TAP seeks high-potential emerging companies developing and/or offering new products and services rooted in advanced technology.  While TAP favorably considers firms with scale potential attributable to large and growing markets, TAP also accepts enterprises with well-defined niche leadership strategies. 

TAP considers the following criteria when studying applicants:

  • Clear competitive differentiation, preferably through unique, protected technology

  • Experienced management team and founders committed to recruit needed executives

  • Multi-phased, deliberate plan to launch and grow the business

  • Clear plan to finance operations to consistent profitability

  • High potential for sustainable, scaling revenues and earnings

  • Target market receptive to new entrants

  • Technology beyond the "proof-of-concept"

  • Demonstrable synergies with TAP and the University

  • Commitment to locate substantial operations in Maryland

Detailed Criteria for TAP (pdf)

 
     
  ©2006 Maryland Technology Enterprise Institute, a division of the A. James Clark School of Engineering at the University of Maryland.