Business Acceleration

MCEC supports commercialization & entrepreneurial innovation in the state’s clean energy sector through the Maryland Clean Energy Technology Incubator Network to speed promising technologies along from the bench to the bank, and create a vibrant environment for new business creation and growth.

Maryland Clean Energy Technology Incubator (CETI) provides technical assistance along with office and lab space to help start-up companies move products along the development pipeline and grow to viability.

CETI has a joint venture with the Maryland Clean Energy Center to encourage statewide networking of clean energy entrepreneurs.

CETI offers companies:

  • 18,000 square feet of office and wet lab space in the Biotechnology Building on the Incubator and Accelerator campus; rates are slightly below market
  • Access to a part-time Entrepreneur-in-Residence and an advisory board composed of experienced researchers and executives in the clean energy sector
  • Opportunities to collaborate with the talented faculty and students of UMBC’s nationally recognized environmental science programs
  • Mentoring and assistance with business planning, grant applications, marketing and management of intellectual property from bwtech@UMBC’s experienced entrepreneurial services team
  • A strategic location along I-95, five minutes from BWI Thurgood Marshall Airport, 10 minutes from downtown Baltimore and 30 minutes from Washington, D.C.
  • Clean room and shared scientific equipment
  • Access to conference and training facilities in addition to all of the resources on the UMBC campus – core scientific equipment, day care, dining and fitness facilities
  • 24-hour access and free surface parking
  • Flexible leasing terms

CETI was created for entrepreneurs with the vision to create innovative and practical companies that will make an impact on our society’s use of alternative energy sources. Our areas of interest include:

  • Renewable energy; e.g., solar, wind, and biofuels
  • Energy efficiency; e.g., in buildings and process plants
  • Smart grid
  • Cybersecurity for the electric grid
  • Energy policy

CETI is located about a mile from the main UMBC campus. Ranked as the #1 up-and-coming national university by U.S. News and World Report America’s Best Colleges Guide, UMBC is a dynamic public research university integrating teaching, research and service to benefit the citizens of Maryland. UMBC faculty attract nearly $180,000 in per-capita research funding.

CETI is a natural fit with UMBC’s strengths in and support of the environmental sciences and engineering. Officials from bwtech@UMBC and the Maryland Institute for Policy Analysis and Research (MIPAR) at UMBC are currently working to establish an Office of Energy Policy to serve as the primary center for energy policy research in Maryland.

To contact the Entrepreneur in Residence, please email david.fink@umbc.edu.

Montgomery County Innovation Network: Founded in 1999 with the opening of the Shady Grove Innovation Center, the Business Innovation Network has worked with over 250 teams of entrepreneurs and graduated about 100 companies. Over the last 10 years the Network has grown to five business incubation centers that offer the critical combination of highly flexible, modern office and lab space and business support services.