The Department of Business and Economic Development of Maryland announced that Plasmonix Inc., a life sciences company based at bwtech@UMBC Research & Technology Park, received $100,000 from the startup funding initiative.
Plasmonix, based at the UMBC Bio Park, is a nano-materials company focusing on Assay Enhancement Products for the Life Science Industry. “Plasmonix is grateful for the continued support from the Maryland Venture Fund and the Department of Business and Economic Development,” said William Gust, president and CEO of Plasmonix. “These funds are critically important to the ongoing development and commercialization of Plasmonix’s technology and we would not be where we are today without this support. We hope to repay the confidence demonstrated in Plasmonix by adding jobs and growing the company here in Maryland.”
Plasmonix was also recently awardee with a $100,000 MIPS Award (Maryland Industrial Partnership Award). The award is to support ongoing collaboration between CFS (The Center for Fluorescence Spectroscopy at the University of Maryland, Baltimore and Plasmonix to develop and commercialize products utilizing approaches developed by CFS in the area of Metal-Enhanced Fluorescence, Plasmonix’s platform technology. More information regarding the MIPS program can be found at HTTP://WWW.MIPS.UMD.EDU/.