UMBC Watch

“Applying research to real-world challenges is an integral part of UMBC's mission, and we are extremely proud of these innovators. Their work showcases the brainpower and breadth of talent we have on campus.”

— President Freeman A. Hrabowski, III

 

UMBC Entrepreneurs Are “Innovator of the Year” Finalists

 

September 9, 2003 – Three UMBC entrepreneurs are “Innovator of the Year” finalists in the annual awards competition established by The Daily Record to recognize Maryland residents and companies who have introduced innovations that have had positive effects on their businesses, industries, or communities.

Faculty member Govind Rao, professor and chair of the Department of Chemical & Biochemical Engineering, and two techcenter@UMBC incubator companies, BDMetrics Inc. and Scientific Products & Systems Inc., are among the 25 nominees for the “Top Innovator of the Year” award.

       •       Dr. Govind Rao was nominated for his invention of a high throughput bioreactor, a device that could be used by pharmaceutical companies to quickly develop a vaccine or therapeutic treatment for a biological terror agent. Numerous other industries could benefit as well. Rao also recently received the University System of Maryland Board of Regents Award for Excellence in Research.

       •      BDMetrics has developed an innovative software application that automates the business development (BD) function for conference owners, trade associations, tech councils, other business networking hubs, and patent holders. It allows users to optimize their BD network, quickly capitalize on new business ideas, collaborate with one another to compress decision-making, and close more deals.

       •      Scientific Products & Systems has developed cost-effective proprietary precision fluid handling products for the biosciences, pharmaceutical, and cosmetic industries. The company also recently won a Maryland Incubator Company of the Year Award from the Maryland Technology Development Corporation.

“Innovator of the Year” finalists were selected by a panel of Maryland business leaders, and the “Top Innovator of the Year” will be announced on September 17. In 2002, the techcenter@UMBC, home to more than 25 start-up and emerging companies, received Baltimore County’s “Innovation Award for Excellence in Technology,” in recognition of the University’s success in high-tech business
development.

 


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