UM Ventures is a team of professionals with expertise in all aspects of technology transfer, including basic science, intellectual property development and management, technology marketing, and license strategy and negotiation.
James L. Hughes
Director, UM Ventures-Baltimore
Jim Hughes is the Director of University of Maryland Ventures, Baltimore, a joint entrepreneurial initiative of the University of Maryland College Park and the University of Maryland, Baltimore (UMB). In this role, he is increasing technology commercialization and industry collaboration based on the $1 billion in research conducted by the two Universities each year. As UMB’s Senior Vice President and Chief Enterprise and Economic Development Officer, he is responsible for UMB’s Office of Research and Development, the chief administrative unit and catalyst for advancing research and economic development at UMB. Mr. Hughes serves as president of the University of Maryland Health Sciences Research Park Corporation, the management operation for the 14-acre University of Maryland BioPark.
Prior to joining UMB in 2001, Mr. Hughes worked for the Maryland Department of Business and Economic Development (DBED) for six years, most recently as Director of Technology and International Business. Before working at DBED, he was Executive Director of the World Trade Center Institute, a public-private partnership dedicated to expanding international trade and investment.
Mr. Hughes is a director of several not-for-profit corporations, including Lexington Market, Maryland Global Initiatives Corporation, the Maryland-Israel Development Center, and the University of Maryland BioPark. Mr. Hughes has an MBA from the Columbia Business School and a BA from Davidson College.
Chief Innovation Officer
As Chief Innnovation Officer, Julie Lenzer is charged with fostering and supporting the development that is currently underway in the UMD Research Park and Greater College Park. She will also promote and facilitate productive, university-wide collaboration to launch startup ventures based upon University intellectual property, as well as maximize synergies between UMD and the University of Maryland, Baltimore (UMB) to leverage strengths of each and encourage technology commercialization.
Most recently, Julie was appointed to lead the Office of Innovation and Entrepreneurship (OIE) within the U.S. Department of Commerce’s Economic Development Administration (EDA). In her capacity as Director of the OIE, she drove programs and policies that support innovative economic development such as innovation-based entrepreneurship and regional innovation clusters.
Prior to her political appointment, Julie was the Executive Director of the Maryland Center for Entrepreneurship (MCE), an initiative of the Howard County Economic Development Authority focused on igniting the entrepreneurial culture and bringing together the entrepreneurial ecosystem across the state. During her short tenure, the MCE quadrupled its client base and saw the creation of new programs such as 3D Maryland, a leadership initiative connecting resources in additive manufacturing; the Conscious Venture Lab, an accelerator focused on Conscious Capitalism; and a technology transfer accelerator in partnership with Johns Hopkins Advanced Physics Lab and other leading research institutions. A serial entrepreneur, Ms. Lenzer was also the co-chair of Startup Maryland as well as co-founder and former CEO of the Path Forward Center for Innovation and Entrepreneurship, a nonprofit that helped women expand economic opportunity by starting and building growth-oriented businesses using technology transfer.
Lee Building, Room 2133
7809 Regents Drive
College Park, MD 20742