Post on 31-Dec-2015
© 2011 bwtech@UMBC
2011 SINET Showcase and WorkshopsThe Cyber Business Network – Connecting People,
Technology and Ideas in Cyber Security
Ellen HemmerlyExecutive Director
bwtech@UMBC Research and Technology Park
October 25, 2011
© 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
© 2011 bwtech@UMBC
bwtech@UMBC North
© 2011 bwtech@UMBC
bwtech@UMBC South
UMBC Training Centers
Clean Energy Technology Center UMBC
Technology Center
© 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
© 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
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
© 2011 bwtech@UMBC
• 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
• 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
• 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
• 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
© 2011 bwtech@UMBC
Contact InformationEllen Hemmerly
Executive Director/PresidentUMBC Research Park Corporation
410-455-8400hemmerly@umbc.edu
www.bwtechumbc.comwww.cyberhive.org
www.cybermarylandmap.com