Quantum Chip, Joint Quantum Institute, Kollar Group.

The UM Center for Economic and Entrepreneurship Development (UMCEED)

Mission: To create educational degree programs in high-impact fields to increase workforce readiness. 

Established by law in 2016, UMCEED increases workforce readiness by creating educational degree programs in high-impact fields such as neuroscience, virtual and augmented reality, biomedical devices, data analytics, cybersecurity, quantum technologies, advanced data computing, and information technologies.  

  • The Visiting Fellows in Neuroscience Program, launched in 2021, offers cross-campus training in neuroscience to graduate students at UMB and UMCP. Two cohorts of students have worked with research groups at the opposite campus to acquire new techniques and broaden their training. In Spring 2023, a new cohort will be added.
  • The Colleges of Behavioral and Social Sciences and Computer, Mathematical and Natural Sciences (CMNS) launched a new undergraduate neuroscience major at UMCP in Fall 2020 to train students interested in health care, allied health careers, biomedical industries, and clinical psychology. By Fall 2022, over 300 students were enrolled. The neuroscience major offers rigorous training in the interdisciplinary study of brain and behavior designed to prepare students for a broad range of career paths, including scientific research, medicine, clinical psychology, allied health professions, and science-related government, nonprofit, and private sector employment.
  • In 2021, UMCP’s Colleges of Arts and Humanities and CMNS launched the new bachelor of science and bachelor of arts degree in immersive media design. A unique collaboration between science, technology, engineering, and math (STEM) fields and the arts and humanities, the degree prepares students to be leaders in production of augmented reality, virtual reality, and immersive media design disciplines. First degrees are expected in 2024.
  • Beginning in 2022, a new fund invests in high-growth areas such as quantum technologies, advanced data computing and information technologies, augmented and virtual reality, biomedical devices, cybersecurity, data analytics, and neuroscience.  The Discovery Fund is a early-stage investment fund targeting the development and location of university-created or -sponsored technology companies in Prince George’s County.  The first round of support is earmarked to build a network of quantum businesses tied to groundbreaking UMCP research.

To view UMCEED’s Fiscal Year 2022 Report, click on the image below:

To learn more: UM VENTURES