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Incubator and Accelerator Programs

The Life-science and Technology Incubator Program
The bwtech@UMBC incubator program offers high potential early-stage companies space, business advisory services, and access to the resources and capital that enable companies to commercialize their technologies and succeed in the marketplace. Start-up companies engaged in research and development activities geared toward commercialization of innovative products and/or services are eligible for admission to the program. Both wet laboratory and office space are available at affordable rates with flexible leasing terms.

 

Specialty Incubators

  • Advantage Incubator – The Advantage Incubator@bwtech provides a unique, innovative approach to business incubation for small disadvantaged businesses that have substantial business activities in technology-related state and federal contracting and procurement. The incubator is located in a Class A office suite at the bwtech@UMBC Research Park. In addition to the benefits associated with being located in a federal HUBZone and state Enterprise Zone, Advantage Incubator clients have access to specialized business mentoring and support services that target the needs of women-, minority- or veteran-owned companies.
  • Clean Energy Incubator – A joint venture with the Maryland Clean Energy Center, the Maryland Clean Energy Technology Incubator@bwtech is housed in 18,000 square feet of office and wet lab space in the biotechnology building on UMBC’s South Campus. The new incubator will establish an innovative incubation program for existing and future client companies working in fields related to clean energy technologies and will provide business services tailored for the special needs of these companies. These services will include market assessment, business planning, networking, a part-time Entrepreneur in Residence and an advisory board composed of experienced researchers and executives in the field.

 

Accelerator Program
The Accelerator Program is for graduates of the Incubator Program and technology companies beyond the start-up phase. The Accelerator can offer office and wet lab space and university amenities at competitively priced rates. Preference is given to companies interested in collaborating with UMBC or expanding into the bwtech@UMBC Research Park.

 

Affiliate Program
bwtech@UMBC staff and select Advisory Board members will prescreen entrepreneurs and start-up companies that desire limited and temporary access to the Incubator program’s resources. Availability of space and business services is on an "as needed" basis to early stage companies that meet specific criteria as defined by bwtech@UMBC staff.

 

Idea Lab

The Idea Lab program offers mentoring and business advice to UMBC students and faculty interested in starting their own technology companies. Students must have, at a minimum, sophomore standing and a 2.5 GPA. They receive office space and meet regularly with advisors for assistance on refining their business idea and determining market feasibility.