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Just miles away from the American capital city, Maryland has the 13th largest real estate market in the United States. The Free State also boasts a healthy economy for professional and business services, generating nearly $60 billion per year. Education, social services, and healthcare closely follow the information technology industry, as evidenced by Maryland’s nearby aerospace, defense, and NASA branches.
Bordered by the Chesapeake Bay in the West, Little America currently produces more than half of the nation’s total supply of blue crabs, along with a steady supply of seafood from the commercial fishing industry. Now more than ever, having a local Maryland phone number is essential to any startup or small business.
Many newer companies take advantage of statewide accelerators and incubators to help their ideas flourish in the competitive market.
The ETC at Baltimore is a coworking space designed to accommodate a wide variety of industries. Current members enjoy access to team coaches as well as HUBzone designated building spaces by the U.S. Small Business Administration. An on-site gym and public Slack channel provide opportunities for entrepreneurs to connect with like-minded individuals.
As an offshoot of the John Hopkins Medical Center, FastForward is an incubator program for startups in biomedical engineering, drug development, and nanotechnology. Funding opportunities and member resources are available to all successful applicants. Sponsorships and turnkey business solutions are an option for well-established enterprises.
Three industries are served by the incubation programs at bwtech: cybersecurity, biology tech, and govtech. Facilities currently include 40,000 square feet of wet lab space, private offices, and on-site catering. Applicants do not need to be UMBC students to apply, although they also retain access to other UMBC resources, including student interns.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry