Plus, UMBC's in-house founder bench grows.

Newsletter for July 3, 2024

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Before we take a publishing break today and tomorrow, it's worth acknowledging perhaps the biggest story in Baltimore tech these days: The massive consortium behind the regional bid for the Economic Development Administration's Tech Hubs program ultimately didn't get Phase 2 funding.

 

While the companies, industry boosters and agencies behind this figure out the next steps, you can check out our article with some of their leaders' reactions below. You'll also see news about new entrepreneurs-in-residence at UMBC's innovation park, new leadership at The Pava Center and more in our latest Power Moves installment. Take a look before you start your Fourth of July plans, and have a safe Independence Day. 

 

— Sameer, Technical.ly editor for Baltimore and DC 

 

P.S. The start of July means we’re putting together our latest RealLIST Engineers. This annual series recognizes influential technologists and developers whose impact extends beyond their technical prowess and into employee resource groups, meetups, nonprofit boards and all other forms of community involvement. Learn more about our RealLISTs here before checking out past lists and offer your own nominations here.
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'We won by competing'

Ken Malone, the leader of Early Charm Ventures in Pigtown, offered this reflection in response to Baltimore ultimately being left off the latest list of EDA Tech Hubs funding recipients.

 

Several leaders of companies and organizations involved in Baltimore and Philadelphia's regional bids echoed this sentiment — that organizing their bids led to plans that can still take shape — even despite their obvious disappointment. 

 

We'll keep reporting on what happens next for these and other Tech Hub bids, and invite anybody involved to speak with us.

 

➡️  Find more regional tech leaders' thoughts in editor Katie Malone's latest article.

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Meet UMBC's new in-house entrepreneurs

Beyond the Phase 2 funding news, Baltimore had a lot to celebrate last month. For instance, the bwtech@UMBC research park at the University of Maryland, Baltimore County added five regional founders to its roster of entrepreneurs in residence. You might recognize some of them, like Chris Haug, the head of Startup Grind Maryland. 


Beyond Catonsville, the region also saw promotions at The Pava Center, a pair of new directors at Mindgrub and EY recognizing local startup leaders on its Entrepreneur of the Year list. 

 

➡️ Check out more employment news in my latest Baltimore Power Moves.

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📰 News Incubator: What else to know

• Anne Arundel County-based Image Engineering, the entertainment firm behind aerial displays at Baltimore's Artscape and New Year's Eve celebrations, takes drones to the skies again for Fourth of July celebrations. [Technical.ly/Technical.ly/BOPA]

 

• Morgan State VP Willie May said its plans to create an innovation hub with Johns Hopkins and the University of Maryland, Baltimore are stalled because of the EDA's decision this week. [Biz Journal]

 

• Stay cool while you celebrate this weekend: A Code Red Extreme Heat alert is in place Thursday through Sunday. [Baltimore Banner]

 

• New Jersey-based govtech firm Conduent State and Local Solutions Inc. landed a tentative state contract worth almost $20 million to help the Maryland Board of Public Works upgrade its EBT system and prevent fraud. [Baltimore Sun]

 

• State officials report about $1 billion in cannabis sales, both recreational and medicinal since Maryland launched recreational legality in July 2023. [Baltimore Fishbowl]

Sponsored news: Point of interest

Two scientists in a laboratory examine a container; one wears an orange sweater and glasses, the other wears safety glasses, a white lab coat, and purple gloves.

The UM BioPark is a beacon for early-stage technology ventures

The research park’s perfectly matched location and array of startup-supporting resources makes it an invaluable pillar for a growing number of life science startups — and the entire Maryland ecosystem.


🗓️ On the Calendar

• July 12: Startup Grind Maryland's latest virtual Founders Forum focuses on AI's role in fundraising. [Details here]


• July 16: UpSurge Baltimore and the #BaltimoreTech meetup partner for a special joint networking event. [Details here]


• July 17: Baltimore Climate Tech Meetup celebrates its first anniversary. [Details here]


Job market: Find your place

Senior User Experience Designer at Vanguard

Vanguard is currently looking for a skilled and experienced User Experience Designer to join our team in Malvern. As a Senior UX Designer at Vanguard, you will play a crucial role in shaping and...Find out more »

Technical Project Manager at Vanguard

Vanguard’s Institutional Investor Group helps bring investment success to millions of workers who participate in their employer-sponsored retirement plans. From Fortune 500 companies to...Find out more »

Technical Manager – Cloud Security Engineering at Vanguard

Global Risk and Security (GR&S) at Vanguard enables business strategy, protects client and Vanguard interests (e.g., assets and data), and stewards a strong risk culture. Our teams leverage...Find out more »

➡️ Search all open jobs and hiring companies

This Week in Jobs: Get your career cooking with these 22 open tech roles

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