This group is putting resources behind Baltimore's promising health-tech scene - Baltimore


Mar. 9, 2016 10:40 am

This group is putting resources behind Baltimore’s promising health-tech scene

As part of the VilCap Communities program, Johns Hopkins Technology Ventures and the Abell Foundation are committing to invest at least $50,000 in local health startups.

Hopkins officials mingle at the opening of FastForward East, February 2015.

(Photo by Stephen Babcock)

A group of startup-boosting Baltimore organizations are among the first partners in a new initiative that’s looking to create more venture capital in cities that aren’t New York, Boston and San Francisco.

With VilCap Communities, which is a program of D.C.-based Village Capital, Johns Hopkins Technology Ventures and the Abell Foundation are committing to invest at least $50,000 to help local health startups. The organizations will likely work together to support and help build resources for startups, said Christy Wyskiel, senior advisor to Johns Hopkins President Ronald Daniels.

Baltimore is among 16 cities selected for the initiative, with others including Buffalo, Philadelphia, Chicago, Nashville and D.C. Representatives from each organization are set to gather for a launch event in Salt Lake City on March 18.

VilCap Communities manager Jared Marquette pointed out that about three-quarters of startup capital flows to New York, Boston and the Bay Area.

“We’ve always found it pretty hard to believe 70-75 percent of the talent lives in those cities,” he said, adding that 90 percent of funding goes to white males.

Marquette said Village Capital was initially exposed to Baltimore’s startup community as part of its partner efforts on the Rise of the Rest tour, which stopped in Baltimore in September. The city’s health startup community was identified as being well-positioned, he said.

Rise of the Rest is now a partner in VilCap Communities. At the launch event, AOL cofounder, Revolution investor and Rise of the Rest champion Steve Case will be the keynote speaker.

Village Capital is not initially committing any funds directly. At the launch event, representatives from each of the communities will evaluate each other, and the top two groups will each get $25,000 in unrestricted funding.



Health IT firm Audacious Inquiry lands investment from ABS Capital

ETC is looking to help 6 startups grow. Accelerate Baltimore is back

Wound-tracking startup Tissue Analytics raises $5M Series A



How Think|Stack and Year Up are cultivating local tech talent


Terbium Labs


Apply Now
Owings Mills, Maryland

Mind Over Machines

Consultant (Software Developer)

Apply Now


Data Engineer

Apply Now

This company is prototyping an unmanned health clinic in Baltimore

In 2017, venture capitalists invested more money in fewer startups

Maryland-made breast cancer treatment system gets FDA clearance



Let these free workshops help your business really take off



Front-End Developer

Apply Now
8 Market Pl, Suite #402, Baltimore, MD, 21202


Development Support Engineer

Apply Now
8 Market Pl, Suite #402, Baltimore, MD, 21204

Parabal Inc.

Enterprise Mobility Engineer

Apply Now

Sign-up for regular updates from

Do NOT follow this link or you will be banned from the site!