“We won by competing.”
Ken Malone, leader of Pigtown’s Early Charm Ventures, made the remarks after Baltimore was ultimately removed from the latest list of EDA Tech Hub funders.
Several leaders of businesses and organizations involved in regional bids in Baltimore and Philadelphia echoed the sentiment, saying that despite the apparent disappointment, plans can still take shape as the bids are organized.
We will continue to report on future developments in these and other Tech Hub bids and will keep all interested parties engaged in the conversation.
➡️ Read more thoughts from local tech leaders in Editor Katie Malone’s latest article.
Meet UMBC’s new intrapreneurs
Beyond the Phase 2 funding news, there was a lot to celebrate in Baltimore last month, including the addition of five local entrepreneurs to its resident roster at the University of Maryland, Baltimore County’s bwtech@UMBC Research Park. Some of them may look familiar, including Chris Haug, president of Startup Grind Maryland.
Beyond Catonsville, other happenings in the region included promotions at the Pava Center, the appointment of two new directors at MindGrab and EY recognizing local startup leaders on its “Entrepreneur of the Year” list.
➡️ Check out the latest Baltimore Power Moves for more employment news.
News Incubator: What else do you need to know today?
• Anne Arundel County-based Image Engineering, an entertainment company that creates aerial displays for Baltimore’s Artscape and New Year’s Eve celebrations, will once again send drones into the sky for Independence Day celebrations. [Technical.ly/Technical.ly/BOPA]
• Morgan State University Vice President Willie May said plans to establish an innovation hub with Johns Hopkins University and the University of Maryland, Baltimore, have been stalled by the EDA’s decision this week. [Biz Journal]
• Stay cool this weekend: A Code Red heat warning is in effect from Thursday through Sunday. [Baltimore Banner]
• New Jersey-based government tech company Conduent State and Local Solutions Inc. has been awarded a tentative state contract worth about $20 million to help upgrade the Maryland Public Utilities Commission’s EBT system and prevent fraud. [Baltimore Sun]
• State officials report that since Maryland began recreational legalization in July 2023, cannabis sales for both recreational and medical purposes have reached nearly $1 billion. [Baltimore Fishbowl]
🗓️ Calendar
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