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Security Firm Targets Small Biz

RBtec Perimeter Security Systems is known for providing protection at US military bases, US borders, federal prisons and industries' oil and gas pipelines and refineries. Now, the electronic detection and security company, the American counterpart to an Israeli company, is entering a new market. It is targeting small- and medium-sized businesses with an electronic protection product for fences.
 
Business Development Manager Dori Ribak says the yet-to-be named product is intended for businesses like car dealerships and other commercial operations that need to protect valuable assets left outside. RBtec's product consists of sensor cables that are attached to an existing fence and can detect vibrations of anyone trying to climb, lift or damage the fence. The cables are connected to an existing alarm system.
 
The kit has 1,000 feet of sensor cable, analyzer, power supply and instructions for self-installation for $3,800. “In essence, you are turning a fence into a ‘smart’ fence,” says Ribak.
 
RBtec is a sister company of the Israeli company of the same name whose clients include Ben Gurion International Airport in Tel Aviv. The American company entered the US market in 2000 but did not open its Derwood office until 2008. The office serves the North American and Latin American markets. It installs security systems around perimeters, both on the ground and underground.
 
In the US, Ribak says the company works on the federal level with military bases, border protection and power plants. It secures airports for the Transportation Security Administration and federal prisons for the Federal Bureau of Prisons. On the state level, it protects a reservoir for the state of New York and a gas utility for Virginia. It also works with private clients, such as Rancho Mirage Condominiums in California.
 
Although RBtec has clients in states around the US, it does not have any contracts with Maryland. Ribak says he is negotiating with the Maryland Department of Corrections for perimeter security around correctional facilities.

RBtec is privately funded and has five employees. However, with the new product, Ribak is looking for local installers and integrators if the property-owners choose not to install it themselves.

Source: Dori Ribak, RBtec Perimeter Security Systems
Writer: Barbara Pash
 
 

Political Strategy Game Pits Obama Vs. Romney

Exis Interactive has built a business helping Warner Brothers, LucasArts and other companies develop video games. This month, the nine-year-old TowsonGlobal Business Incubator company is trying something new. 

For the first time, it made and released a product of its own, a political strategy game called “Execuforce" that involves President Barack Obama and former Gov. and Presidential hopeful Mitt Romney. Participants role-play Presidents Obama, Bill Clinton, Ronald Reagan or former Gov. Mitt Romney to travel to distant planets and prevent aliens from destroying Earth.

For $20, the game is downloadable from its website. Exis Interactive Founder Peter Kojesta says it usually works for larger companies on the graphics for their games, including Warner Brothers' "Fear 3" and LucasArts' "Fracture".  Northrop Grumman Corp. and General Dynamics Corp. are also among its clients. 

There is no lack of games related to politics, but they “get into the minutiae of government,” he says. "Execuforce" is a multi-player game that does so entertainingly. 

Calling the game “a labor of love,” Kojesta says it took Exis Interactive three years to develop because it had to build the game technology from scratch while working on other projects.

Exis Interactive has four staffers, including Kojesta, all of whom have known each other since high school. He describes the company as the “epitome of the American dream,” he says. “We have team members who came here as immigrants and we have members who’ve been in the military. We feel it is important to talk about politics but to do so in a fun way.”

Half of the proceeds from its sale are being split evenly between the Obama’s Democratic Party presidential campaign and the Wounded Warrior Project, a nonprofit that benefits American soldiers. The game will remain on the website beyond the November election for an undetermined period of time.

Source: Peter Kojesta, Exis Interactive
Writer: Barbara Pash
 


Competition Awarding $150K to Startups

If you’ve got a great idea, AccelerateBaltimore wants to hear from you. Sponsored by Baltimore City and the Emerging Technology Centers, the second AccelerateBaltimore has funding for six companies that can move from an idea to a product in 13 weeks.
 
Applications are available online through Nov. 30. The Abell Foundation is the funding partner, providing $25,000 per winner, who receive free working space, legal help and access to all services at either of the two centers in Canton or Hopkins/Eastern, for 13 weeks. 
 
