Fischell Institute and MPower Entrepreneurship Fellowship
Award Details:
- Sponsored project(s) utilize technology developed at the University of Maryland, College Park or University of Maryland, Baltimore.
- The sponsored project(s) can be a continuation of a senior capstone project.
- Funding is awarded for one or two year
The fellowship is open to students graduating from engineering, pharmacy, or related STEM programs.
Benefits include:
- Tuition remission for M.Eng. courses (pending M.Eng. acceptance) and a fellowship stipend
- Access to dedicated lab space and material support for prototype development
- Connections with industry and regulatory professionals
- Guidance in commercializing a device with the Fischell Foundry
Phase I: Application Form (Due March 8, 2026 by 11:59 p.m.)
Application requirements include your: Resume, Statement of Purpose, Business Plan, Transcript, and Two letters of Recommendations
Please note that there is no maximum or minimum word count for the statement of purpose or business plan.
Business plans should answer the following:
- What is the unmet clinical need that your idea/product will address?
- What is the societal impact of your idea/ product? How is the idea/product unique?
- What technology will be used, and how do you envision manufacturing the product?
- Which regulatory pathway do you expect to take?
Applicants who do not have a current project or product for which they would like to submit a business plan may instead write a business plan for a relevant existing product in their area of interest.
Phase 2: Business/Medical Device idea Pitch (invitation only)
For those selected, you will submit and present a 15 to 20 minute business pitch of your idea in-person to the Fischell Foundry.
You must send your presentation at least 48 hours in advance to fischellinstitute@umd.edu
Phase 3: Acceptance
Upon acceptance into the fellowship, students are expected to also apply and be accepted into the M. Eng program.
Questions?
If you have questions about the fellowship or the application process, please contact the Fischell Institute
Use Fischell Institute and MPower Entrepreneurship Fellowship to…
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Launch my venture
Students who pursue a Master of Engineering (M.Eng.) degrees can apply for the Fischell Institute and MPower Entrepreneurship Fellowship to pursue their medical device ideas and turn their ideas into prototypes and potentially launch commercial ventures.