2025_v1.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2018-07/MII_SiteMiner_Letter.pdf","name":"MII_SiteMiner_Letter.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2018-07/MII-Final-Report_Guidelines_website_v2-1.pdf","name":"MII-Final-Report_Guidelines_website_v2-1.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2025-01/MII%20Technology%20Assessment-RFA_FY2025_v2.pdf","name":"MII Technology Assessment-RFA_FY2025_v2.pdf"},{"downloadUrl":"https://www.tedcomd.com/sites/default/files/2026-01/MII%20Company%20Formation-RFA_FY2026_v4.pdf","name":"MII Company Formation-RFA_FY2026_v4.pdf"}],"schema":"https://md.api.cg.a6lab.ai/docs"},"fundingSource":{"name":"fundingSource","fieldType":"string","value":"Public","schema":"https://md.api.cg.a6lab.ai/docs"},"fundingInstrument":{"name":"fundingInstrument","fieldType":"string","value":"grant; loan; equity-investment; other-technical-assistance","schema":"https://md.api.cg.a6lab.ai/docs"},"lastSyncedAt":{"name":"lastSyncedAt","fieldType":"string","value":"2026-10-17T08:01:02.437Z","schema":"https://md.api.cg.a6lab.ai/docs"},"mdCompassId":{"name":"mdCompassId","fieldType":"number","value":1752,"schema":"https://md.api.cg.a6lab.ai/docs"},"mdSlug":{"name":"mdSlug","fieldType":"string","value":"maryland-innovation-initiative-mii","schema":"https://md.api.cg.a6lab.ai/docs"},"mdDataQuality":{"name":"mdDataQuality","fieldType":"string","value":"medium","schema":"https://md.api.cg.a6lab.ai/docs"},"mdGeographicScope":{"name":"mdGeographicScope","fieldType":"string","value":"statewide","schema":"https://md.api.cg.a6lab.ai/docs"},"mdAcceptingApplications":{"name":"mdAcceptingApplications","fieldType":"boolean","value":true,"schema":"https://md.api.cg.a6lab.ai/docs"},"mdRecurring":{"name":"mdRecurring","fieldType":"boolean","value":true,"schema":"https://md.api.cg.a6lab.ai/docs"},"mdAssistanceTypes":{"name":"mdAssistanceTypes","fieldType":"array","value":["grant","loan","equity-investment","other-technical-assistance"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdEligibleIndustries":{"name":"mdEligibleIndustries","fieldType":"array","value":["Any"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdEligibleCounties":{"name":"mdEligibleCounties","fieldType":"array","value":["All"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdEligibleOrganizationTypes":{"name":"mdEligibleOrganizationTypes","fieldType":"array","value":["higher education institution","for-profit"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdBusinessStage":{"name":"mdBusinessStage","fieldType":"string","value":"startup","schema":"https://md.api.cg.a6lab.ai/docs"},"mdApplicationDeadlineRaw":{"name":"mdApplicationDeadlineRaw","fieldType":"string","value":"Quarterly: January 15, April 15, July 15, October 15 (or first business day thereafter) by 5:00pm","schema":"https://md.api.cg.a6lab.ai/docs"},"mdApplicationProcess":{"name":"mdApplicationProcess","fieldType":"string","value":"1. Register for a TEDCO ID at the registration portal. 2. Engage with a Site Miner at least 30 days before the application deadline (Johns Hopkins applicants may contact Christina DeMur at JHTV for guidance; JHU applicants should engage at least two weeks before the deadline). Site Miner must review the application for a minimum of one month in advance of submission. 3. Obtain a signed Site Miner Letter of Support (and JHTV letter for Technology Validation track at JHU). 4. Submit a complete application by 5:00pm on the 15th of the applicable quarterly submission month (January, April, July, or October) via the appropriate MII application portal (Technology Assessment and Company Formation are submitted through separate online portals). Applications are reviewed quarterly by a TEDCO review committee. General inquiries may be directed to MII@tedcomd.com or by phone at 410.740.9442.","schema":"https://md.api.cg.a6lab.ai/docs"},"mdProgramAudience":{"name":"mdProgramAudience","fieldType":"string","value":"Full-time faculty members and faculty inventors at qualifying Maryland universities (for Technology Validation & Market Assessment grants) and Maryland-based startup companies that have licensed technology from a qualifying university within the past 12 months (for Company Formation investments). Qualifying universities: Johns Hopkins University, Morgan State University, University of Maryland Baltimore, University of Maryland Baltimore County, and University of Maryland College Park.","schema":"https://md.api.cg.a6lab.ai/docs"},"mdUseOfFunds":{"name":"mdUseOfFunds","fieldType":"string","value":"Technology validation, market assessment, commercialization strategy, patent expense paydown (capped at $12,500 for Technology Assessment track), and startup company formation and commercial launch activities related to commercializing university-developed technologies. Allowable costs include personnel (salaries, fringe), equipment, materials and supplies, other direct costs (machining, subcontracts, patent expenses, tuition), and commercialization plan development (FDA/business consulting up to applicable limits, company formation up to $4,500, I-Corps up to $5,000). Domestic travel allowed if justified; international travel is not allowable. Indirect costs up to 20% allowed for Company Formation track only (up to 50% of indirect may go to patent/licensing).","schema":"https://md.api.cg.a6lab.ai/docs"},"mdGeographicEligibility":{"name":"mdGeographicEligibility","fieldType":"string","value":"Applicants must be affiliated with one of five qualifying Maryland universities: Johns Hopkins University, Morgan State University, University of Maryland Baltimore (UMB), University of Maryland Baltimore County (UMBC), or University of Maryland College Park (UMCP). Company Formation applicants must be Maryland-based startups with principal place of business in Maryland (≥50% FTE in