The Emerging Technology Centers (ETC) held the first AccelerateBaltimore last April. It was the first such event in the state and the first in the City of Baltimore. There were four winning companies out of 40 applicants.  Winners of the first AccelerateBaltimore were social networking firm Kithly, NewsUp, NoBadGift.com and Unbound Concepts. Publicity about the competition was limited, says ETC Director Deborah Tillett, but there will be a major effort this time to reach out locally and nationally to potential applicants via the incubator network. 
 
“Accelerates are the next evolution in startup cultures,” she says. “One of the most important things for entrepreneurs and small businesses is access to capital. This is a real shot at that. The $25,000 can put you over the edge.”
 
Applicants do not have to be Baltimore-based and if they win, they do not have to stay in Baltimore after Accelerate ends.  A panel will narrow applicants to 12, who will be invited for in-person interviews. Winners will be announced on Jan. 7, begin working in the Center of their choice in February and have a viable technology product ready by the end of May.  
 
At Accelerate’s conclusion, the six winning companies will pitch their product to a group of investors.
 
Although Accelerate is open to all start-ups, Tillett says they have to use modern technology to create new business solutions. ‘They have to end up with an actual product,” she says, noting that having the technical co-founder of the start-up as part of the company team makes that result more likely.
 

 
Source: Deborah Tillett, Emerging Technology Centers
Writer: Barbara Pash

SpotCrime Expanding Into New Markets

SpotCrime has created a new mobile app and says it is negotiating deals with billion-dollar companies to expand into new markets.

Hatched in Baltimore's Emerging Technology Center, the downtown Baltimore company is currently negotiating partnerships with national TV and data distribution companies. SpotCrime President Colin Drane could not name them but says they are “billion-dollar companies that reach millions of people.”

The Baltimore crime mapping company is an online source of crime information. It features news, statistics and real-time maps for arson, assault, burglary, robbery, shooting, theft and vandalism localized for sites around the country.
 
Launched last month, the new product came out two weeks ago, says Drane. It is a website app, a mobile page for its website, that Drane calls “fairly simple technology" but a great way to represent its data.

Within the past two months, SpotCrime has also expanded its market via its partnerships with two broadcast companies that carry its crime data on their websites.
 
At Gannett Co., SpotCrime went from three stations to 20; at Sinclair Broadcasting Group, from two stations to four. The additional Sinclair stations are located in Austin, Tx., and West Palm Beach, Fl. SpotCrime also has a presence on Baltimore’s WBFF-TV Fox 45's website.
 
The website app works like an application for an iPhone or iPad but does not have to be downloaded. “Before the iPhone had an app store, we had the first app, which was a web page on the iPhone. We are returning to our roots and creating a website app,” says Drane.
 
Founded in 2007, SpotCrime has three full-time employees and a technical team of four staffers.
 
People can sign up for free e-mail crime alerts via the company’s website. SpotCrime sends out nearly five million personalized crime alerts per month around the country. 
 
 
Source: Colin Drane, SpotCrime
Writer: Barbara Pash

Software Firm Moves Into Bigger Digs In Canton

Software firm 6th Street Commerce has moved into a larger office in the Emerging Technology Center at Canton. The move, to a space twice the size of its previous quarters, was made to accommodate current expansion and future growth. The e-commerce company is in the process of hiring up to six key staffers "as quickly as possible," says 6th Street Vice President of Marketing David Anderson.

Anderson says the company is looking for a Chief Technology Officer, web designer-developer and staffers in sales and marketing and in accounting. "We want to grow out sales and marketing team," he says.

The company has been housed at the Canton ETC since its founding in 2008. Anderson says the location has offered flexibility in accommodating its relocation into larger quarters and for its business support. He calls the ETC a "great place for a young company."

6th Street Commerce is introducing a new version of its e-commerce software this month, Saleswarp, intended for mid- to large-size retailers to manage their online and backend operations. The new version of Saleswarp has expanded customer management features and a redesigned user interface, says Anderson.

