Improving your product through research and development may sound a little pricey, but federal and state funding programs can help get your product on track towards commercialization. Check out these resources that take advantage of research conducted at Maryland's many federal and academic research centers.
These organizations provide technical assistance that will help lead your product to market or make it more commercially successful.
Federal Technology Transfer Partners
If you're an innovative small business looking to commercialize, there are two important programs you need to know about that are administered by the SBA Office of Technology. Through the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs, SBA encourages small businesses to bring their products to market and profit from commercialization. The STTR program alone awarded $2 billion to small high-tech businesses.
Many federal agencies in Maryland have offices dedicated to working with small businesses for their research and development needs through the STTR/SBIR programs: