StartupUMD Business Fundamentals Workshops

What: A series of hands-on workshops developed collaboratively by UM Ventures, Mtech, and Dingman Center for Entrepreneurship specifically for UMD faculty and graduate students to teach business concepts and skills, startup resources and how to take advantage of them, legal issues surrounding startups and many other practical know-how. Most workshops are offered two separate times during a week to allow for a more flexible schedule.

Place: unless noted otherwise, workshops are held at Startup UMD Diamondback Garage, 7878 Diamondback Drive, College Park, MD . Diamondback Garage is located in the back of The Hotel, an easy walk from many campus location. However if you decide to drive, please park in the surface lot behind The Hotel as parking is significantly cheaper than the hotel's garage. Faculty and staff with UMD parking permits may also park in Lot K2 behind the WeWork building (please check your permit to make sure that K2 is your overlfow lot).

PDF Schedule for printing. 


Startup Guide for Faculty/Researchers at UMD

University of Maryland and the State of Maryland have an abundance of resources for aspiring entrepreneurs. This workshop will provide an overview of the resources and programs, and a suggested path to navigate them in the most efficient way. The workshop is designed specifically for faculty and graduate student startups based on university innovations. 

When: February 4, 2019, 9:00-10:00 AM

Register to attend

Request this workshop to be presented at your department. 


Intellectual Property Fundamentals

Learn about different types of intellecutal property rights: copyright, patents, trademarks, trade secrets etc. What are they, how do you get them, why would need them, how expensive they are etc. 

Presenter: Felicia Metz, JD 

When:  1. February 5, 12:00-1:00 PM Register

             2. February 8, 10:00-11:00 AM Register


I-Corps: Market Research through Customer Discovery

NSF I-Corps is an excellent program providing $50,000 to conduct hands-on market research to see if there is a market need for your potential startup. This is a powerful tool to help make decision whether or not you should invest in building your startup. University of Maryland offers Mini-I-Corps program to help you qualify for the NSF program, and assistance with application to the national program. This workshop will explain in detail what happens during the program, benefits, and how to apply. 

Presenter: Satish Tamboli, Mtech Ventures 

When: 1. February 13, 12:00-1:00 PM Register

            2.  February 15, 10:00-11:00 AM Register 

Request this workshop to be presented at your department.


Can my innovation become a startup?

Not all innovative ideas are destined to become a startup. Learn from a VC and a successful serial entrepreneur what differentiates a product or technology from a startup. 

Panelists: Glen Hellman aka Mr. Cranky, and Stan Smith

When: February 18, 12:00-1:00 PM Register



Business Lingo for Scientists

Does this sound like a foreign language to you: TAM, SAM, SOM, LTV, Burn Rate, Customer Churn, EBIDTA, KPI etc.? This workshop will help you understand basic business terminology to prepare you for your conversations with VCs, banks, and potential business partners. 

Presenter: Alla McCoy, MBA

When: Rescheduled to: February 27, 12:15-1:15 PM Register


Whiting-Turner Business & Entrepreneurial Lecture Series

*****Location*****: Zupnik Lecture Hall, 1110 Jeong H. Kim Engineering Building, University of Maryland, College Park

“Tech innovation through private equity and venture capital”
Ralph E. Taylor-Smith, PhD, MBA
Managing Director at GE Ventures

Date: Thursday, February 21, 2019
Reception: 4:30 PM
Lecture: 5:00 PM-6:00 PM
Location: Zupnik Lecture Hall, 1110 Jeong H. Kim Engineering Building, University of Maryland, College Park

Lecture Description: Private equity and venture capital investments represent one key pathway for innovative emerging science and engineering technologies to reach the industrial marketplace. Various examples will be discussed, including specific startup tech companies within the Washington D.C./Maryland/Virginia DMV region.

Register for this FREE event at:

The Whiting-Turner lecture series hosted by the A. James Clark School of Engineering celebrates the fearlessness of entrepreneurship and brings leading technology enterprise thinkers who deal with the real-world challenges of a fast-paced, global economy to campus. In their lectures and question-and-answer sessions, speakers share their insights and experiences as well as their lessons and advice, inspiring students and faculty to apply new ideas and approaches to their careers and ideas for new ventures.

Questions? Email:


Funding your startup: Tedco grants, MIPs

Through the University of Maryland and the State of Maryland, university startups can access $355,000 in funding for technology validation, commercialization planning, and R&D. This workshop will discuss details of Maryland Innovation Initiative and Maryland Industrial Partnerships

When: February 26, 10:00-11:00 AM Register


Streaming Webinar: The Open Source Business Model for University Software Startups

Presenters: John Lee, Principal at Osage University Partners, and David Dorsey, Senior Associate at Osage Univesity Partners

When: February 26, 1:00-2:00 PM Register 

Webinar Description: Academics looking to maximize the impact of their research shouldn't consider commercialization a Faustian bargain, trading open publication and monetary returns. Open-source software can be a successful strategy towards both impact and income.

Join David Dorsey and John Lee of Osage University Partners as they discuss why open source provides substantial advantages for software startups and why it has become the de facto method for deploying and commercializing software.


Startups and Banks: Business Banking, Line of Credit, Working Capital and Other Things Startup Owners Need to Know

Presenters: John Halley, M&T Bank

When: March 1, 3:00-4:00 PM Register 


The many types of businesses, corporate structures, and financing options

There are many types of businesses: lifestyle, high-growth, non-profits etc. This workshop will explain different corporate structures and appropriate ways to finance each.

Presenter: Tami Howie, DLA Piper 

When: March 5, 3:00-4:00 PM Register


How to Pitch: Telling Your Story

Experienced entrepreneur, angel investor, and business coach will talk about best way to present your startup or a business idea.

Presenter: Glen Hellman aka Mr. Cranky

When: April 15, 3:00-4:00 PM Register 


How Equity Investments Work: Angels and VCs

Learn from an experienced venture capitalist how equity investments work, difference between VCs and angel investors, how do they invest, what their expectation is, and what you need to know.

Presenter: Stan Smith 

When: April 19, 10:00-11:00 AM Register


How to Pitch Angels and VCs

Stan Smith is an experienced VC who has heard many good and bad pitches from countless entrepreneurs. In this workshop you will learn how to create and present a pitch that would impress a potential investor.

Presenter: Stan Smith

When: April 25, 10:00 AM Register


Accounting 101 for Startups

Presenters: Cheryl Y. Heusser, CPA, CFE, and Barbara Murphy Kromer, CPA, SnyderCohn

When: April 30, 11:00 AM - 12:30 PM Register


Watch for these additional workshops to be scheduled: 

  • Registering Your Company & Other Corporate Housekeeping
  • Building Your Team
  • Funding your startup: SBIR
  • How to select startup CEO?
  • Founder Happy Hour



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