The Economic Alliance of Greater Baltimore and the Maryland Department of Business of Economic Development announced Monday that they created a new program to help companies that have moved beyond the start-up phase to continue to grow. Advance Maryland is designed to assist these companies with developing markets, fine-tuning their business models and boosting growth with the help of a research specialist. Similar models have been adopted in other states, the groups said.
Fifty years ago this month, I chanced to hear the Rev. Martin Luther King Jr. I was a mild-mannered kid with a speech impediment and a love of math. That day, I was focused on solving math problems, not issues of justice and equal rights. But King broke through to me when he said this: If the children of Birmingham march, Americans will see that what they are asking for is a better education. They will see that even the very young know the difference between right and wrong. I chose to march, and found myself among hundreds of children jailed for five terrifying days. Mind you, I was not a brave child. But even at 12 years old, I believed and hoped that my participation could make a difference. 
Chevy Chase-based New Enterprise Associates stands to reap a fortune from Tableau Software Inc.’s newly public stock, which is up about 60 percent in its first day of trading on the New York Stock Exchange Friday. NEA is the single biggest venture backer of the Seattle-based data analytics company (NYSE: DATA). The firm sold 1 million shares of Tableau stock in the offering, and is holding on to another 18.5 million shares, or about 37 percent of the company. With Friday’s pop, that stake is valued at more than $900 million. 
BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, today announced its selection of Ram Aiyar, Ph.D., M.B.A., as the first Entrepreneur-in-Residence (EIR) for BHI at the National Institutes of Health’s (NIH) National Heart, Lung and Blood Institute (NHLBI). Dr. Aiyar will help advance fundamental research discoveries to new therapeutics, diagnostics and devices that can be used clinically and commercially. “We’re pleased to add Dr. Aiyar to our roster of Entrepreneurs-in-Residence,” said Rich Bendis, BHI President and CEO. “He is now our third EIR – joining Todd Chappell, who is EIR at NIH, and Ken Malone, our EIR working with the University of Maryland Ventures. The growth of this program will be a benefit to BHI and our partner organizations for years to come, and will result in transitioning more early-stage biomedical technologies to commercial potential. ” 
Tuesday, June 11, 2013, 05:00pm – 06:30pm
Please RSVP by June 3 to Lauren Goldstein at Location QIAGEN’s Germantown Facility 
A District advisory committee OK’d bids from Johns Hopkins Medicine and MedStar Health to build costly proton therapy centers on Thursday, leaving both just one step from final approval to proceed on the high-tech cancer treatment programs. It wasn’t, however, a clean victory for either. The committee rejected a key part of Hopkins’ plan and asked for additional details about both nonprofit system’s outreach to under-served neighborhoods. 
America urgently needs a national, research-based effort to empower all undergraduates and help more of them, particularly underrepresented minorities, graduate with science and engineering degrees, said Freeman Hrabowski, III, president of the University of Maryland, Baltimore County (UMBC) during the 2013 William D. Carey lecture. Hrabowski addressed the 38th Annual AAAS Forum on Science and Technology Policy on 2 May 2013—fifty years to the day after he had participated in the historic Birmingham Children’s March, which was inspired by the late Dr. Martin Luther King, Jr. “I wanted a better education,” Hrabowski said of his participation in that 1963 event. “All children really do want to be well-educated.” 
The Tech Council of Maryland (TCM), the state’s largest technology trade association with more than 400 biotechnology and technology members employing more than 200,000 in the region, announced at its 25th annual Dinner and Awards Celebration last night that Doug Doerfler was elected as chairman of TCM’s board. Doerfler was the association’s vice chairman and succeeds Larry Letow, who has served as chairman since 2010. TCM also named four current board members to executive leadership positions. “I am honored to continue serving TCM at such an important and promising time,” said Doerfler. “Our members have become the catalysts of Maryland’s dynamic economy, creating new, high-paying jobs and discovering breakthrough technologies that can change our world. We may come from diverse backgrounds, but a single mission unifies us: creating a healthier, safer world with game-changing innovations right here in Maryland. I especially thank Larry Letow for his outstanding board leadership these past three years. He has positioned TCM, our membership and Maryland for a very bright future.” Search |
POSITION DESCRIPTION – Health IT Entrepreneur-in-Residence
The award luncheon will provide countless opportunities to show your appreciation for the estimated 33,000 small businesses of Montgomery County—businesses that contribute directly to the strength of the area’s economy. Eight awards will be presented to eight distinct companies.
Please join us for an exclusive MedTech networking event hosted by QIAGEN. Learn more about AdvaMed 2013: The MedTech Conference and discover your local MedTech community.
I had the privilege to meet with and speak to the local Healthcare meet-up recently (thanks to Pete Kanee at www.healthcare.mn) and as part of my discussion, I shared a list of things that I’d encourage the local (healthcare) startups to continue to keep in mind as they grow their companies.