A Message from Marty

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CEO Collective: Capital Markets for Maryland Companies

Raising equity capital has been described as one of the biggest challenges for early and mid stage companies in the Mid-Atlantic. There are only a handful of venture investors in the region, and significant effort has gone into attracting more investors. A Venture Capital (VC) investor or Private Equity (PE) firm may have contact with 5,000 companies, meet with 500, and only invest in 5-10 each year. Raising equity capital is challenging and highly competitive. It can be grueling and time consuming for company management teams.

In contrast, there are many Maryland companies that have successfully raised capital outside of the region. What is unique about the leadership teams that raise capital successfully every year? Can we learn from each other to improve the overall availability of capital in the Mid-Atlantic?

CEO peer groups create a safe and secure environment for CEOs to share challenges and receive advice and feedback from others that have “been there and done that”. It is the best means to take advantage of the collective experiences of peers and experts. Participation in a CEO peer group provides an opportunity to step out and work on the business rather than in it.

The Maryland Technology Council connects entrepreneurial minds to solve some of the most challenging business issues. We are preparing to bring together CEOs to support each other and help address business challenges in the Mid-Atlantic. This collective will focus on capital markets for Maryland companies. CEOs will share their experiences raising capital, preparing for capital markets, and what it means to sell fractions of a business to raise capital for development, commercialization and growth. The network value of a CEO collective is incredible. Shared contacts and expertise to solve some of the most challenging issues can provide a competitive advantage.

Watch for more information in Vibe and other Maryland Technology Council communications.


MTC Highlight

Welcome Maryland Tech Council’s New Members

  • Blueblood, LLCis a supplier of high-quality, humanely and sustainably sourced horseshoe crab blood for FDA-mandated safety testing of biomedical products.

 

  • logoThe CELLANDTECH GROUP is a strategic planning and commercialization consultancy firm. Their consultants provide an array of solutions to help clients address market needs and create sustainable value for their stakeholders. They work with development-stage life science companies, venture capitalists and contract research organizations (CROs) from around the world. Read more

 

  • confinisconfinis is a global consulting firm in the field of medical devices, in vitro diagnostics and combination products, based in the United States and Switzerland. Their services include regulatory strategy, premarket submission management, device manufacturer quality system gap analysis and training.

 

  • KP_Thrive_Stacked_307Kaiser Permanente of the Mid-Atlantic States provides integrated care to nearly 800,000 members in Maryland, Virginia, and the District of Columbia. Members receive comprehensive care from 1,500 primary and specialty care physicians, extended care teams, and 33 medical centers; and have the option to receive out-of-network benefits. Kaiser Permanente is committed to the highest quality, access, and innovation; and the wellness of individuals, families, and their communities. 

 

  • Screen Shot 2019-03-27 at 5.53.01 PMKemp Proteins offers a complete gene-to-protein process using a proprietary formulation of PEI that allows them to offer exceptional expression results at a reasonable cost. In addition, they offer “a la carte” mammalian protein expression services, including test expression, production, purification, and characterization of recombinant mammalian clones as well as process development and scale-up for protein expression. Read more

 

  • mimetrsMIMETAS B.V. is a privately-owned biotech company, based in Leiden (NL). MIMETAS was incorporated in 2013 and has currently three offices, with its headquarters located in Leiden. In Leiden, we perform most of the biological model development work, as well as the development of novel hardware and assays. Our manufacturing site is located in Enschede, in the eastern part of The Netherlands. Here we produce OrganoPlates® under strictly controlled cleanroom conditions. In Gaithersburg (MD) in the USA, and In Tokyo, Japan, we have subsidiaries involved in selected R&D, customer support and business development.

 

  • Platelet and Thrombosis Research was initiated 20 years ago by Dr. Paul A Gurbel. Their research is mainly funded by top cardiovascular pharmaceutical companies such as Astra Zeneca, Elli Lilly, Bayer, Merck, and Amgen. Their research has focused on defining the effects of antiplatelet agents, antiplatelet agent development, and understanding the relation of platelet reactivity to ischemic event occurrence in patients undergoing stenting. For more information, contact Udaya Tantry at 410-707-2655

Click here to view MTC’s Member Map.


MTC Highlight

Member Info Hub Tip of the Month

Content is always changing; please help us ensure that your company description is current and contact information is up to date so that we and others in the community can reach you.
Login here to access your Info Hub profile.

Welcome Katie Brown, MTC Member Services Coordinator 

katiebrown

Q:  Where did you previously work?
A:  Digital Bard Video, Frederick MD as the Sales and Marketing Assistant

Q:  What did you like most about your job?
A:  Being part of a team and working with my co-workers

Q:  What are your strongest professional strengths?
A:  Communication and organization

Q:  If you were a tree, what kind would you be and why?
A:  Maple Tree. They are welcoming and come to life during Fall…my favorite time of year

Q:  What is your spirit animal?
A:  Quick to answer. A raccoon. Because they are small, cute and mischievous. (as quoted by Katie’s Mom.)

Q:  What is your favorite color?
A:  Seafoam Green

Q:  What is your favorite food?
A:  Chocolate Chip Cookies

Q:  How would your last boss describe you?
A:  Quiet, at first. Always listening, observing and collecting information to analyze next steps

Q:  What makes you unique?
A:  I am a certified Bee Keeper and recently completed the Frederick County Bee Keeper’s Association Short Course.
Subscribing to Bee Journals and staying up to date on all things Bees until I have room and land to start my own colonies.

