Startup Maryland & TEDCO Team to Celebrate Innovation, Entrepreneurship

Startup Maryland announced support from TEDCO (www.tedco.md) as a full-tour sponsor of the Pitch Across Maryland 2014, the third annual state-wide tour and celebration of entrepreneurship and startup companies.

Starting on September 15 and running through October 3 the Pitch Across Maryland tour will again traverse the state all in the name of celebrating Maryland’s diverse communities of venture building.

“Maryland’s innovation economy is front-and-center in many of the most lucrative industry and innovation categories,” stated Michael Binko, founder of Startup Maryland. “From traditional ‘feds, eds and meds’ (government/education/healthcare/life sciences-bio), to cloud computing, cyber-security, creative/arts, clean energy/green, to autonomous systems, Maryland entrepreneurs are breeding innovation ventures that are disrupting a wide array of industry sectors and TEDCO has consistently been the recognized leader in early-stage resource commitments.”

With several new venture funds, mentorship, training and tech transfer programs unveiled in recent years, TEDCO constitutes a rare combination of research-based venture building that also impacts workforce and economic development not only in Maryland but across the Mid-Atlantic geographic region and numerous industry sectors.

“Startup Maryland complements our efforts nicely with its concentration on grassroots entrepreneur community development and peer-to-peer stewardship,” stated Robert Rosenbaum, president|CEO of TEDCO. “The video pitch competition aspect of the Pitch Across Maryland is very unique. While giving the celebration aspects of the tour a ‘long tail’ the effort also gives startup supporters a one-stop-shop for discovering Maryland’s high growth potential ventures,” Rosenbaum added.

A sampling of details, key data and results from the 2013 tour follow:

  • 32 tour stops around the state in 2013; 25 in 2012
  • More than 45 “Rock Star” tour sponsors/partners including (universities, economic development agencies, angel/VC investors, incubators/accelerators, affinity brand owners, sponsors)
  • Months of active media coverage; more than 1 million press impressions
  • More than 475 startups attended tour events in 2012 and 2013; 168 startups “pitched” their idea/business in 2012 with another 161 in 2013.
  • Startups vie for declarations as Fan Favorites (3) and Finalists (8).
  • Startup Maryland jumped to # 1 in startup density (# of startups per million population) a key metric for Startup America/UPGlobal
  • Startup Maryland was invited to the White House and Capitol Hill to brief Office of the President teams on how to cultivate strong startup communities

At each Pitch Across Maryland tour stop, Startup Maryland and Tour Sponsors like TEDCO co-host rallies sharing information about the incredible entrepreneurial communities across the state. Additionally, entrepreneurs are provided coaching, guidance and support from business mentors and other leaders as well as active angel/VC investors.

As the tour unfolds, entrepreneurs climb onto the bus and pitch their idea/business in the mobile UpStart Show™ video studio. Videos are uploaded to YouTube® and then open to public viewing/voting. This aspect of the competition allows the entrepreneurs, sponsors, investors and tour hosts to activate social networks for even broader awareness and celebration for the month following the Tour. The eight Best Ventures for High Growth Potential Finalists are invited to present at the annual TEDCO Entrepreneur Expo which will be held this year on November 12 – www.innovatemd.com.

For more information see scheduled Pitch Across Maryland tour dates and tentative route locations below and visit http://www.startupmd.org for regular updates.

Startup MD Announces 2014 Dates for Pitch Across MD 3.0 Tour

At the Maryland Economic Development Association (MEDA) annual conference, Startup Maryland announced dates (September 15 – October 3) and the rough route for the Pitch Across Maryland 3.0, the third annual state-wide tour and celebration of entrepreneurship and startup companies.

The entrepreneur tour will again traverse the state all in the name of celebrating Maryland’s diverse communities of venture building. A sampling of details, key data and results from the 2013 tour follow:

  • 32 tour stops around the state in 2013; 25 in 2012
  • More than 45 “Rock Star” tour sponsors/partners including (universities, economic development agencies, angel/VC investors, incubators/accelerators, affinity brand owners, sponsors)
  • Months of active media coverage; more than 1 million press impressions
  • More than 475 startups attended tour events in 2012 and 2013; 168 startups “pitched” their idea/business in 2012 with another 161 in 2013.
  • Video Pitch Competition winnowed field to Top 3 Fan Favorites and 8 Finalists as Best Candidates for Venture Investment
  • Governor Martin O’Malley got in on the action and on the bus rolling up his sleeves alongside Maryland startups.
  • Startup Maryland jumped to # 2 in startup density (# of startups per million population) a key metric for Startup America/UPGlobal
  • Startup Maryland was invited to the White House and Capitol Hill to brief President Obama’s OSTP team on how to cultivate strong startup communities

“Maryland’s innovation economy is front-and-center in many of the most lucrative industry and innovation categories,” stated Michael Binko, founder|chair of Startup Maryland. “From traditional ‘feds, eds and meds’ (government/education/healthcare/life-bio), to cloud computing, cyber-security, creative/arts, to autonomous systems, Maryland entrepreneurs are breeding innovation ventures that are disrupting a wide array of industry sectors.”

