Montgomery County Executive Isiah Leggett helped kick off the second annual Innovation 2 Commercialization (I2C) Conference this morning at the Universities at Shady Grove in Rockville. Conceived and presented via a partnership between the Montgomery County Department of Economic Development and the Federal Laboratory Consortium (FLC) for Technology Transfer, the full-day conference features three informative plenary sessions to help launch, commercialize and fund technology to make local business ventures profitable.
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“That the FLC noted its successful collaboration with Montgomery County, in particular our Department of Economic Development, in its 2012 Annual Report to the President and Congress speaks volumes,” said Leggett. “They highlighted our large number of federal labs that support business in the County and cited this relationship as a model for other economic development entities. This has been a wonderful and mutually beneficial partnership and this year’s conference has proven yet again to be another great success in supporting local tech transfer opportunities.”
This year’s I2C Conference participants include: Office of Technology Commercialization, University of Maryland; USDA Agricultural Research Services, Office of Technology Transfer; University of Maryland, Baltimore, Office of Technology Transfer; BioHealth Innovation, Inc.; NASA Goddard Space Flight Center; TEDCO Capital Partners; Dingman Center for Entrepreneurship; and Venture Programs.
“The FLC's collaboration with Montgomery County over the past six years has been incredibly fruitful, resulting in a multi-component Technology Transfer program that encompasses the Technology Transfer Speaker Series, Gateway to Innovation, FedtechNet, CSO Boot Camp, Post Doc Conference and now I2C in its second year,” said Mojdeh Bahar, J.D., immediate past chair, Federal Laboratory Consortium. “Hopefully, other economic development organizations will follow Montgomery County’s lead and form synergistic tech transfer collaborations with federal entities in their respective jurisdictions.”
Private-sector companies participating on the three in-depth panels on Innovation, Commercialization and Financing, include Keygene, MaxCyte, Northrop Grumman Information Systems, Rock Spring Ventures, MedImmune Ventures, Inc. and Brain Biosciences, Inc.
“Maryland’s research is world class and that is in large part thanks to the many federal agencies and labs found in Montgomery County,” said Kyp Sirinakis, managing partner, Rock Spring Ventures.
“Converting this research into viable commercial products is essential to the health of our nation and the health of our local and national economy,” continued Sirinakis. “The I2C conference provides the forum needed to navigate the essential elements of commercializing and funding this promising research.”
Today’s conference also featured keynote speaker Dr. Patrick O’Shea, Chief Research Officer and Professor of Engineering at the University of Maryland. In addition, lunch again this year featured the hugely popular “Table Host” sessions with selected industry experts from a federal lab, university tech transfer office, venture capital firm, business service organization, among others, discussing issues affecting innovation and small business.
To learn more about the County’s Technology Transfer programs and initiatives, visit:
To read the full FLC 2012 Annual Report to the President and Congress, visit: