Early Charm Ventures, a startup studio that collaborates with academic researchers to convert science to business, today announced its participation in a federal program that will expand the Maryland Defense Technology Commercialization (DefTech) Center to two additional US Department of Defense (DoD) research labs across the state.
Under this program, Early Charm Ventures, along with other federal and local partners, has contributed matching funds to a federal grant in support of the expansion of the DefTechCenter’s activities. The DefTech Center, a DoD-funded pilot program established last year to fund technology transfer at Aberdeen Proving Ground (APG), has received a new $750,000 federal grant to expand the DefTech Center’s services to the US Army's Fort Meade and Fort Detrick. “The DefTech Center has been key to us finding new startup opportunities at Aberdeen Proving Ground,” said Ken Malone, Principal with Early Charm Ventures. "We’re pleased to partner with them to expand those efforts to Maryland’s Fort Meade and Fort Detrick.” With this new grant, APG’s DefTech Center will replicate its suite of commercialization services at Maryland’s Fort Meade and Fort Detrick. These services include IP matchmaking, mentoring and coaching, resource connections and startup support. In addition, each of the three centers will host networking, educational and skill-building events for entrepreneurs, focusing on key aspects of building a tech-based entrepreneurial startup company, such as customer discovery, market identification, IP and patent law and market-oriented product development. The grant also will allow the DeTech Center’s website to feature the Maryland Defense Patent Database, an aggregated repository of Maryland-based DoD IP available for licensing. The database currently features more than 1,800 patents for licensing from DoD labs in Maryland. Other partners supporting this new grant with Early Charm Ventures include the NSA Technology Transfer Program at Fort Meade; the US Army Medical Research and Materiel Command Tech Transfer Office at Fort Detrick; and the Combat Capabilities Development Command Technology Transfer Offices at APG. Other partners include Anne Arundel Economic Development Corporation; Howard County Economic Development Authority; Frederick County Office of Economic Development and the City of Frederick Department of Economic Development; Army Alliance, Fort Meade Alliance and Fort Detrick Alliance; TEDCO; and Altus Engineering. About Early Charm Ventures: Early Charm Ventures is a startup studio, founded in 2012 in Baltimore, that collaborates with academic researchers to convert science to business. Early Charm Ventures specializes in taking brilliant scientific discoveries made at universities and turning them into companies focused on growth. Its best successes come from teaming hands-on with entrepreneurial-minded faculty who are rooted in a range of industries including materials science, imaging, aquaculture, advanced research tools and more. In our work, we are the management team, the operators and the entrepreneurs. We show up to the labs and offices every day to do the heavy lifting. Ultimately, we bring to the table our deep experience co-founding companies with leading researchers. With these exceptional people and their ideas, we partner with them to advance or even create whole new industries. Learn more: www.earlycharm.com