Pava LaPere Innovation Acceleration Grant Program

About
The Pava LaPere Innovation Acceleration Grant Program is designed to foster growth of the entrepreneurial innovation ecosystem in the State. It does so through grants to technology-based start-up companies founded by students from eligible institutions located in the Baltimore-Columbia-Towson Metropolitan Statistical Area.
Eligibility
- Founder(s) from eligible institutions owning 50% or more of a technology-based company* at time of award
- *Technology-based companies commercialize proprietary technology. This often involves R&D, IP protection, or scientific advancement. There is an emphasis on scalable potential.
- Founder(s) from eligible institutions are enrolled in a minimum of three semester credits at time of award
- Founder(s) graduation date is no earlier than 180 days before award disbursement
- Founder(s) graduating at the end of current semester with less than three credits at time of award are still eligible
- Company must hold its principal place of business in the Baltimore-Columbia-Towson Metropolitan Statistical Area
- Company is incorporated as a for-profit entity (LLC, C Corps)
- Incorporation can happen within 30 days of award notice
- Company agrees to use at least 20% of the award to hire third-party consultants for planning, development, regulatory compliance or other technical assistance. Upon applicant’s request, TEDCO will provide a waiver.
- Incorporation can happen within 30 days of award notice
Please refer to the Eligibility Requirements PDF below for additional information.
Eligible Universities & Steering Committee Representative
- Anne Arundel Community College, Stephanie Goldenberg
- Baltimore City Community College, Quintin Davis
- Carroll Community College, Amy Yingling
- Community College of Baltimore County, Dennis Sullivan
- Coppin State University, Ron Williams
- Goucher College, Maureen Malomba
- Harford Community College, Marc Minnick
- Howard Community College, Helen Rose
- Johns Hopkins University, Josh Ambrose
- Loyola University Maryland, Wendy Bolger
- Maryland Institute College of Art
- McDaniel College, Kathleen Pratt
- Morgan State University, Danae Stewart
- Notre Dame of Maryland University
- St. John’s College, Jaime Dunn
- Stevenson University, Dr. Zamira Simkins
- Towson University, Lauren Jan
- University of Baltimore, Henry Mortimer
- University of Maryland, Baltimore, Taylor DeBoer
- University of Maryland, Baltimore County, Kevin Fulmer