Maryland Innovation Initiative (MII)
The Maryland Innovation Initiative (MII) is a collaborative program established between the State of Maryland and five prominent academic research institutions: Johns Hopkins University, Morgan State University, University of Maryland College Park, University of Maryland Baltimore, and University of Maryland Baltimore County. The initiative aims to foster the commercialization of research generated within these universities, utilizing their unique strengths to drive innovation. By facilitating partnerships and encouraging the transfer of knowledge and technology, MII seeks to enhance the economic development of Maryland and support the growth of emerging companies that arise from academic research.
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Grant in 2021
Capsulomics, LLC is a biotechnology company focused on developing and manufacturing DNA tests for the early detection of upper gastrointestinal (GI) cancers, particularly esophageal cancer and its precancerous condition, Barrett’s esophagus. Founded in 2018 and based in Halethorpe, Maryland, Capsulomics aims to address the diagnostic and prognostic uncertainties associated with GI diseases. By providing advanced diagnostic solutions, the company enables healthcare professionals to prevent, detect, and treat these conditions more effectively, ultimately enhancing patient outcomes.
TEDCO
Grant in 2020
TEDCO is an independent organization established in 1998 and located in Columbia, Maryland. It serves as the leading source of entrepreneurial business assistance and seed funding for the development of startup companies within Maryland's innovation economy. TEDCO focuses on early-stage companies across various sectors, including software, technology, energy equipment, life sciences, and oncology. Its mission is to foster innovation and economic growth in Maryland by supporting the growth of startups and enhancing the state's position in the entrepreneurial landscape.
Mind-X
Grant in 2019
Mind-X Corp. is a technology company that designs and develops interfaces for spatial computing applications, leveraging neurotechnology, augmented reality, and artificial intelligence. Founded in 2017 by Geoffrey Ling and Julia Brown, the company is based in Bethesda, Maryland. Mind-X focuses on creating a framework that integrates brain-computer interfaces with artificial intelligence to enhance user interaction and experience in spatial computing environments.
Sonoval
Grant in 2019
Sonoval LLC, based in Baltimore, Maryland, is a biotechnology company focused on developing innovative protein-based anticancer therapies targeting lymphomas and solid tumors. Founded in 2017, the company is advancing its lead drug, SON-211, which operates by binding to specific receptors on tumor cells to deliver a toxic payload. This mechanism not only aims to destroy cancer cells but also works to eliminate immune system suppressors, thereby activating the patient’s own immune defenses against cancer. Through its novel approach, Sonoval seeks to provide effective treatment options for various T-cell lymphomas and major solid tumors.
ActiveCharge
Grant in 2019
ActiveCharge is a Baltimore-based company that develops systems to harvest wasted vibrational energy from wind-powered turbines. Its technology converts this energy into electrical power for battery-free sensor operation.
OncoSTING
Grant in 2019
Founded in Baltimore, Maryland in 2018, OncoSTING develops innovative therapies for bladder cancer. The company combines the potency of standard BCG immunotherapy with long-lived delivery of potent STING agonists to enhance immune response and improve safety profiles.
Renalert
Grant in 2019
Renalert is a healthcare technology company based in Baltimore. It specializes in the early detection of acute kidney injury through innovative analysis of urine output, blood pressure, and oxygenation status.
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