Saleswarp was launched last year and is the company's sole product. The enterprise product helps companies increase sales and decrease operating costs. Anderson says it helps retailers manage orders, product and suppliers across one to multiple stores. 
 
Anderson says the company recently acquired two new clients in the national and international fashion industry whose names he was not at liberty to announce yet. Among clients listed on its website are First Book Marketplace, a non-profit book buying group for students and teachers; Crafts2u, an online craft store; and Forest Hill Lacross, a new league.

He also says that Saleswarp is now being marketed to web design firms and system integrators to help retailers develop a web presence.
  
6th Street Commerce won the 2012 Maryland Incubator Award in the information technology category.
 
Source: David Anderson, 6th Street Commerce
Writer: Barbara Pash
 

Biotech Firm Fyodor to Begin Trials for Malaria Test

Fyodor Biotechnology Inc. expects to complete human trials on its product to detect malaria next year, with commercial production to begin in 2014. The Baltimore biotech firm is also in the planning stages for a second product, a variation of the first, that should be ready for production by 2015. The tests are significant for diagnosis and treatment of an illness that is endemic in developing countries around the world. 

"The tests will be revolutionary in malaria circles," says Eddy Agbo, CEO and chairman of the board of Fyodor, which has established a global network of malaria health professionals.

Fyodor Biotechnology is working with partners who will manufacture and distribute the tests, which will be sold to government and non-government organizations like the World Health Organization, travelers and the military. The tests are for citizens and visitors to countries in the "frontier" market, aka developing countries.

The University of Maryland School of Medicine is conducting the human trials on the first product in Nigeria and Mali. The Urine Malaria Test is the first urine-based test geared to the type of malaria seen in Africa, the Caribbean and South America. The second product will detect the malaria strain found in Asia, China and India. It, too, is the first urine-based test for this malarial type and human trials will also be conducted.  
 
The human trials are required to obtain approval from the US. Food and Drug Administration. While FDA approval is not necessary to sell the products in other countries, it validates them, Agbo says. 
 
Agbo says the tests resulted from Johns Hopkins University’s global health initiative. Using technology that came out of the initiative, Fyodor created a one-step test that is accurate, easy to use, and quick. Test results are available within 20 minutes.
 
Founded in 2008, Fyodor was initially housed in the University of Maryland BioInnovation Center. It subsequently moved to the University of Maryland BioPark where, in July, it relocated from a 700-square foot space to a 2,000-square foot space.
 
The company is doubling its staff, from its current three full-time employees to hiring another three full-time employees by 2013 with expertise in chemistry and recumbent DNA technology. It is also looking for several part-time employees and interns who are familiar with biology, chemistry and laboratory procedures.
 
So far, Fyodor has attracted a total of $2 million in state and federal grants and from private investors, including Maryland Technology Development Corp. and the National Science Foundation (NSF). In August, NSF awarded the company a grant of $476,000 to continue its research.
 
Source: Eddy Agbo, Fyodor Biotechnology
Writer: Barbara Pash

Anne Arundel County Manufacturer Moves Into Bigger Digs

SemaConnect Inc., a manufacturer of electric vehicle charging stations, has moved from an Anne Arundel County incubator to new headquarters in a business park in Bowie. The relocation last month from the Chesapeake Innovation Center in Annapolis to an 8,000-square foot facility in Melford Business Park more than triples the size of its office. It allows SemaConnect to have its business and manufacturing operations under one roof for the first time and to continue its market expansion. 
 
Founded in 2008, SemaConnect’s station is web-based, wired into a 240-volt electrical source and can be mounted on a wall or pedestal. The company moved into the incubator in 2010, after having developed its first product and winning a federal contract administered by the state of Maryland and the Baltimore Electric Vehicle Initiative to build and install 58 electric vehicle stations around the state.
 
By 2012, SemaConnect has manufactured and sold almost 100 electric vehicle stations in Maryland and almost 500 stations across the US, from Washington, D.C., to Hawaii, according to Naly Yang, director of marketing.
 