MD, nerve center in MD, facility lease/ownership in MD). Funded companies must remain in Maryland; if technology is licensed out of state, the licensing institution must repay TEDCO the full award amount plus interest from licensing revenue.","schema":"https://md.api.cg.a6lab.ai/docs"},"mdRequirements":{"name":"mdRequirements","fieldType":"array","value":["Technology Assessment applicants must be full-time faculty at a qualifying university with a patent filing not yet licensed","Company Formation applicants must be Maryland-based startup companies that have licensed technology from a qualifying university within 12 months of applying","Company Formation applicants must have pre-seed dilutive funding of less than $1M","Technology must be owned by or disclosed to a qualifying university's technology transfer office with appropriate intellectual property protection","All applicants must engage with a Site Miner at least 30 days before the application deadline (JHU applicants should engage at least two weeks before the deadline)","Application must include a current, dated letter of approval signed by the Site Miner","Site Miner must review the application for a minimum of one month in advance of submission","Letters of Support required from both the Site Miner and the university technology transfer office (Technology Validation track)","All applicants must obtain a one-time TEDCO ID before accessing the application portal","Joint applications (two qualifying universities) are eligible for up to $180,000 for Technology Assessment","Company must remain in Maryland or reimburse TEDCO the full amount plus interest from licensing revenue","Budget must be categorized into 6 line-item categories (personnel, fringe, equipment, materials, other direct, commercialization)","Patent expenses capped at $12,500 for Technology Assessment track","No indirect/F&A charges except patent expenses for Technology Assessment; indirect costs up to 20% allowed for Company Formation","$15,000 of Technology Validation award is allocated for commercialization strategy support; a robust commercialization report is a required deliverable","Commercialization plan must include a clear market assessment and marketing strategy, regulatory/reimbursement strategy (if applicable), intellectual property (filings and review of prior art), team biographical information, a viable revenue model, and a strategy for financing the plan","Commercialization plan must include executive summary (2 pages) plus business plan plus pitch deck (10–15 slides)","24-month milestone-driven plan required","Final report due within 30 days after award term end and before any other TEDCO funding application","Mid-term presentation with commercialization plan slides required (1 week advance notice) for Company Formation track","Final Report maximum 5 pages covering activities overview, milestone results, commercialization impact, and project expenditures (within 10% variance)","Company Formation track requires 10-year post-award Economic Impact Reporting (quarterly revenue reports)","Good standing certificate from MD Department of Assessments & Taxation (no more than 30 days old) required for Company Formation","Tax compliance certification required","Certificate of Incorporation/Organization, Bylaws/Operating Agreement, and board resolutions authorizing TEDCO investment required for Company Formation","Company Formation applicants must have principal place of business in Maryland (≥50% FTE in MD, nerve center in MD, facility lease/ownership in MD)","$12,500 of Technology Validation award can be used to pay down JHU patent expenses","Commercialization must occur through collaboration among university schools, departments, or institutions and other Maryland research organizations","Final report must include an overview of all activities undertaken during the course of the funded project","Final report must include a description of the results of the project and the success in achieving the milestones","Final report must include the impact of the technical milestone results on commercialization","Final report must include an accounting of all project expenditures incurred (within 10% of approved budget)","Company Formation final report must include the number of employees (name and title) and a summary of annual revenues","Company Formation final report must include an indication of any follow-on funding related to commercialization being pursued"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdSourceUrls":{"name":"mdSourceUrls","fieldType":"array","value":["https://www.tedcomd.com/department/maryland-innovation-initiative","https://ventures.jhu.edu/funding/translational-funding/maryland-innovation-initiative-mii-funding"],"schema":"https://md.api.cg.a6lab.ai/docs"},"mdSourceCount":{"name":"mdSourceCount","fieldType":"number","value":2,"schema":"https://md.api.cg.a6lab.ai/docs"},"stateCode":{"name":"stateCode","fieldType":"string","value":"MD","description":"USPS code of the state whose agency offers this funding","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyKey":{"name":"agencyKey","fieldType":"string","value":"tedco","description":"Portal key of the administering agency","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyAbbrev":{"name":"agencyAbbrev","fieldType":"string","value":"TEDCO","description":"Administering agency abbreviation","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"upstreamSource":{"name":"upstreamSource","fieldType":"string","value":"maryland","description":"Upstream CommonGrants API this record is read from (src/data/state-portals/upstreams.json)","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"bindingMode":{"name":"bindingMode","fieldType":"string","value":"upstream","description":"Read from an upstream CommonGrants API; 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