Who May Apply:  Any Maryland bioscience company may apply.

Purpose:  The Biotechnology Commercialization Award provides
funding to bioscience companies to achieve later stage milestones to bring a product or service to market, or to enable them to secure outside investment.  Projects eligible for Biotechnology Commercialization Awards should support products or services that will be ready to enter the market and generate revenue within three years.

How to Apply

There are two application forms, a non-confidential Application Summary form and a confidential Application Details form.  Using these forms, identify the project and specific milestones to be completed with the funding, including a budget that is linked to these milestones.  

Download the information and forms from the links on the left.

The applicant must:

1. Complete the Application Summary form (non-confidential).
2. Complete the Application Details form (confidential).
3. Provide a full business plan (considered confidential) including 3 years historical and 5 years pro forma financial statements, and a list of any current and submitted grant awards or applications, including the title, abstract, awarding agency, duration, dates and total award.  (University applicants should include only related current grant awards or submitted applications.)  Business plans less than 25 pages are encouraged.  All pages in the business plan should be numbered. 
4. Submit the application files electronically to grants@marylandbiocenter.org.  All documents must be submitted in Word, Excel, or PDF format by February 15, 2012 at 5:00 p.m.  The Application Summary form and Application Details form must be submitted as separate files.  An acknowledgement of the application will be sent via email within two business days of receipt.
5. If selected as a finalist, the applicant should be prepared to present the project to a review panel at the Maryland Biotechnology Center in Baltimore.
6. The award recipients will be selected from the finalists.