Since 2010, when nearly all sales were to public entities like the state of Maryland, the number of private entities buying stations has grown. It started as a free program the state of Maryland was running. Now, says Yang, a lot of businesses like commercial real estate developers and hotels are interested in having a charging station as a way to promote themselves. The station owners determine what, if anything, they will charge for the stations’ use.
 
SemaConnect was recently commissioned to produce 1,500 stations for major retail sites across the U.S. like Walgreens and Simon Properties. This year, too, it is expanding its market to Canada, starting with British Columbia.
 
SemaConnect went from four staffers in 2010 to its current 25 employees, including a national sales team. Yang says the company is the third largest manufacturer of charging stations in the US based on the number of stations deployed.
 
Source: Naly Yang, SemaConnect
Writer: Barbara Pash

Tech Networking Group Startup Grind Launches in Baltimore

Start Up Grind, an international community of entrepreneurs and investors, makes its debut this month in Baltimore. Loyola University of Maryland and Wasabi Venture are inaugurating the group here for monthly meetings, open to everyone interested in technology and startups.
 
The first local Start Up Grind will take place Sept. 18 from 6 to 9 p.m. at Loyola University, 4501 North Charles St., in the Student Center’s fourth floor programming room. Brian Razzaque, CEO and inventor of SocialToaster, is the guest speaker.
 
“We were interested in the concept of getting entrepreneurs together, and Start Up Grind is also a way for us to be involved in that community,” said Kendall Ryan, director of events and outreach for Wasabi Ventures. The group serves as an outlet for entprepreneurs who want to network, brainstorm and offer feedback with one another. 
 
Start Up Grind began last year in Silicon Valley and has grown into an organization with chapters in more than a dozen cities in the U.S. and in countries ranging from Australia to the Union of South Africa. Ryan says that Start Up Grind Baltimore will host a monthly event although an October date has not yet been chosen.
 
Fee ranges from $10 (with early-bird registration) to $20 per person. The event is free to Loyola University undergraduates and graduates. Ryan says the reception so far has been enthusiastic and she expects at least 150 people at the first event.
 
Start Up Grind Baltimore joins another group that gives local entrepreneurs an opportunity to get together. Baltimore Tech Breakfast began last year as a casual get-together for about a dozen people and has since grown to a list of 1,000.
 
Ron Schmelzer, president of the tech company, Bizelo and founder of Baltimore Tech Breakfast, says about 250 people usually attend the monthly event. Meetings are held the last Wednesday of the month except for this month, when the meeting will be on Sept. 27. Meetings are free but pre-registration is required. 
 
Schmelzer says he started Baltimore Tech Breakfast as a way “to help increase the momentum of technology in Baltimore.” The group is not associated with any organization. Participants are invited to give short, three-minute talks about their companies.
 
Sources: Kendall Ryan, Wasabi Ventures; Ron Schmelzer, Bizelo
Writer: Barbara Pash
 

Baltimore City Incubators Enroll New Companies

The Emerging Technology Centers at Canton and Johns Hopkins/Eastern enrolled three new companies in July. They are ADASHI, Canterbury Road Partners and Diagnostic Biochips. ADASHI offers a software platform to network emergency management systems. Canterbury Road Partners is a public/private partnership to help research institutions with technology transfer. Diagnostis Biochips is a life sciences company.
 
The ETCs have enrolled 18 companies in total since the beginning of the year and are on track to enroll 30 new tenants, its annual average, by the end of the year. That is according to Fulya Gursel, marketing manager for the Baltimore Development Corp.-led incubators. 
 
There are currently 27 tenants at the Canton incubator and 34 tenants at the Eastern incubator. In addition, the ETCs have 29 affiliates, which don’t occupy a physical space in the facilities but use their services.
 
Gursel says that as a technology incubator, the ETCs attract a variety of entrepreneurs, including software, hardware, mobile apps, life science and medical devices. Lately, the majority have been mobile apps and web solutions, she says. However, the incubators have programs that attract medical device/life science entrepreneurs as well.
 
