News Releases

Environmental entrepreneurs complete first semester of program that brings students and business leaders together at Institute of Marine and Environmental Technology

BALTIMORE, MD (December 16, 2014)—Graduate students at the Institute of Marine and Environmental Technology (IMET) in Baltimore’s Inner Harbor recently completed the first semester of an entrepreneurial boot camp focusing on basic business principles, venture capital and entrepreneurism. The Ratcliffe Environmental Entrepreneurs Fellowship Program was established in June 2014 with funding from the Philip E. and Carole R. Ratcliffe Foundation to help young scientists cultivate the leadership and business skills necessary to bring their bench research into commercial markets.

BALTIMORE, MD (July 10, 2014)--The Philip E. and Carole R. Ratcliffe Foundation has awarded the Institute of Marine and Environmental Technology (IMET) in Baltimore a three-year, $600,000 grant to initiate the Ratcliffe Environmental Entrepreneurs Fellowship Program. This new effort has been formed to help young scientists cultivate the leadership and business skills necessary to bring their bench research into commercial markets.

BALTIMORE, MD (April 17, 2014)--Algae from the Chesapeake Bay could be key to reducing greenhouse gas emissions from power plants. The University of Maryland Center for Environmental Science’s Institute of Marine and EnvironmentalTechnology (IMET) has been named a winner in the first round of the Change and Emissions Management Corporation (CCEMC)’s $35 million international Grand Challenge: Innovative Carbon Uses for its work in using algae to capture carbon dioxide.