The Maryland Industrial Partnerships (MIPS) program accelerates the commercialization of technology in Maryland by jointly funding collaborative R&D projects between companies and University System of Maryland faculty.
MIPS provides funding, matched by participating companies, for university-based research projects that help companies develop new products. MIPS projects help companies find solutions to technical challenges, as well as develop products, processes or training materials. MIPS projects are conducted by university faculty and graduate students in conjunction with company researchers.
With more than 400 Maryland companies participating in project awards since 1987, worth over $160 million—MIPS projects create results. MIPS-supported products have generated more than $21.6 billion in sales, added jobs to the region, and infused state-of-the-art technology into the global marketplace.