BALTIMORE, MD (April 22, 2015) – Faculty researchers from the University of Maryland, Baltimore and Johns Hopkins University and entrepreneurs building companies based on technologies from these institutions were recognized this week for their groundbreaking research with $200,000 in prizes. The awards were made by the two universities, the Abell Foundation and the Maryland Department of Business and Economic Development’s (DBED) BioMaryland Center as part of a day-long Joint Meeting of the Johns Hopkins Alliance for Science and Technology Development and the University of Maryland, Baltimore Commercial Advisory Board.

 

First awarded in 2010 to support early-stage research and enable commercialization, the BioMaryland prizes are two $25,000 grants to startup companies affiliated with Johns Hopkins and the University of Maryland, Baltimore. In addition, the University of Maryland, Baltimore and Johns Hopkins University awarded two $25,000 prizes to university researchers, and the Abell Foundation awarded two $50,000 prizes to university researchers to address critical funding gaps in the translation to market of promising university research and invention.