 “We’re getting a lot of new, young start-ups by talented entrepreneurs who are passionate about their ideas," Gursel says. "It shows the strength of the Baltimore tech scene.”
 
Since 2012, the following new companies have joined the ETCs:
Right Source Marketing
Juxtopia/JUICE Lab
Mobile Tennis Training Tech LLC
Ark Science
Foodem.com
Rowdy Orbit
Graphtrack, Inc
Tame Social Mahem
Hoopla.com
NoBadGift.com
Bolster Labs
Linkletter
Pluck
Cruse Technologies LLC
Unbound Concepts LLC
Solar Systems Express
FUNR Gaming
Amplofi
Canterbury Road Partners
Adashi
Diagnostic Biochips
 
Source: Fulya Gursel, Emerging  Technology Centers
Writer: Barbara Pash
 


O'Malley Could Lead Trade Mission To Israel and Jordan

Gov. Martin O’Malley may lead a trade mission to Israel and Jordan at the end of this year to encourage trade between Maryland and the Middle Eastern nations.

While in Israel, O’Malley would split his time between Tel Aviv and Jerusalem, where he would likely meet Israeli Prime Minister Benjamin Netanyahu, the Israeli Minister of Trade and Industry and other officials, according to the Maryland/Israel Development Center (MIDC). He would also tour leading businesses such as Israel Aerospace Industries, whose subsidiary, ELTA North America, opened its American headquarters in Howard County in April. O'Malley could spend three business days each in Israel and in Jordan from Nov. 24 to Dec. 3, MIDC Executive Director Barry Bogage says. 

Gov. O'Malley spokeswoman Raquel Guillory says the trip is "being considered" and his participation is not yet confirmed.  

The Maryland/Israel Development Center, the Baltimore Jewish Council, the Jewish Community Relations Council of Greater Washington and the Maryland Department of Economic and Business Development would organize the trip. The first two are both agencies of the Associated: Jewish Community Federation of Baltimore.

MIDC Executive Director Barry Bogage is arranging the agenda and recruiting interested Maryland entrepreneurs and executives who want to join the trip at their own cost. He is working with Israeli government officials and business leaders and with the U.S. Embassy to coordinate the Israeli trip while the Baltimore Jewish Council is working with Jordanian officials for that portion.

In Jordan, O’Malley's home base would be Amman, a two hours’ drive from Jerusalem.

Bogage is also arranging “personalized” business tracks. He is working with the U.S. Department of Commerce to assure that the entrepreneurs and business people who would accompany the governor can meet with their counterparts in their field in Israel.

“We want them to fulfill the goals of their going on the trip,” Bogage says.
 
Source: Barry Bogage, Maryland/Israel Development Center
Writer: Barbara Pash

Minorities Sought For Careers In Environment, Marine Science

The Living Marine Resources Cooperative Science Center  is recruiting minority students for careers in marine and environmental science. Scholarships are available for college graduate students this fall for the 2012-2013 school year. In addition, applications for paid internships for high school and college students are available beginning in January.
 
A consortium of college and universities are involved in the program. The University of Maryland Eastern Shore leads the consortium, which partners with the U.S. National Oceanic and Atmospheric Agency on the recruitment program.
 
“We are the pipeline to the program,” says Rose Jagus, associate professor at the Institute of Marine and Enviromental Technology (IMET) at the University of Maryland Center for Environmental Science in downtown Baltimore. Jagus is also director of IMET's marine resources center.
 
The mariner resource center's paid summer internships are 10-week-long projects for recent high school and college graduates. The focus is on fisheries, from habitat to aquaculture. The number of interns depends on funding. This summer, there were eight interns, some of whom are engaged in testing the water at the Inner Harbor.

Faculty members oversee interns’ research projects from June to August. Internships are eligible for college credit and applications can be accessed online. There is also one master’s degree student and four doctoral students who are receiving scholarships and stipends. Of these students, four are enrolled in the University System of Maryland although there are other university options.
 
The recruitment program began about 10 years ago, and is intended for African-American, Hispanic and Native American students. Funding is awarded competitively every five years. The institute's marine center's currently gets $2.7 million per year. Since the minority recruitment program began, three doctorates and four master’s degrees have been awarded and more than 100 paid internships have been funded.
 
