These 7 leading Baltimore tech orgs just got BDC funding - Technical.ly Baltimore

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Nov. 30, 2016 12:57 pm

These 7 leading Baltimore tech orgs just got BDC funding

The $575,000 from the Baltimore Development Corporation Innovation Fund went to organizations that support startups — especially diverse ones.

Mayor Stephanie Rawlings-Blake with tech community leaders including Social Innovation Lab Director Darius Graham, Impact Hub Baltimore's Rodney Foxworth and Michelle Geiss, ETC President Deb Tillett, Johns Hopkins Senior Advisor to the President Christy Wyskiel, Conscious Venture Labs' Jeff Cherry, Betamore CEO Jen Meyer, Greg Cangialosi of Betamore and Baltimore Angels and Innovation Village Chairman Richard May.

(Photo courtesy Mark Dennis/Baltimore City

Mayor Stephanie Rawlings-Blake stood surrounded by leaders of the Baltimore tech community as she began her weekly news conference at City Hall on Wednesday morning.

There, she unveiled $575,000 in new funding from the Baltimore Development Corporation Innovation Fund, specifically aimed at retaining and attracting tech and innovation companies. Rawlings-Blake first announced plans for the fund last year.

“This fund is a catalyst for further entrepreneurship, and I think it is one of the hallmarks of what BDC is doing,” Rawlings-Blake said at what is expected to be her final press conference as mayor. “It’s not just money that is going out the door but the way they’re using that to add strength to some of our emerging businesses in the city.”

Diversity is another key aim, as many of the awards set aside specific percentages to go to women- and minority-owned businesses. The one-time funds are also going to organizations looking to build on efforts to spur social entrepreneurship and create startups in West Baltimore.

Here’s the breakdown of the seven orgs that won awards, via the city:

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