Tech Crawl East Showcases Baltimore Innovation At Its Best
Walaika Haskins |
Tuesday, September 21, 2010
If anyone still questions Baltimore's bona fides where technology, innovation, and entrepreneurship are concerned,
Tech Crawl East did a lot to answer them.
Marking
its second year, the event -- held at the Morgan Stanley building in
Harbor East last Thursday -- is kind of like speed dating with a
Baltimore spin. Entrepreneurs wait at tables with their technology all
gussied up and business cards at the ready. Interested investors, other
tech businesses, and media-types step onto home plate (literally, giving
the evening its Bmore flavor) to hear a 60-second pitch.
For
young tech companies and investors it's a chance to interact with
multiple potential partners in a relatively quick period of time. And
even if they aren't able to connect with a possible backer,
participating companies gain valuable experience.
"It's an
unusual opportunity to get to pitch to investors for four hours straight.
The act of being there and pitching we think is really helpful to
companies seeking investors," says Brian Sierakowski, a Tech Crawl East
organizer.
While business cards from investors are the surest
sign of a solid presentation, Tech Crawl attendees vote for the evening's
best pitch. This year's winner was a software-as-service registry and
mobile framework for custom location-based service apps called
viaPlace.
"We're really proud to be a part of this," says Michael Raphael, president and chief engineer of
Direct Dimensions,
another participant. "Baltimore is a burgeoning tech community. We did
Tech Crawl Maryland and we won. We're back again this year. We got some
attention and we'll be at (the Greater Baltimore Tech Council's)
TechNite this year." The company came in third this year pitching
ShapeShot, a realistic 3-D facial capture system.
Other standouts at this year's event included Brent Halliburton of
Deconstruct Media. Halliburton has developed a tool that enables web publishers to create their own self-service advertising platform.
In
another sure sign that Baltimore is a real player in the technology
sector, event organizers expanded the scope of Tech Crawl. The inaugural
event, held in 2009 at the Emerging Technology Center (ETC) in Canton,
was only open to companies based in the Baltimore area and largely
showcased the work of current ETC members and alums.
"All the
original goals were still there. We still wanted to showcase local
companies and show what was going on here that's exciting in the
technology scene," says Sierakowski.
"(This year) the idea was to
take the original concept and expand it in every way. We wanted it to
be larger attendance. We wanted more companies. We wanted a wider range
of companies, and really just bring it to the next level," he adds.
According to John Trupiano, a Tech Crawl organizer and president of
SmartLogic Solutions,
the event achieved those goals. About 50 percent of participating
companies were from Baltimore, but Philadelphia and New York City were
also well-represented. One startup, Deep Web Technologies, came all the
way from New Mexico for the chance to meet East Coast investors. An
Israeli company had to back out at the last minute but plans to attend a
future Tech Crawl.
"We had quite a mix of companies with
different sorts of technology. We had about half that were web-based
companies and the other half were different technologies. We had a bunch
of medical companies and gaming companies," Trupiano says.
Overall,
he says, Tech Crawl achieved its purpose. "Almost everybody told me
they made at least a handful of great connections. That's one of the
criteria that we had established. Another thing I noticed was there was a
good 2 hours when you walked up and down those rows and saw that
everyone was talking with someone. They were all engaged."
"That's
the point. You don't want to see the companies just standing around not
talking to anyone. It's an event to pitch, practice your pitch and meet
people who would be relevant to you," he continues.
For fledgling gaming animation and audio company,
Action = Reaction,
the evening was a big boost, proving that the city is full of
opportunity. The startup has developed a next-generation technology that
offers gamers a more realistic, physics-based animation and sound
experience across a wide range of real-time applications.
"We
came out of Johns Hopkins. Most people are frantically looking for jobs.
We created them in Baltimore. That's what events like this help people
do. They hook up with venture capital and other people, and you're able
to keep economic development here. I think if you have more willing
parties on the capital side then we'll have the next Silicon Valley here
if we put effort into it," says the firm's president, Omar Ahmad.
Trupiano says he and the other organizers hope to launch other regional Tech Crawls.
"We
really want to get a playbook put together for the event so that it can
be expanded with a minimal effort. A Tech Crawl West, Tech Crawl South,
it's a cool concept. It's unique. I've never seen another event like
it."
Walaika Haskins is editor-at-large of Bmore Media. She has lived and
worked in Baltimore City for 25 years, taking occasional breaks to live
in Paris, New Orleans and New York City, but she always comes back to
Baltimore.
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Sign up to receive Bmore every week.Photos by Arianne Teeple
1. Action = Reaction Labs LLC Chief Technical Officer Promit Roy demonstrates a product during Tech Crawl East at the new Morgan Stanley building in Fells Point.
2. The Vigilant Medical booth at Tech Crawl East in the new Morgan Stanley building in Fells Point.
3. Tech Crawl East co-organizer John Trupiano, President of SmartLogic Solutions.
4. Tech Crawl East at the new Morgan Stanley building in Fells Point.
5. Tech Crawl East is an opportunity for innovative early stage technology companies from across the east coast to give a 60 second pitch about their product.
6. The Deconstruct Media booth at Tech Crawl East in the new Morgan Stanley building in Fells Point.