U.S.-Russia Innovation Corridor Hosts Biotech and IT Startups

U.S.-Russia Innovation Corridor Hosts Biotech and IT StartupsFurthering a commitment to bilateral innovation, a delegation of five biomedical and information technology companies from the University of Nizhny Novgorod visited the University of Maryland on October 16-25 under the auspices of the U.S.-Russia Innovation Corridor.

Furthering a commitment to bilateral innovation, a delegation of five biomedical and information technology companies from the University of Nizhny Novgorod visited the University of Maryland on October 16-25 under the auspices of the U.S.-Russia Innovation Corridor. The companies participated in the first region-to-region visit of Russian startups under the program since UMD and UNN signed a Memorandum of Understanding in April 2013 to deepen ties in the biomedical industry. Representatives from the startups tapped into the resources of the Maryland International Incubator (MI2) at UMD and the tech communities of Maryland and Washington to explore commercialization opportunities in the U.S. market. During the visit, the companies demonstrated their innovative technologies, attended bootcamp and crowdfunding sessions, and learned about U.S. intellectual property protection from investors, entrepreneurs, and UMD tech transfer leaders...