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Mtech's Mission

    The mission of the Maryland Technology Enterprise Institute (Mtech), a unit of the A. James Clark School of Engineering at the University of Maryland, is to:

    • Educate the next generation of technology entrepreneurs;
    • Create successful technology ventures; and
    • Connect Maryland companies with university resources to help them succeed.

    Mtech has built a comprehensive entrepreneurship and innovation ecosystem at the University of Maryland. Its programs arm top students from around the world with the knowledge of how to successfully launch companies and guide aspiring and existing entrepreneurs through the entire lifecycle of launching and maintaining technology-based ventures.

    Read more about Mtech >





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    ENTREPRENEURSHIP & INNOVATION PROGRAM > Terp Tank

    Honors College

    ENTREPRENEURSHIP & INNOVATION PROGRAM > Terp Tank

    ASPIRE is a grant program for undergraduate researchers working with Clark School faculty on projects with commercial potential

    TERP TANK 2016

    The EIP capstone project is the culmination of two years of study in the program.

    EIP second-semester sophomores work in teams to develop a for-profit business plan that achieves multiple bottom-lines of both profitability and social benefit. These projects address the global necessity to develop and implement solutions to critical social and environmental concerns in ways that are both technologically viable and economically sustainable.

    The capstone project and course culminate in the "Terp Tank" competition, where EIP sophomores preparing to complete the course sequence present their Capstone Projects to a panel of judges for the chance to win cash prizes from supporting sponsors.

    View photos from the 2016 competition

    2016 Participating Ventures

    BarTenders
    Provides nutrient-dense, low-sugar health bars made from unused food which would ordinarily be thrown out, reducing the environmental impact of many restaurants.

    Ceramics for Change
    Sells ceramic water filters to local business owners in the underdeveloped areas of Argentina, where waterborne diseases are a major contributing factor for illnesses and death. Selling these pots creates a sustainable solution to the water issue while supporting local businesses and saving residents money.

    Culture Kitchen
    Is a Mexican restaurant franchise with a social twist. In addition to providing authentic Mexican cuisine, our company employs Limited English Proficiency immigrants, teaches them English, and helps them achieve greater future economic advancement.

    The Culture Shop
    Supports microenterprises in developing countries while increasing cultural awareness and diversity. We build relationships with local craftspeople to provide customers with authentic and unique home accessories. Each piece sold directly benefits the artisans who crafted it, enabling them to grow their microenterprises and escape poverty

    FinTech
    Is an interactive, educational app that teaches millennials financial information that can easily be applied to their personal situations. FinTech aims to increase financial literacy, which will decrease financial dependence on financial advisors, parents, and the Internet.

    Free Wear
    Is a fashion business dedicated to combating recidivism in the U.S. The enterprise recruits ex-convicts into a fashion skills training program, and then employs the best from the program to produce high-quality clothes. These clothes are marketed towards upper-middle-class women, and are suited to the conscious consumer.

    Future First
    Aims to dismantle the effects of the school-to-prison pipeline on our nation’s youth by offering professional development courses on classroom management and alternative disciplines to middle and high school teachers.

    Hao2EDU
    Is the affordable, high-quality link connecting Chinese international students with their dream American education. Our service provides exceptional mentoring at reasonable prices while ensuring that mentees are the prime authors of every application item. We operate with high integrity by working with the client, not for the client.

    HonStorage
    Rents out cooled storage facilities to farmers to help them store their excess produce, which can then be sold at a later time. HonStorage focuses on reducing the amount of food going to waste in developing countries while also providing farmers an opportunity to gain additional revenue.

    A Housing Hand
    Provides matching and land-lording services for the working poor and homeowners in the D.C. metro area. We create opportunities for home seekers to obtain stable, affordable housing and for homeowners to obtain extra income, all while reducing the rate of homelessness in their community.

    Life$tyle
    Is a social media game that allows players to simulate real-life situations and develop financial literacy along the way. Our plan is to alleviate the issue of financial illiteracy among young adults and create a generation of calculated consumers.

    Petsee
    Is an interactive social media app that connects shelter animals with potential foster homes. Users can create personalized profiles to browse, share and save pets that are at risk of euthanization. Petsee focuses on the benefits of creating a higher quality of life for both humans and pets.

    Pinpointer
    Is a mobile and web-based application that provides precise location services for communities lacking address infrastructure in Southeast Asia. We serve as a market intermediary, connecting online businesses and individuals to facilitate delivery processes. Through market expansion, we seek to bring developing communities into the global economy.

    SquadUp
    Is a mobile application that uses the power of groups to promote safety among college students by tracking locations of groups and notifying users when a member is left behind.

    Transcribe
    With growing populations of foreign language speakers, many countries face issues of social integration due to high language barriers. Transcribe aims to empower these individuals by providing an augmented reality platform that aids in language learning and helps foreign speakers achieve language proficiency through realtime translation services.

    uMarket
    Provides online profile training and management services to small businesses that lack the knowledge and/or capability to do so themselves. Through our detailed training modules and active profile management and development, we plan on decreasing the closure rate in our portfolio from the average of 33% to 10%, saving jobs and improving the local economy.

    VR Surgeries
    Is an interactive surgical software solution that allows surgeons to practice procedures on virtual patients with the goal of reducing the likelihood of lethal complications during actual procedures, inpatient mortalities postsurgery and malpractice suits filed. Ultimately, these reductions will allow VR Surgeries to lower hospital malpractice insurance and patient surgery costs.

    2016 Winners

    2016 Judging Panel

    Robert (Bob) Cusack

    Founder and COO,
    Custom Software Systems, Inc.

    Florence Navarro

    Chief Empowerment Officer,
    Empowered Women International

    Adam VanWagner

    Manager, Amazon Web Services
    Co-Founder, MyfridgeRental.com

    2016 Terp Tank Sponsors