ABCEI Newsletter: Week of 5/1

Mon, 01 May 2023 11:16:33 -0400

Ideas from the 2023 CBIC
On Thursday, April 20th, The Alex. Brown Center for Entrepreneurship and Innovation (ABCEI) hosted its annual Cangialosi Business Innovation Competition. The 2023 event included seven finalist teams, which consisted of undergraduate and graduate students from various majors from UMBC. Read about the incredible, winning ideas from the 2023 CBIC here!

The University System of Maryland Launch Fund

The University System of Maryland (USM) Launch Fund connects early stage entrepreneurs - builders, creators, and innovators - to existing resources, mentorship, and capital. It creates a new capital source for USM-affiliated ventures. Applications are due by May 16 for funding for (for-profit or nonprofit) ventures in the form of grants and investments up to $50k. Info session via Zoom on May 2 at 10am: http://bit.ly/43mLmHX.

Maryland New Venture Fellowship Pitch Night at BWTech

Join BWTech on May 8th as they celebrate the culmination of 12 weeks of hard work from the participating teams, and hear them pitch their big ideas for commercially viable solutions our nation needs to secure our information systems, utilities, infrastructure, and supply chains. To learn more and register, click here!

Maryland's Climate Tech Pre-Accelerator: Summer 2023
The Maryland Climate Tech Pre-Accelerator is a unique opportunity to test if your climate-tech research and ideas have commercial viability through a startup journey. The exciting agenda of the Pre-Accelerator will have you work on the following elements for your potential venture:

Understand if you are personally ready for the startup journey

Provide a deep understanding of potential target markets for your idea

Give you an understanding of potential business models to be successful

Provide a commercialization path that includes potential funding sources, such as grants, equity, bank financing, or sweat equity.

To apply or learn more, click here!