Starting in February 2010, the
Carey Business School
will begin offering an exciting new technology commercialization program, it has dubbed Innovate!, at the Johns Hopkins University Montgomery County Campus.
Innovate!, which is funded by a National Science Foundation grant to The Johns Hopkins University and the University of Maryland, Baltimore County, is a 12-month program led by successful serial entrepreneurs that will take a class of 15 business professionals and 15 postdocs through evaluation of a technology's commercial viability, preparation of a business case based on the technology, and launch of the business. The businesses will be based on technology from NIH, Johns Hopkins University, the University System of Maryland, and other research institutions and federal agencies.
"The Innovate! program is perfect for professionals who have thought about starting their own technology company and are looking for a supportive, structured environment to help make it happen," says Yash Gupta, dean, Johns Hopkins Carey Business School.
"We're extremely excited to have the Innovate! program on our campus because it fits so well with the County's economic development goals," says Elaine Amir, executive director, Johns Hopkins Montgomery County. "The County recently released its Biosciences Task Force report, and one of the reports five key objectives was to 'enhance the environment for entrepreneurship and the creation of new life sciences companies.' It's great that Johns Hopkins can help advance that goal."
The Innovate! program is based on the highly successful ACTiVATE® program at the University of Maryland, Baltimore County, which has led to the formation of more than 25 companies since its inception in 2005.
Partners for the Innovate! program include Rockville Economic Development, the Montgomery County Department of Economic Development, and the National Institutes of Health.
Source: Johns Hopkins Carey Business School
Writer: Walaika Haskins