PHASEII:GROWTH

At the start of FY2021, the Office of Technology transitioned into Phase II: Growth of their Strategic Plan. Despite the pivot caused by the COVID-19 pandemic, the office saw another record-breaking year. The office saw moderate growth in all areas including new IP disclosures, new U.S. patent applications, Issued Patents and start-up companies, continuing the upward trend from the previous year.

OTT’s proactive in-reach programs, led by the I-Works initiative, continued to make a difference throughout the University, with faculty and staff awards spanning the campus from a diverse range of schools/colleges and disciplines The office also published its Innovations newsletter, recognized the 2020 Innovation of the Year awardees virtually and hosted a STEM forum in partnership with the National Academy of Sciences, Engineering and Medicine

As the office continues to grow and transitions into the next two years of Phase II, OTT will expand their Innovation Works initiative and further the reach and awareness of the innovation taking place at Morgan, with continued efforts to secure intellectual property disclosures and protect Morgan intellectual property. OTT will publish success stories and innovation announcements throughout campus, informing University stakeholders and the Morgan community of the innovation taking place campuswide. The office will also continue to enhance the For Industry database, to partner Morgan technologies with local entrepreneurs for potential license agreements, partnerships and other economic development opportunities.

Additionally, the Office of Technology Transfer will continue to expand Innovation Works throughout campus and the greater Baltimore area The team will continue to nurture relationships with University inventors to identify new technologies, methodologies and innovations

Per$10millioninresearchexpenditures,Morganproducesinvention disclosuresandnewpatentapplicationsataratesignificantlyhigher thanthestate(4to1)andnationalaverages(3to1).

Theofficefacilitatedover$4millionintechtransfer researchanddevelopmentfundingthroughstrategic partnershipswiththeMarylandEnergyInitiative(MEI), MarylandInnovationInitiative(MII),MarylandIndustrial Partners(MIPS),foundationsandtheU.S.Government's SBIR,STTR,MarylandEnergyInitiative(MEI),for technologycommercialization.