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© 2011 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting People, Technology and Ideas in Cyber Security Ellen Hemmerly.

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Presentation on theme: "© 2011 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting People, Technology and Ideas in Cyber Security Ellen Hemmerly."— Presentation transcript:

1 © 2011 bwtech@UMBC 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting People, Technology and Ideas in Cyber Security Ellen Hemmerly Executive Director bwtech@UMBC Research and Technology Park October 25, 2011

2 © 2011 bwtech@UMBC 1989 – Incubator began in 8K gross square feet of trailers on the UMBC campus 2011 – Comprises 515K square feet, with 80 tenants 1150 direct jobs 2,000+ spin-off jobs statewide $100M+ in income generation $200M+ in business sales Three Incubators, Accelerator, Research Park ACTiVATE® (2005) and INNOVATE™ (2010) bwtech@UMBC History

3 © 2011 bwtech@UMBC bwtech@UMBC North

4 © 2011 bwtech@UMBC bwtech@UMBC South UMBC Train i ng Centers Clean Energy Technology Center UMBC Technology Center

5 © 2011 bwtech@UMBC All Stages of Company Development 3 Incubators Newly formed/early stage; higher risk; minimal space; short-term leases Accelerator Emerging businesses; expanded staff; grants & individual investors; moderate space; 2-3 year leases Research Park Well-established organizations; full range of staff; sales revenue as primary funding source; larger space; standard rates/leases

6 © 2011 bwtech@UMBC Services Available to Cyber Incubator Tenants Entrepreneurs in Residence – Rick Geritz, Vic Hess, Nick Lantuh Advisory Boards of Cyber Executives Free and Discounted Legal and Financial Services Networking and Business Development Assistance Introduction to Funding Sources Access to University Researchers, Students, Facilities Economic Development Incentives

7 Cyber Incubator@bwtech Supports early stage companies providing technology-related products and services to the DoD and intelligence communities Furnished, class-A shared suite amenities and advisory services Partnership with Northrop Grumman – Cync Program Co-located with NSA, Telcordia, TechGuard Security, RTGX Cyber Map, Cyber Hive – business development and attraction Over 20 cyber security companies located at bwtech@UMBC © 2011 bwtech@UMBC

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9 New federal and state initiatives, CyberMaryland Increased federal/private sector spending on IT/cyber Need for new technologies/innovation Critical shortage of cleared/skilled workforce Set asides for small/disadvantaged businesses BRAC, DISA, Cyber Command, CECOM © 2011 bwtech@UMBC A Unique Opportunity

10 Proximity to federal labs, NSA, Ft. Meade Experience/programs assisting entrepreneurs Robust connectivity infrastructure, existing SCIF DOD/Intelligence agencies co- located in 5520 ¾ of current clients are “SDB”, HUBzone location © 2011 bwtech@UMBC Why bwtech@UMBC? NSA/DHS designation as a “Center of Academic Excellence” National leader in STEM graduates UMBC Training Centers UMBC CISA, MC2, MIPAR 5 minutes from BWI Thurgood Marshall Airport

11 Sources of IP – UMBC (5), Other Universities (6), Federal Agencies (6) Experienced Entrepreneurs Training Entrepreneurs – ACTiVATE, Innovate Funding – angel investors, venture capital, TEDCO, grants, contracts © 2011 bwtech@UMBC Role in Tech Commercialization

12 Internship and employment opportunities for UMBC students Faculty consulting Research collaborations Use of UMBC equipment and facilities Significant economic and fiscal impacts © 2011 bwtech@UMBC Benefits to UMBC, Region, and State

13 © 2011 bwtech@UMBC Contact Information Ellen Hemmerly Executive Director/President UMBC Research Park Corporation 410-455-8400 hemmerly@umbc.edu www.bwtechumbc.com www.cyberhive.org www.cybermarylandmap.com


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