Johns Hopkins University Applied Physics Laboratory and the Howard County Economic Development Authority have forged a transfer partnership to market APL-developed technologies.
APL and HCEDA aim to establish new companies that will work to commercialize technologies the partners will pick based on their market potential, Johns Hopkins said Thursday.
Ken Ulman, Howard County executive, said the partnership aims to help create jobs by using new resources.
Howard County’s Maryland Center for Entrepreneurship will work with inventors and provide mentoring, networking and educational services to the resulting startup businesses.
The center aims to help new businesses connect with the regional business ecosystem, APL says.
Ralph Semmel, APL director, said the coalition intends to transition new technologies into the community and marketplace.
Ulman, Semmel and HCEDA CEO Larry Twele signed the agreement and disclosed details of the partnership Thursday at APL, where technologies were also demonstrated.