 
Source: Rose Jagus, University of Maryland Center for Environmental Science
Writer: Barbara Pash

Tactical Network Solutions Adding Staff

Tactical Network Solutions, a cyber intelligence company in Columbia, recently added three people to its staff of 12, and will hire at least four employees over the next year.

John Harmon, a partner with Terry Dunlap, says the firm is in a “growth stage,” constantly bidding on contracts and looking for experts in low-level coding languages, embedded software engineers, web engineers and vulnerability researchers.
 
Founded in 2007 by a group of ex-National Security Agency (NSA) staffers and NSA contractors, the firm focuses on cyber intelligence, specifically services and training, product development and R&D. Tactical Network Solutions aims to provide quick-response solutions to technical challenges. Last year, it published an open source version of its proprietary software.
 
Harmon says Tactical Network Solutions has contracts with NSA, Central Intelligence Agency and U.S. Naval Research Laboratory. He could not discuss details of the classified contracts. The privately-owned, self-financed firm does $4 to $5 million in annual sales. Besides government contracts, he says the firm is pursuing contracts in the law enforcement community.
 
Last year, the firm graduated from the Howard Technology Council incubator program and moved into a business park in Columbia. This year, it won the Howard County Technology Council’s award for New/Emerging Company of the Year.
 
“This is an exciting time for cybersecurity in general,” he says, pointing to the relocation of the U.S. Department of Defense and the U.S. Army Cyber Command to Fort Meade within the past year.
 
Harmon says that a “cyber corridor” of companies in that field is developing along Rt. I-95 from Columbia to the outskirts of Washington, D.C. “We’re right in the middle of it,” he says.
 
Source: John Harmon, Tactical Network Solutions
Writer: Barbara Pash

Chesapeake Regional Tech Council Relocates

The Chesapeake Regional Tech Council relocated its headquarters this month to a commercial building that it says will help it better reach its members.

The council left its space in the Anne Arundel Economic Development Corp., a county agency, to 839 Bestgate Road in Annapolis.
 
Chris Valerio, the council’s executive director, says the move was made to better reflect the council’s growing, regional membership and the fact that it is an independent agency and not a government entity. The council’s new office is located in one of its recent members, Annapolis Offices at Bestgate, a flex-office facility. Flex space is a former industrial building that has been converted to office space. 
 
The council has been situated in the county economic development office, a long-time sponsor, because it provided in-kind space and office help. “We have an independent board but there was confusion. People assumed we were a government entity,” Valerio says. “We are proud of that independent, entrepreneurial spirit.”
 
The council was founded in 1992 as the Anne Arundel High Technology Council. In 2008, the name was changed to Chesapeake Regional Tech Council because, at the time, 40 percent of its members were from outside Anne Arundel County.
 
Since then, half of its 280-company members are in Anne Arundel County or do business in the county, typically at the U.S. Army’s Fort Meade, and the other half are located in Baltimore County and City, Howard County, the Washington, D.C., area and the Eastern Shore.
 
Valerio, who runs the council with two full-time employees, says the move also allows her more mobility in meeting with member companies. They range from startups to large, established businesses. Most are in information technology rather than biotechnology, but members also include service providers like law firms and accountants. In the IT field, many are government contractors but there are also commercial firms.
 
 
Source: Chris Valerio, Chesapeake Regional Tech Council
Writer: Barbara Pash

UMBC Incubator Welcomes Nine New Tenants

The incubator at University of Maryland Baltimore County is seeing an uptick of new tenants. In the three-month period from March to June, bwtech@UMBC Research & Technology Park welcomed nine new companies, an increase from previous similar periods but a typical number for the past year to 18 months.

It has also reached a major milestone by welcoming a total of 100 companies to the incubator, of which 85 have leased space.

Of the nine new companies, five are in cybersecurity and the rest are in IT, says Ellen Hemmerly, executive director of [email protected] attributes the interest in cybersecurity to the proximity of the U.S. Army and Department of Defense agencies at Fort Meade and the academic talent at the university. She has also seen a surge in life science startups.

