Maryland Industrial Partnerships (MIPS) of Mtech Wins MEDA 50th Anniversary Economic Impact Program Award

The Maryland Industrial Partnerships (MIPS) program, a technology and biotechnology grant program that supports Maryland companies teaming with faculty members in any institution in the University System of Maryland to develop products or services, was selected for a Maryland Economic Development Association (MEDA) 50^th Anniversary Economic Impact Program Award. MIPS is an initiative of the Maryland Technology Enterprise Institute (Mtech) at the University of Maryland.

MIPS has benefitted more than 450 companies in Maryland since its founding in 1987.

“MIPS has certainly proven its value as an enlightened partnership of academic expertise and business creativity,” said University of Maryland President Wallace D. Loh. “Pairing our top experts in a field with private industry at a critical moment in the innovation life cycle just makes good sense, as MIPS’ record demonstrates. We’re very honored to receive this recognition from Maryland’s development professionals.”