News & Blog

Tags:

In this post, we’ll explore what drives Maryland’s tech ecosystem, and highlight some major trends underlying the growth of innovation that underpins it.
Maryland is a great place to start and grow a business, thanks to its diverse economy, highly educated workforce, and a supportive Maryland incubator ecosystem of resources and incentives. However, launching and scaling a successful startup is not easy, and it requires a lot of planning, hard work, and patience.

After reflecting on this last fiscal year, MIC Executive Director Chuck Bubeck deemed this year the most successful since the doors opened in 2019. Bubeck is a decorated entrepreneur and…

A Maryland tech council wants to explain to you that an ecosystem is a community of cooperation. This ecosystem is a community of companies and individual experts that share common interests and aspirations to produce shared value for themselves, their clients, and their communities. According to business experts at a Maryland Innovation Center, startup mentoring may benefit all parties involved.
In this blog post, we will explain what incubators and innovation centers are. We’ll highlight how they play a vital role for tech startups, especially when it comes to office space rental.
As a startup business venture, it’s important to reach out and leverage business networking opportunities in Maryland through various channels. While you might identify several such opportunities, simply participating in those Maryland business networking forums/events, doesn’t necessarily guarantee you’ll accomplish your networking objectives.

When searching for the perfect place to grow his business, Zachary Cochran found what he wanted in the Maryland Innovation Center. As the owner of Cochran Coaching, LLC, he joined…

As a startup business venture, it’s important to reach out and leverage business networking opportunities in Maryland through various channels. While you might identify several such opportunities, simply participating in those Maryland business networking forums/events, doesn’t necessarily guarantee you’ll accomplish your networking objectives.
For Maryland startup ventures, early-stage financing acts as a lifeblood. In today’s dynamic world of startups and entrepreneurial ventures, securing that funding is a critical aspect of success.
Starting a new business is hard, and ensuring the fledgling venture survives and thrives is a challenge. According to recent data (March 2022) from the U.S. Bureau of Labor Statistics (BLS) , just 14.5% of new businesses survived in Maryland since establishment. Thankfully, startup businesses don’t have to “go it alone” – they can tap into the resources offered by Maryland’s business incubator programs.
Startup business leaders often face a dilemma when taking that first step to fulfilling the entrepreneurs’ vision: Do they go it alone, or should they reach out for help and support? The issue with taking the former route is that they may find they lack the innovation resources, support, and guidance needed for the long haul. The challenge with the latter strategy is: Where do they find the assets and resources needed to build their teams and set themselves up for success? We have the answers!
What you look for in an office space in Maryland is fundamentally no different than the criterion for office space anywhere else. As a leader of a startup venture, one of the first thoughts to cross your mind is likely to be: “Where should I locate my team? It’s true, we’ve all heard stories about how many of today’s giant corporations – Microsoft, Google, Amazon – all have their roots in basements and garages. But the point is – those garage and basement spaces were once their “office”. Clearly, regardless of the type of business you’re planning to launch, having a formal place where your team can meet in-person, at least occasionally, is critical.
Acquiring prime office space is often one of the most critical initial steps that startup enterprises take. With Maryland office space in high demand, fledgling ventures spend a lot of capital and energy searching for that ideal first “street address”. With all the challenges that lie ahead for new ventures, sharing office space in an incubator setting – at least initially – may be a better strategy.

An MIC resident company recently had the chance to showcase its venture to a national audience. Public safety software business DataTech911, which managing partner Swati Allen says “supports the FIRST…

Jill Joubert Reflects on 20 Years At the end of the month, the MIC team will be without a familiar face. Our Director of Client Services, Jill Joubert, is on…

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Visit us