The seven programs, formed between two University of Maryland institutions, UMB and UMCP, include a commercialisation vehicle for high-potential spinouts.
University of Maryland, Baltimore (UMB) and University of Maryland, College Park (UMCP) formed a US-based commercialisation vehicle called Centre for Maryland Advanced Ventures (CMav) on Friday to build out high-potential discoveries.
University entrepreneurs will be offered grants to develop their spinouts and access resources such as staffing, facilities and equipment. The program will be based at UMB under executive director James Hughes, who is director of the two universities’ tech transfer office UM Ventures.
UMB and UMCP also founded the…
