UMGC Ventures

UMGC Ventures is a 501(c)3 non-profit organization based in Bethesda, Maryland. It was founded in June 2016 by the University System of Maryland Board of Regents. The organization is committed to supporting the University of Maryland Global Campus (UMGC) by identifying and cultivating revenue-generating projects. UMGC Ventures focuses on fostering innovative businesses within the higher education sector. Through incubation and development, these ventures aim to create financial resources that directly benefit UMGC. These proceeds are then returned to the university's endowment, ensuring UMGC can continue to provide accessible and high-quality education to adult learners both in Maryland and internationally. UMGC Ventures has been recognized for its positive economic impact by the University System of Maryland, receiving certification as a High-Impact Economic Development Activity (HIEDA). This designation highlights the organization's commitment to contributing to the economic growth of both the state and the university system. You can learn more about UMGC Ventures' work and initiatives by visiting their website at umgcventures.org.