
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