Access to funding opportunities is often a pivotal factor in a startup’s survival. At bwtech, we will connect you with the right local and national funding sources that can help your company grow and thrive.


UMBC Technology Catalyst Fund – An internal funding opportunity that supports technology originating from UMBC research, such as proof-of-concept studies, extending data collection, and prototype development. Award Size: Up to $25,000.

UMBC FEAT (Faculty Entrepreneurship AcceleraTor) Fund – A program available to UMBC’s entrepreneurial PIs to advance their technical concept, or their idea (social/behavioral/policy related) in conjunction with technology, towards commercial success, and out to meet societal needs.

Maryland Technology Internship Program (MTIP) – Administered by UMBC and funded by the State of Maryland, this program offers financial assistance to technology-based businesses, as well as state and local agencies, to hire more interns.

The Maryland Innovation Initiative (MII)– The MII program, established by TEDCO, is designed to promote commercialization of research conducted in the partnership universities and leverage each institution’s strengths.

TEDCO (Maryland Technology Development Corporation) – Established by Maryland State, TEDCO provides funding, programs, resources, and connections to early-stage technology and life sciences companies in Maryland and fosters technology transfer and commercialization from the State’s universities and Federal labs.

NIH Small Business Innovation Research (SBIR) & Small Business Technology Transfer (STTR)– The SBIR and STTR programs allow US-owned and operated small businesses to engage in federal research and development that has a strong potential for commercialization.

The NSF Innovation Corps (I-Corps™)– A program that prepares scientists and engineers to extend their focus beyond the laboratory and broadens the impact of select, NSF-funded, basic-research projects.