Stakeholders from all categories are already lining up to co-host stops and herald the celebration.

The depth of Maryland innovation, combined with ample startup resources, has been a key theme identified by Startup Maryland entrepreneur Champions as critical in their efforts to forge and inflect strong high-growth companies,” Binko continued.

At each Pitch Across Maryland 3.0 tour stop, Startup Maryland and Tour Sponsors/Partners host rallies sharing information about the incredible entrepreneurial communities across the state. Additionally, entrepreneurs are provided coaching, guidance and support from business mentors and other leaders from TEDCO, DBED as well as active angel/VC investors.

As the tour unfolds, entrepreneurs climb onto the bus and pitch their idea/business in the mobile UpStart Show™ video studio. Videos are uploaded to YouTube® and then open to public viewing/voting. This aspect of the competition allows the entrepreneurs, sponsors and tour hosts to activate social networks for even broader awareness and celebration.

For more information see scheduled Pitch Across Maryland 3.0 tour dates and tentative route locations below and visit http://www.startupmd.org for regular updates:

DATE Tour Stop Location(s)

Sept 15 Coastal: Ocean City/Wi-Wo/Somerset
Sept 16 East Bay: Dorchester/Talbot
Sept 17 Mid-Bay: Kent/Queen Anne
Sept 18 Charm City 1: Baltimore City/County
Sept 19 Charm City 2: Innovation Celebration: w/Balt Innovation Week
Sept 22 Continental: Washington County
Sept 23 Piedmont: Frederick/Carroll
Sept 24 Southern MD: St. Marys/Calvert/Charles
Sept 25 Tour Break — Holiday Observance
Sept 26 DC Metro: Montgomery/NoVA/DC
Sept 29 Central 1: Cyber/Fit. Meade
Sept 30 Central 2: Howard/NASA
Oct 1 North Shore
Oct 2 NYC: w/Maryland Exchange Companies
Oct 3 Capitol: Annapolis/Anne Arundel

Startup Maryland is a regions initiative launched out of the Startup America Partnership. Startup Maryland works to connect innovation communities and rallies entrepreneurs, supporters and other innovation stakeholders around four main initiatives: Connection, Celebration, Coaching, and Capital; while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

Startup Maryland Sponsors Health Tech Net Investor Day

The Healthcare Technology Network of Greater Washington (Health Tech Net), Nelson Mullins Riley & Scarborough, and the Nashville Entrepreneur Center will combine their resources to host Health Tech Net Investor Day on Thursday, March 13, 2014, in Washington, D.C. Startup Maryland is proud to sponsor the Interactive WiFi Lounge for the event and invites members from its 800+ startups to register/attend.

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Last year, led by Jason Epstein of the Nashville office of Nelson Mullins and Michael Burcham, Founder of the Nashville Entrepreneur Center, Nelson Mullins and the Nashville Entrepreneur Center rolled out the model of the “Capital UnConference Investor Day” through two successful events in Nashville, Tenn., that resulted in more than 15 term sheets and more than $25 million in financing for companies.

“The tag line for Investor Day is ‘no panels, no roundtables, no conference: all business’,” said Mr. Epstein. “Nowhere else do investors and pre-screened, investable early and growth stage technology companies have an opportunity to engage in substantive discussions through a series of 30-minute meetings all taking place in one venue in one day.”

Helen Quick, a partner in the D.C. office of Nelson Mullins and a leader in the Nelson Mullins Healthcare and Private Equity/VC Practice Groups added, “Day to day, Nelson Mullins prides itself in its ability to drive value and create meaningful connections through the collective contacts and proprietary deal flow from all of its partners working collaboratively. The last two events in Nashville and the one coming to D.C. in March are concentrated, intense, one day examples of this value proposition.”

Bringing the UnConference model to Washington, D.C. was the brainchild of Health Tech Net, a networking group founded by David Main, a senior partner in the Healthcare Group of Nelson Mullins. Mr. Main remarked, “Combining the reputation and prior successes of the UnConference with the thought leadership, network, and resources of Health Tech Net should lead to even more investment in healthcare and technology companies in the D.C. area and nationwide.”

Companies in the healthcare sector and technology sector who plan to raise anywhere from $100,000 to more than $5 million in capital within the next 12 to 18 months are invited to apply to participate. Investable companies will be selected and matched with the right investor, based on company applications and investor profiles. Investors who attend will include not only angel investors and venture capital firms, but also hospitals, health systems, HIT companies and other strategic investors and potential joint venture partners.

“We are excited to be working with Nelson Mullins and Health Tech Net to bring the Capital UnConference model developed in Nashville to expand the access to meaningful capital connections within our nation’s entrepreneurial ecosystem,” said Sam Lingo, Chief Operating Officer of the Nashville Entrepreneur Center.

The Health Tech Net Investor Day will take place on March 13, 2014, at the Nelson Mullins offices located at 101 Constitution Ave, NW, Suite 900, Washington, D.C. Interested companies, investors and sponsors can apply to participate at www.capitalunconference.com.

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