EDA Tech Hubs officials tour Baltimore

Newsletter for September 5, 2024

Baltimore recently had some visitors. Federal officials from the Economic Development Administration made their first stop here since the region was designated one of the country’s 31 Tech Hubs. Baltimore did not receive capital during the first round of funding, but leaders in Baltimore are hopeful for the phase. Keep scrolling to get the details on the tour of the city.

It was also a busy month of leadership changes in the private sector and the government. Learn more about different power moves below.

— Kaela, Technical.ly lead reporter in Baltimore and DC

Baltimore leaders across the government, private sector and academia showed off the region's universities, the coworking space Spark Baltimore and the Museum of Industry.

“It’s great to showcase Baltimore in real time,” said Mark Anthony Thomas, the president and CEO of the Greater Baltimore Committee — the lead organization of the region’s Tech Hub consortium. “For them to truly engage with the ecosystem and see the innovation in person changes what they see as possible.”

How likely is it that Baltimore will land the next phase of funding? The region is “very much aligned” with the EDA program in terms of vision, Tech Hubs Director Eric Smith told reporters.

➡️ Learn more about the visit here

Elana J. Fertig is now the director of the University of Maryland School of Medicine’s Institute for Genome Sciences. She's known for developing predictive medicine using computational methods in cancer research.

There's also a new head of strategic growth at Rekor Systems, a Columbia, Maryland-based engineering company primarily working in transportation solutions.

➡️ Get details on all the latest Baltimore power moves

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➡️Nothing beats direct contact with real people

• A Baltimore man pleaded guilty to killing late tech CEO Pava LaPere. This followed the man pleading guilty to two counts of attempted first-degree murder in a separate case. LaPere, founder of the local startup EcoMap Technologies, left a colossal mark. [Baltimore Biz Journal/Technical.ly]

• The region’s total employment has remained steady over the last five years — and it’s projected to grow 3% in the next five. [Technical.ly]

• The University System of Maryland is accepting applications for its venture capital fellowship. It's open to all students enrolled at a University of Maryland institution. [University System of Maryland]

• Baltimore medical device company BC3 Technologies developed a wound spray that claims to manage serious bleeding, and it's now being distributed by the firm First Aid Only. [Maryland Matters]

• The recent data center conference organized by the Maryland Technology Council at Frederick Community College was met with protestors. The demonstrators focused on a proposed power transmission project that would go from a nuclear power plant in Pennsylvania, through Maryland, to Northern Virginia. [Maryland Matters]

• The clean energy company Constellation in Baltimore is helping Maryland students go to the Maryland Science Center through $850,000 in grants. [Constellation]