Before you select an incubator in Maryland, first understand what an incubator and what they can provide to you. Incubators generally partners or collaborate with universities, colleges, public and private companies and government organization to help startups and early stage business. They aim to provide support like work space, financial help from investors, product development support, marketing strategies and other related support. Working with an incubator allows you to connect with fellow startup founders and other subject matter expertise in various fields. You generally need to stay with an incubator for around 1 to 2 years to get some value. Here is list of top incubators in Maryland:
Betamore is incorporated with a vision to develop Baltimore as a place for entrepreneurs. One of the early pioneers in Baltimore to startup Startups, they have become very popular. They provide entrepreneurs with the required resources and helping them to set up there own business plans. The organisation is membership based for entrepreneurs, startups, innovators, learners and others. The organization goals are to support the next generation entrepreneur in converting their dreams into reality and develop the future of there businesses in Baltimore. They are currently membered with some of the brightest web/mobile startups, entrepreneurs, investors, designers and developers. Betamore also provide with the educational curriculum in technology and entrepreneurship.
Emerging Technology Centers Baltimore
The Emerging Technology Centers(ETC) is a non profit organisation and a venture of Baltimore Development Corporation(BDC). It is incorporated with an objective to carry out business as a technology business incubator. It was incorporated in 1999, with an intention to work with the technology based entrepreneurs of Baltimore. Till date, they have assisted more than 300 + companies out of which 90 percent of companies are retained. These companies have provided employment to more than 2000 people and raised over $1.5 billion in outside investment. They provide a variety of business services for startups and young businesses such as full services , flexible and turnkey project services helping them to grow their business. Experienced staff helps the companies in the better understanding and implementation of the strategic, development and marketing plans along with that companies helped out with the other facility such as financially, arranging the contacts of the companies, colleges, universities and Government contacts and networking opportunities to technology companies at the early as well as mature stages.
Bethesda Green incubator commenced with the programme in year 2009 with a prime focus on the new startups and young business of the Washington, DC region. It is a non profit organisation started by local entrepreneurs: Honest Tea’s Seth Goldman, and Montgomery County council member George Leventhal. They have worked with around 50 companies out of which 70 percent companies have retained.
In 2017, It was relaunched with a new name as Be Green incubators. The new incubator started with the focus on nurturing green, startups with social impact and preferred on the basis of their growth and impact on the society. They assist companies by providing a continuous support through business chain for a tenure of up to 4 years and helping them financially by arranging funds from the partners and investors. The experienced and expertise staff of the organisation helps in building up connection with the local, regional businesses and government agencies along with that opportunities to collaborate with the members and partners companies.
Mtech at UMCP
Mtech is an initiative of the A. James Clark School of Engineering at the University of Maryland and has successfully assisted entrepreneur partners in developing leading technology companies. The company has a working experience of more than 20 years in Maryland and indulge in mentoring of the new startups and young business. The TAP venture partners work on identifying the problem faced by the young startups such as developing business plans, staffing, financing and along with that help them with the required resources to turn their ideas into a successful organisation.
Towson University Incubator
Tu incubator is a venture of Towson University Division of Innovation & Applied Research (DIAR) incorporated with a goal of developing strong links between Towson University and the metropolitan communities. The incubator focus on supporting education based startups. They are indulged in assisting the startup businesses and early stages business to develop successful and competing the competitors in the global economy. TU incubator have taken an initiative of providing the partners with valuable seminars and workshops on the topic relevant to the business world. Through these seminars the venture interact with the other organization, thus can collaborate with the intention of arrangement of the resources to establish a strong business foundation.
JHU Fast Forward
Based in Baltimore, Fast forward is a technology incubator with the support of Johns Hopkins University. It creates a link between resources and founders so that the ideas from startups and young business can be introduced in the marketplace. The organisation hosts various educational programmes and workshops for entrepreneurs on the regular basis to develop skills such as management, planning, pitching and other. The organisation has currently more than 100 startups running successfully with their support. They have venture with experienced industry, well established startups and funding organisation which provide with in-residence mentoring to entrepreneurs. The experienced staff provide the opportunities of funding from investors and support from the federal and state governments. They also provide help in setting up the infrastructure for the startups and contribute in the success of a startups.
Biohealth innovation BHI is a private public partnership which is incorporated as organisation not for profit and works with a prime focus on accelerating biohealth (therapeutic,diagnostic, Medtech, and health IT) commercialization in the BioHealth Capital Region (Maryland, DC and Virginia). They commercialize both public and private early stage organisation. The expert and professional staff work not only with the focus on technology acceleration and commercialisation but along with that also focuses on the growth and success of the organisation. They provide the company with the relevant resources such as providing with the funding from investors, helps in the marketing, provides the sufficient entrepreneurs and workers.