The University of Maryland, Baltimore Life Science Discovery (UM-BILD) Accelerator is now accepting applications for seed investment to support the translation of basic science research projects into commercial products that will advance patient care. Up to $75,000 in one-year funding is available for each accepted project (second-year funding may also be available).
Investigators working on technologies in the therapeutic, medical device, diagnostic, and digital health areas — particularly those that have the potential to address health care disparities or otherwise benefit residents of Baltimore — are encouraged to apply for funding. Experience with entrepreneurship is not required; entrepreneurial education and mentorship will be provided as part of the program.
To initiate an application, please submit a Letter of Intent (LOI) no later than March 30, 2024. LOIs will be reviewed on a rolling basis, and selected teams will be invited to give a five-minute pitch for their project and to submit a full application. At this point, teams will be matched with project managers, entrepreneurs-in-residence, and subject-area experts that can assist in crafting an effective, realistic proposal for final application. Project milestones and other details will be jointly determined by the project team and UM-BILD.
Learn more about this opportunity and LOI requirements at umaryland.edu/um-bild.
For questions, please contact UM-BILD@umaryland.edu.