By: Ben Mook

The HemoGrip bandage, used to stop traumatic bleeding was one of 16 products to receive funding through the MIPS program.
The Maryland Industrial Partnerships Program, or MIPS, just announced the recipients of its 47th round of financing to support university-based research projects across the state.
This round’s recipients include $256,362 for Princess Anne-based Luke’s Premier Foods,LLC and Jurgen G. Schwarz, director agriculture, food and resource sciences, University of Maryland, Eastern Shore, to develop and test what will be a mobile tomato processing facility to turn heirloom tomatoes into tomato “nectar.”
Another recipient is College Park-based Remedium Technologies Inc. and Srinivasa Raghavan, professor, chemical and biomolecular Engineering, University of Maryland, College Park, who got $103,950 to develop HemoGrip (pictured above) a hemostatic bandage designed to stop traumatic bleeding while also providing an antibacterial barrier.
Another grant includes $698,000 to sports apparel company Under Armour to conduct “a biomechanical and physiological assessment of running and comparing the differences between traditional and new running shoes.”
Altogether, the program is providing $3.7 million in funding for 16 projects.
In the past, the program, which was started in 1987, has provided funding for products that have hit the market including Black & Decker’s Bullet Speed Tip masonry drill bit and the Omega 3 oils utilized by Martek Biosciences. The program is credited with funding products that have generated $21.6 billion in revenue.
“As Maryland transitions into the new economy, programs like MIPS are proof that by investing in innovation, we can move forward by creating high-tech jobs,” said Gov. Martin O’Malley, in a prepared statement. “Together, we can continue to make the choices that spur innovation, choices that promote education and achievement, and choices that advance the creative capacity of our people.”
After the jump, a listing from the press release of all the projects that got grants.