© 2011 bwtech@UMBC 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting...

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© 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

Transcript of © 2011 bwtech@UMBC 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting...

Page 1: © 2011 bwtech@UMBC 2011 SINET Showcase and Workshops The Cyber Business Network – Connecting People, Technology and Ideas in Cyber Security Ellen Hemmerly.

© 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

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© 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

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© 2011 bwtech@UMBC

bwtech@UMBC North

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© 2011 bwtech@UMBC

bwtech@UMBC South

UMBC Training Centers

Clean Energy Technology Center UMBC

Technology Center

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© 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

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© 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

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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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© 2011 bwtech@UMBC

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• 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

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• 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

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• 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

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Role in Tech Commercialization

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• 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

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© 2011 bwtech@UMBC

Contact InformationEllen Hemmerly

Executive Director/PresidentUMBC Research Park Corporation

[email protected]

www.bwtechumbc.comwww.cyberhive.org

www.cybermarylandmap.com