Talk of tech startups, with good reason, centers largely on what’s happening in Silicon Valley.
But how are other cities across the U.S. — especially in the markets Technical.ly covers in Baltimore, Philadelphia and Brooklyn – developing as locations for technology companies and startups? That was the focus of Technical.ly’s April podcast.
Technical.ly Baltimore’s Andrew Zaleski sat down with reporter Juliana Reyes of Technical.ly Philly and reporter Brady Dale of Technical.ly Brooklyn for this podcast led by Technical.ly editor Christopher Wink.
Some of the Baltimore-specific highlights:
- Don’t forget about Charm City’s big wins. If the health of a startup city is judged by flashy acquisitions, then Baltimore is in good company. Advertising.com, Bill Me Later and Moodlerooms are just three among a list of others. Not to mention cybersecurity company Sourcefire, which was was bought by Cisco Systems in summer 2013 for $2.7 billion.
- What are the anchor institutions? Three main ones readily come to mind. The Emerging Technology Center, which houses early-stage startups and is at 100 percent occupancy for the first time in its 15-year history. The University of Maryland BioPark, which housed biotech and health IT startups and also recently hit 100 percent occupancy. And the Johns Hopkins University, which is getting more involved in the development of early-stage technology in Baltimore with the addition of the FastFoward incubator and its support for the DreamIt Health Baltimore accelerator.
- Baltimore lacks political vision. The state takes every chance it gets to throw money at startups — whether in the form of tax credits or the InvestMaryland fund — but leadership on a local level seems lacking. What angel investor Dave Troy wrote in 2012 — “Baltimore’s civic and governmental leaders have made little to no effort to establish the city on the world stage from a tech entrepreneurship perspective” — seems to still ring true.