Last year, bwtech@UMBC welcomed a total of 25 new tenants and IT consulting firm RWD Technologies was acquired. Hemmerly says the incubator is currently recruiting early stage to larger companies to fill that now-vacant space as well as space in a newly opened incubator facility.

Here's a rundown of the nine new tenants:

• Assured Information Security Inc., a cyberspace government contractor. The company has 40-plus  employees at its headquarters in Rome, N.Y. Since becoming a tenant, it has hired a dozen people and is looking to hire more, Hemmerly says. It chose UMBC because of its R&D interaction with the intelligence community at Fort Meade.

• Clovis Group, an accounting and finance IT and workforce management company that staffs government services.

• Communication Scientific International, a Glen Burnie-based, minority-owned communications systems and technical provider of defense and commercial communications.

• TechEdge Group, an Italian IT company that is based in Italy that also has an office in Chicago.

• Alpha Omega Technologies, a company that specializes  in secure delivery of data and information.

• NETWAR Defenses, computer systems consultants and designers who specialize in national security and intelligence.

• LightGrid, a telecommunications and delivery solutions federal contractor.

• Companion Data Services, offering data-hosting services and health IT services. 

Source: Ellen Hemmerly, bwtech@UMBC Research & Technology Park
Writer: Barbara Pash; [email protected] 

Tech Campus Betamore To Open For Entrepreneurs, Incubators

By the end of the summer, entrepreneurs in the Baltimore metro area will have another place to call home. Betamore, “technology campus,” in the words of co-founder Mike Brenner, should be open by then. 

Brenner co-founded the privately-financed facility with Greg Cangialosi. They are in the midst of renovating an 8,000-square-foot shell at 1111 Light St., a new building in Federal Hill, into part incubator, part classroom and part co-working space. The facility will serve its members and the community at large. Membership applications will be available online next month.

Brenner says Betamore is the first incubator in the region, as far as he knows, that will also act as a classroom. In addition, the two founders bring a sizeable mentoring network that they have acquired by working in the city.

Both are well known in the Baltimore tech scene. Cangialosi's Blue Sky Factory, an email marketing and service provider, was bought in 2011, and he now serves as managing director of Baltimore Angel's and CEO of Nucleus Ventures, an investment vehicle. 

Brenner closed out his other ventures to focus on Betamore. These included Sunrise Design, a web consulting and design studio, and Startup Baltimore, a blog that was acquired in March of 2012 by a company in Philadelphia that plans to transform it into Technically Baltimore, an online publication covering technology. The company also puts out Technically Philly.

Brenner declined to discuss financing for the facility except to say that while it was private, the founders are actively looking for public support as well. He says they are not ready to announce the fees that will be charged for memberships at the incubator and community space. 

The facility will have two classrooms. It will offer classes on entrepreneurship and technology for people in the community at large who are interested in the topic. It will also offer six- to eight-week-long courses for people who are career-oriented and want more in-depth study. Brenner says fees for both classes and courses will be charged, the amounts still to be decided.  
 
In the dedicated incubator space, desks can be rented by the month. Brenner says that renters will have access to Betamore's mentor network, events and weekly happy hours. From early indications, he expects renters to be two- to eight-person teams, and to have 50 teams and “really early stage” companies in that space at any given time. He also expects many renters to be programmers.
 
Betamore will not take an equity stake in its renter-companies. Moreover, it will put a time limit, as yet undetermined, on how long they can rent, "to get a fire under their feet," he says.
 
The third space is a community space that, like a typical co-working space, is a social environment. It will be available for people who want to drop by the facility on an occasional basis, whether once a week or once a month. There will be a fee for the community space. 

"So far, we've gotten a lot of interest. Everyone wants to know when the doors open," says Brenner. "I'm hesitant to reveal too many details. We want to do a proper rollout when we're ready to open."

Source: Michael Brenner, Betamore
Writer: Barbara Pash
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