1. TEDCO as a Federal Lab Partner September 2008 FLC Mid-Atlantic Region Annual Meeting at Rocky Gap, MD

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

3. A Technology Transfer Mission The objective of outreach is to find companies that can collaborate with universities and federal labs to develop technology for commercialization The objective of project development is to create new technology-based business activity in Maryland and expand the entrepreneurial capacity of the region

4. A Technology Transfer Mission To accomplish the Mission a series of specific technology transfer funding projects have evolved MTTF --$75K, reimbursable awards J&J FDTTI -- $50K grants TechStart -- $15K grants Stem Cell $230K + grants Working Capital Loan Fund -- $50K loan RBI– $10K

5. Signature Program -- Maryland Technology Transfer Fund (MTTF) Facilitate the transfer of technology between Maryland Universities or Federal Laboratories and Maryland Companies Project must involve significant collaboration Maximum award amount is $75,000. Reimbursable award Requires a 50% company match

6. MTTF Success Criteria Achieving technical/budget/schedule milestones Finding continuation funding 108 companies with completed MTTF projects (September, 2008); 140 projects funded; 54.4% rate. $ 6,812,112 in TEDCO support $200M in continuation funding >29.4:1 leverage Funds were raised from Angel, VC, SBIR, ATP, State, Debt Capital, Fed Contracts, Strategic Partners, etc.

7. TEDCO Funding -- Johnson & Johnson Joint Investment Program Interests of J&J Transformational medical technology Maximum award is $150,000 MTTF process Reimbursable award, TEDCO Agreement

8. TEDCO Funding -- Fort Detrick Technology Transfer Initiative (FDTTI) Congressional earmark –Maryland Delegation Transformational medical technology Meet Army technology needs (BioMed focus) Maximum award is $50,000 Working with Paul Mele of ORTA, FC OED, Ft. Detrick BDO and FITCI

9. TEDCO Funding -- TechStart Program Increase the number of university/federal lab start-up companies Team - experienced entrepreneur, the inventor, and a technology transfer manager Funding up to $15,000 for commercialization analysis (IP, market, competition, business model…)

10. TEDCO Funding --Working Capital Loan Fund Applications received by the 1 st Due diligence by staff Site visit Review completed within 30 days Applications at www.marylandtedco.orgwww.marylandtedco.org

11. TEDCO Funding -- Maryland Stem Cell Research Fund The Maryland Stem Cell Research Fund was established by the Maryland General Assembly under the Maryland Stem Cell Research Act of 2006 to promote state-funded human stem cell research and medical treatments through grants to public and private entities in the state. There are three types of grants: Investigator-Initiated Grant up to $500K/year for three years Exploratory Grant up to $100K/year for two years Funding up to $55K/yr for post-doctoral fellows who wish to conduct basic and/or translational research on human stem cells in the State of Maryland.

12. TEDCO Funding – RBI Assistance Business assistance (examples) business plan review market and competitive analysis developing a business model or strategy financial analysis grant review Technology assistance intellectual property prototype development manufacturing problem solving green assessments, etc. Amount of assistance per company is $5,000 to $10,000

13. Company benefits of TEDCO Funding Access to business and technical assistance Access to Venture Capital, angels, and strategic partners (e.g. New Markets Growth Fund; 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

14. Laboratory benefits of Partnering with TEDCO cont. An extension of your technology transfer office Technology Showcases Source of trained or experienced Entrepreneurs (ACTiVATE; TEDCO Databases) Source of established licensees Passive technology transfer– InvenioIP www.invenioip.orgwww.invenioip.org External funding Training and networking opportunities Company due diligence with TEDCO funding application

15. USDA-TEDCO PIA EUL Enhanced Use Lease Company Scout TECH Transfer--National Showcase Host Source of Licensees Source of Funding Research Showcase host Source of CRADA partners Source of CRADA funding

16. USDA-TEDCO PIA Tech Transfer CrsipTek USDA Licensee / TEDCO $75K development funding –rice flour Chesapeake Microproducts USDA Licensee / TEDCO $75K development funding – poultry feather waste Imagellian USDA Licensee / TEDCO $75K development funding –probiotics IntelliTech Microsystems, Inc. USDA licensee / TEDCO $75K development funding plant and land management UAV TEDCO Showcases April 2003 and February 2006

17. USDA-TEDCO PIA Research Spiralcat USDA CRADA partner / TEDCO $75K funding RCN USDA CRADA Partner--potential ZGI NASA Space Act Partner (USDA Partner) -potential TEDCO Showcase Oct 30, 2008

18. Fort Detrick -TEDCO MOU TECH Transfer Showcase – July 2005 Fort Detrick Technology Transfer Initiative Eleven projects completed with $50K under FDTTI 1 Fifteen more projects to be completed under FDTTI 2 Source of CRADA partners Source of CRADA funding Connection to HCBUs

19. Fort Detrick -TEDCO MOU Example, results Biaera USAMRMC license, Aerosol management for animal testing, >$2M follow-on funding, from one to three employees, 3 more government patent licenses for next product (CDC buyer) Biofactura – Smallpox Biodefense Therapeutic, ~$4M follow-on funding, in animal studies, IND filing expected 2010, from one to four employees

20. Fort Detrick -TEDCO MOU Example, results Integrated BioTherapeutics – USAMRMC Patent License, Vaccine and therapeutic for Staph, $2M follow-on funding (Immediate DTRA funding ~$500K), from one to eight employees Akonni – Argonne Nat Lab Patent License, bio agent identification system, $5M follow-on funding, new 17K sq ft office/lab building, from one to >30 employees

21. Thank You James A. Poulos, III Vice President Technology Transfer and Commercialization jpoulos@marylandtedco.org 410 715 4166 www.marylandtedco.org