(Photo by Flickr user Ted Eytan, used under a Creative Commons license)
1776, the downtown incubator that typically prides itself on its international network, has set its sights on the regional economy. It announced Monday a new partnership with Montgomery County, which will provide growth opportunities to 1776 startups in exchange for Montgomery County companies getting access to the incubator’s programs.
“By fostering a larger regional innovation corridor, 1776 and Montgomery County are working together to help startups improve quality of life for residents, while also creating an innovation economy that transcends borders,” 1776 cofounder Donna Harris said in a press release. With the partnership, the incubator’s startups will get support from the county’s Department of Economic Development in landing county contracts.
It grew out of previous relationships between several 1776 companies and the county government. TransitScreen, which recently set up a four-by-six-foot screen in a Tysons Corner mall, had announced a partnership with the Mongtomery County Department of Transportation, which unveiled two screens in county buildings in March.
“A product like ours relies heavily on fruitful and productive partnerships with local governments and transit agencies,” TransitScreen CEO Matt Caywood said in the release.
Financial terms of the 1776-Montgomery County partnership were not disclosed.
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