Uncategorized

SAVE THE DATE: DreamIt Health Baltimore 2014
Kickoff Weekend: January 17th and 18th, 2014
Baltimore, MD

DreamIt Health Baltimore – powered by The Johns Hopkins University, BioHealth Innovation, and Northrop Grumman – is ramping up for the Winter 2014 accelerator class in Baltimore, MD and we want to make sure the kickoff events are on your calendar. More information below.

DreamIt Health Baltimore Kickoff Reception: January 17, 2013
On the evening of Friday, January 17th, 2014 DreamIt Ventures and our partners are hosting a kickoff party to meet the DreamIt Health Baltimore 2014 companies and other members of the Baltimore entrepreneurial community. Location is TBD and the event will begin around 5:30/6:00pm eastern time. We will be sending formal invitations to the event in the near future but wanted to get this on your calendar now. Please ink us in!

The kickoff reception will include light snacks and beverages, in addition to networking and your first opportunity to meet the DreamIt Health Baltimore 2014 companies.

Sponsored by:

Kickoff Weekend Working Session: Saturday, January 18, 2014 – 9:00am – 5:00pm (INVITE ONLY)
We are in the process of identifying potential mentors for the companies as well as pairing them up with their law firm & accounting firm partners. Members of this community should please save the date for our working session that Saturday with the companies. We’ll send out a detailed RSVP for the event soon.

If you have any questions about either of these events or the DreamIt Health Baltimore program please contact Dana Rygwelski (dana@dreamitventures.com).

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, announced today that Reg Seeto, M.D., has been appointed to the BHI Board of Directors. Dr. Seeto currently serves as Vice President, Head of Partnering & Strategy at MedImmune, the global biologics research and development arm of AstraZeneca.  

“It is a pleasure to welcome Reg to the BHI Board of Directors,” said Doug Liu, Chair, BHI Board of Directors, and Senior Vice President of Global Operations for Qiagen. “Reg’s background in business development and partnering strategy will be an important asset to our Board as we give counsel to BHI in its fostering of startups in Central Maryland. We look forward to his contributions to this Board, to the BHI organization, and to the biohealth startup community.”

Dr. Seeto rejoined the MedImmune Leadership Team in 2013 to lead the Partnering and Strategy Group after having spent a year as an executive abroad for AstraZeneca. He is responsible for MedImmune’s Business Development and Strategy teams, which deliver external partnership strategy for the organization. 

Northrop Grumman Corporation (NYSE: NOC) has joined DreamIt Health Baltimore, a collaborative startup business accelerator program with the goal of identifying, validating and developing innovative solutions to healthcare challenges.

Northrop Grumman joins The Johns Hopkins University and BioHealth Innovation Inc. in the Baltimore-based accelerator, which was launched in September by DreamIt Ventures, a seed-stage accelerator based out of Philadelphia.

Startups selected for the four-month program receive $50,000 in seed funding; access to potential beta customers, pilot partners, data and systems; accounting and legal support; and expert guidance and mentoring from the accelerator and its partners.

Millennial Media, WeddingWire and RainKing Solutions led the list of Maryland companies making the 2013 Deloitte Technology Fast 500, a prestigious technology awards program in United States and Canada. Among Maryland’s eight repeat companies, United Therapeutics Corporation is on the list for the 13th straight year and Zenoss is on the list for the third straight year.

Overall, there were 15 Maryland companies on the list, up from 12 in 2012. Maryland’s 15 companies were the eighth most among states/provinces. California far outpaced other states with 166 companies, with Massachusetts, Ontario, New York, Washington and Pennsylvania following. Virginia had 16 companies on the list for the seventh most among states/provinces.

Montgomery County Executive Ike Leggett returned recently from a 10-day, 4-city trip to China aimed at advancing Chinese jobs and investment in the County and opening doors for County businesses there, as well as establishing a “Sister City” relationship with the city of Xi’an, with eight million residents and home to the famous Terra Cotta Army.

Packed with visits to businesses and high-tech centers, educational institutions and hospitals, as well as government meetings, the delegation’s itinerary reflected the mission’s strong focus on education and business development. Multi-level partnerships were developed on education, healthcare, and business fronts.