The Mid-Atlantic Technology, Research and Innovation Center (MATRIC) is an independent, nonprofit, 501(c)(3) corporation headquartered in West Virginia. World-class scientists in the areas of chemical and environmental technologies, health and life sciences, and advanced engineering systems partner with higher education, industry, and government to conduct life-changing research and development and to commercialize resulting products and services. With superior leadership from a quality professional management team, a committed board of directors, and an outstanding technical staff, MATRIC is well positioned to make an impact locally, nationally, and internationally.
MATRIC also offers R&D and technical services of a commercial nature through its wholly owned for-profit subsidiary, Mid-Atlantic Commercial Research (MCR). Through this arrangement, MATRIC capabilities are made available to meet a wide variety of industrial customer needs.
Mission
To create high-quality, life-changing science and technology and develop spin-off businesses that will bring technology advances to the market.
Vision
To become a leading non-profit research center with a major local, national and international economic impact from created technologies.
Business Model
As a nonprofit organization, MATRIC does not have stockholders or investors. All retained earnings will be used to fund the growth of the organization.
As research projects are performed, it is our intention to develop intellectual property that will have commercial applications. The commercialization of this technology, either through licensing arrangements, outright sale, or spin-off of new companies, will generate income that will be used to reduce company overhead.
Retained earnings will also be used to fund internal R&D projects to investigate new concepts and growth areas for the company.
Strategic Objectives
After starting with a single employee in mid-2004, MATRIC has now grown to more than 70 employees, with plans to reach a size of several hundred within a few years.
MATRIC will have offices and R&D locations throughout West Virginia and the Mid-Atlantic region, to better interact with a wide range of customers and partners.
MATRIC will continue to have primary areas of technical focus, and it is expected that these areas will grow and develop in new directions as the company grows in size.
It is our firm intention for MATRIC to be a preferred supplier of high-quality and high-value R&D services to a growing collection of customers and partners in academia, industry and government.
Working With MATRIC
We will work with you on the following steps to begin a research partnership.
- Project Definition: We will meet with you to define your project.
- Research Proposal: We will prepare a proposal for your evaluation.
- Begin Research: When the proposal is approved, we will assemble an experienced team to conduct your research and analyze the findings.
- Provide Ongoing Support: We will continue to work with you after we deliver your report so you will get the most value out of the research finding.
MATRIC is listed on the GSA Schedule and has experience in working with academic, industrial and government organizations.
MATRIC's project work with commercial clients is performed through our Mid-Atlantic Commercial Research (MCR) subsidiary. See additional information on working with MCR, and contact us with any questions on potential projects.