Not rendering correctly? View this email as a web page here. May 6, 2022

Can Charm City stay charming through growth? If so, how? 

 
That aforelinked song, by a handful of well-established local musicians, is actually relevant to today's newsletter in a few ways. I had the pleasure of seeing that song performed live last night, at the new and still-unfinished Lexington Market. The occasion was a party for probably about 150 people during Amplify 2022, the rebranded name for local civic and business booster Baltimore Homecoming's annual convening. 
 
Hearing this song performed around leaders of major local institutions had me thinking more about a recurring theme in these newsletters: the idea that Baltimore, by leveraging its different stakeholders and communities, could maybe transform in a uniquely sustainable and equitable way. Maybe, just maybe, Baltimore has the power within to be more than the awful images of poverty, crime and corruption that ground landmark TV series and Annapolis politicians' fearmongering alike. 
 
I'm also admittedly thinking about it because I'm headed to Philadelphia next week for Technical.ly's signature Philly Tech Week (which actually kicks off today in the metaverse!) and Introduced conference. In Philly, I've seen how economic boosters and their supporters rallied around one amazing city and transformed it in ways that are still taking shape, and I think it could happen even more equitably in Baltimore. But what would that take that isn't happening right now? 
 
Think on it, and let me know your beliefs by replying to this email or sending a note to . In the meantime, here's some local tech and business news you might've missed: 
  • The aforementioned Baltimore Homecoming's last day today involves several presentations from local technologists, as well as the annual Crab Tank pitch competition. The latter event's competitor WhitePaw RunMitts, apparently one of two Black-owned outdoor gear companies in the US, won the top prize of $25,000 and an additional people's choice award worth $2,500.
  • State-created economic engine TEDCO yesterday reaffirmed its commitment to diversity, equity and inclusion in Maryland's tech world. This involves several new and initiatives, including a webpage, diversity rider and company registration process that involves collecting race and ethnicity data.
  • Technical.ly reporter Donte Kirby wrote this tweet thread breaking down how he reported his FOIA request-driven look at the City's $10 million spending after the 2019 ransomware attack. 
  • Earlier today, Galen Robotics hosted its first open house at its 1100 Wicomico HQ in Pigtown. The biotech company and Johns Hopkins spinout invited Mayor Brandon Scott, local tech and business development leaders and the broader community to experience its newest generation of surgical robots. 
  • Come Tuesday, the University of Maryland will open its latest building, the E.A. Fernandez IDEA Factory. While the building is on UMD's College Park campus, its focus on engineering and entrepreneurship reflects an ongoing commitment to innovation and commercial opportunity that the state university system has also pursued through initiatives (for instance, UM Ventures) that affect its major medical campus in Baltimore. 
  • The Mid-Atlantic Gigabit Innovation Collaboratory (MAGIC) of Westminster, Maryland, on Monday announced its sponsorship of Innovators of Progress. The latter organization, which produces a pre-accelerator program for full-time student entrepreneurs, can now raise funds for its programming under MAGIC's nonprofit status. 
    • As part of this exchange, Innovators of Progress Executive Director Markus Proctor has joined MAGIC's board. 
  • According to The Baltimore Sun, local apparel giant Under Armour's stock dove to a share value of $10.90. The company is still pursuing a multiyear growth plan amid supply chain- and COVID-related challenges.
  •  A union consisting of over 150 Laurel Park and Pimlico Race Course workers ratified a new three-year contract with the Maryland Jockey Club. The contract, which provides certain workers with better health benefits and wages, was agreed upon barely two weeks before the Preakness Stakes returns to Pimlico on May 21. 

Technical.ly editor Sameer Rao ([email protected])

 

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