Health system intelligence profile
University of Maryland Medical System / University of Maryland, Baltimore
Last reviewed August 30, 2026
Intelligence summary
Established 2012
UM Ventures is the joint commercialization and industry-engagement initiative of the University of Maryland, Baltimore (home of the School of Medicine that staffs the University of Maryland Medical System) and the University of Maryland, College Park. It was established in 2012 by the University System of Maryland Board of Regents and the Governor of Maryland to integrate entrepreneurial programs across the two campuses and advance technology development and new venture creation. UM Ventures manages invention disclosure, IP protection and licensing, and runs a New Ventures Office that launches and supports faculty startups. Under the Center for Maryland Advanced Ventures, created by the 2016 Strategic Partnership Act, it operates The GRID, The Baltimore Fund, the Maryland Momentum Fund, the Fischell Institute for Biomedical Devices and Anchor Ventures. Outside companies engage through licensing, an Entrepreneurs in Residence program staffed by industry contractors, seed grants, loans and equity investments in Maryland-based UM Ventures startups, and named corporate research partnerships.
Documented successes: UM Ventures Innovation Challenge awards up to $100,000 in funding; a five-year, $6 million MedImmune partnership supporting bioscience research; operates the Maryland Momentum Fund and The Baltimore Fund under the Center for Maryland Advanced Ventures
Mandate and remit
UM Ventures is the joint commercialization and industry-engagement initiative of the University of Maryland, Baltimore (home of the School of Medicine that staffs the University of Maryland Medical System) and the University of Maryland, College Park. It was established in 2012 by the University System of Maryland Board of Regents and the Governor of Maryland to integrate entrepreneurial programs across the two campuses and advance technology development and new venture creation. UM Ventures manages invention disclosure, IP protection and licensing, and runs a New Ventures Office that launches and supports faculty startups. Under the Center for Maryland Advanced Ventures, created by the 2016 Strategic Partnership Act, it operates The GRID, The Baltimore Fund, the Maryland Momentum Fund, the Fischell Institute for Biomedical Devices and Anchor Ventures. Outside companies engage through licensing, an Entrepreneurs in Residence program staffed by industry contractors, seed grants, loans and equity investments in Maryland-based UM Ventures startups, and named corporate research partnerships.
These routes appear in the program's sourced public record.
Fund or office: UM Ventures
UM Ventures is the joint commercialization and industry-engagement initiative of the University of Maryland, Baltimore (home of the School of Medicine that staffs the University of Maryland Medical System) and the University of Maryland, College Park. It was established in 2012 by the University System of Maryland Board of Regents and the Governor of Maryland to integrate entrepreneurial programs across the two campuses and advance technology development and new venture creation. UM Ventures manages invention disclosure, IP protection and licensing, and runs a New Ventures Office that launches and supports faculty startups. Under the Center for Maryland Advanced Ventures, created by the 2016 Strategic Partnership Act, it operates The GRID, The Baltimore Fund, the Maryland Momentum Fund, the Fischell Institute for Biomedical Devices and Anchor Ventures. Outside companies engage through licensing, an Entrepreneurs in Residence program staffed by industry contractors, seed grants, loans and equity investments in Maryland-based UM Ventures startups, and named corporate research partnerships.
Documented successes
UM Ventures Innovation Challenge awards up to $100,000 in funding; a five-year, $6 million MedImmune partnership supporting bioscience research; operates the Maryland Momentum Fund and The Baltimore Fund under the Center for Maryland Advanced Ventures
Use the program's published contact route for partnership, licensing, innovation, or program inquiries.
Comparable records based on shared public taxonomy, location, or commercialization route.
Same state · Same program type · Same commercialization route
Baltimore, Maryland
Johns Hopkins Technology Ventures
Johns Hopkins Technology Ventures (JHTV) publishes a technology-transfer and entrepreneurship platform for moving discoveries from the university and its research community toward products and services.
Academic
Read the intelligence briefEditorially verified · Reviewed August 30, 2026
Same state · Same program type · Same commercialization route
Baltimore, Maryland
Center for Bioengineering Innovation & Design (CBID)
Johns Hopkins CBID sits at the intersection of the Whiting School of Engineering and the Johns Hopkins School of Medicine and trains teams to invent, prototype and commercialize medical devices.
Academic · Nonprofit
Read the intelligence briefEditorially verified · Reviewed August 30, 2026
Same state · Same program type · Same commercialization route
Columbia, Maryland
MedStar Institute for Innovation (MI2)
The MedStar Institute for Innovation, known as MI2, was founded in 2009 as MedStar Health's system-wide innovation organization spanning Maryland and Washington, DC.
Nonprofit
Read the intelligence briefEditorially verified · Reviewed August 30, 2026
Same program type · Same commercialization route
Charlotte, North Carolina
Advocate Health Innovation (Innovative Collaborations and Technology Transfer Office)
Advocate Health's enterprise innovation function is led by a Chief Innovation and Commercialization Officer and combines an external-partnership front door with an internal commercialization office.
Nonprofit
Read the intelligence briefReviewed August 30, 2026
Same program type · Same commercialization route
Charlotte, North Carolina
Advocate Health Technology Transfer Office
The Advocate Health Technology Transfer Office converts research and novel concepts generated inside the system into practical products.
Nonprofit
Read the intelligence briefReviewed August 30, 2026
Same program type · Same commercialization route
Chicago, Illinois
Advocate Aurora Enterprises
Advocate Aurora Enterprises was the investment and business-building arm of Advocate Aurora Health, now part of Advocate Health, the third-largest nonprofit health system in the country.
Nonprofit
Read the intelligence briefEditorially verified · Reviewed August 30, 2026
Reviewed August 30, 2026. External source links open in a new tab.
Confidential comparison
Request a confidential conversation about the commercial opportunities, market pathways, and capabilities within your hospital's innovation portfolio. The public directory does not score or rank programs.