Q:  What was the last book you read?
A:  Bird Box

Q:  What excited you most about this new job?
A:  Getting the opportunity to meet new people and learn about what they are doing. Member site visits!

Contact me at katie@mdtechcouncil.com or (240) 297-4080.


A Message from Marty

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The 439th Session of the Maryland General Assembly commenced at noon on January 9th.  Following the November election, there are an unprecedented number of new legislators (approximately 40%). The first two weeks have focused on organizational meetings and orientation for the new legislators. We expect it to be a very active session, and the work is just beginning.

The Maryland Tech Council (MTC) is a collaborative community, actively engaged in building stronger life science and technology companies by supporting the efforts of our individual members who are protecting our national security and improving the quality of life through innovation. MTC has emerged as the region’s voice of over 460 innovative member companies to promote policy that creates a favorable business climate for industry companies to thrive and grow. MTC believes there is tremendous opportunity to foster an innovative environment for cutting edge life science and technology companies.

Our 2019 Policy Platform reflects the top priorities for spurring innovation and achieving our vision to position Maryland as a top-three innovation economy for the life science and technology communities.  To that end, our legislative committee and coalition meets regularly to evaluate emerging policy issues, to update our priority agenda items and to develop an advocacy strategy promoting a positive business climate.

We support policies that are patient-centered, holistic and promote patient access to cures. This approach is also a proven job creator, helping to employ more than 34,000 Marylanders in good, high-paying jobs in the biotechnology field, with billions invested in the state annually. We will be paying close attention this legislative session and will oppose legislative proposals that could harm patient access to needed care by undermining competition, disrupting existing drug product availability or reducing investment in the innovation ecosystem in Maryland.

We will focus on targeted incentives that grow innovative companies, whether they are in early, middle or later stages of development. This also includes a focus on Maryland’s transportation infrastructure to alleviate traffic and improve aging highways, roads and bridges. It is important to cultivate a dynamic higher education system with a focus on STEM disciplines that trains a pipeline of workers needed to fill the jobs of today and tomorrow. A fair and predictable tax climate is critical to keep Maryland competitive and allow businesses every opportunity to succeed and create jobs.

We will influence and support legislation to keep Maryland a national leader in entrepreneurship and innovation. Together with our members and policymakers, we can find solutions to Maryland’s problems and help create an environment where innovative companies can grow and succeed.

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A Message from Marty

rosendaleAs we celebrate 35 years as the largest technology trade association in the state of Maryland, we continue to support our member companies who are driving innovation through advocacy, education, workforce development, cost savings and connecting entrepreneurial minds.

I am excited to announce our programming and sponsorship opportunities for this fiscal year. Please download MTC’s 2018-2019 Sponsorship Guide to learn more about the opportunities we have available. You will see that we maintain the high-quality level of programming and events we are known for.

See below for new and exciting things we have on the horizon.

  • MTC is turning 35 and will celebrate all year long. Join us for our special birthday bash in February where we will have a live band! More information will follow in the coming weeks.
  • Dig into your closet to find your ugliest sweater or other holiday attire and join us on December 12, 2018 for our Ugly Sweater Holiday Happy Hour. For more details, click here.
  • Join us in January for a vaccine and immunotherapy breakfast, “Is Maryland the Epicenter of Future Development?” More details to follow.
  • Our annual Leadership Dinner will be held on January 30, 2019. This is always a great event to hear about issues facing the legislature and our community. Learn more here.
  • Mark your calendars for the best night of networking at our Industry Awards Celebration on May 22, 2019. We have 2 open award sponsorships available! Also, be on the lookout for award nominations opening after the holidays. Read more here.
  • June will bring new networking opportunities at South Point, as well as our annual golf tournament.
  • We also offer opportunities to host a CXO or Roundtable Series, get involved with Young Professionals Society and our Venture Mentoring Services.

We thank you and appreciate your ongoing support of these and all of our initiatives. If you would like more information about sponsorship opportunities please contact Wendy Worm, Vice President of Marketing and Programming at Wendy@mdtechcouncil.com or 240.243.4050.

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BIO2019 Update

LOCK in your DISCOUNT for BIO2019

bio2019-banner

As a valued member of Maryland Tech Council, we’re offering you the opportunity to lock in a significant discount on two premier registration packages for the 2019 BIO International Convention in Philadelphia, June 3-6: Convention Access and Convention Access & Partnering.

Follow this link to complete the form. (http://go.bio.org/BIO2019-AffiliateCampaign.html?utm_medium=3pp&utm_source=newsletter-sa-mdtech&utm_campaign=bio2019-affiliate-campaign)

Registration for BIO 2019 is not required at this point. Simply complete the form, and you will be sent your discount code prior to registration opening in early January 2019.

BIO Members receive complimentary session recordings following BIO 2019–a $300 value!

Complete the form by Friday, January 18th to receive your discount code.


National Cybersecurity Awareness Month

October Marks the 15th Annual National Cybersecurity Awareness Monthoct-is-ncsam-twitter-v3

Since 2004, National Cybersecurity Awareness Month (NCSAM) has represented a collaborative effort between government, nonprofit and industry to ensure that all Americans have the information they need to stay safer and more secure online. Co-led by the National Cyber Security Alliance (NCSA) and U.S. Department of Homeland Security (DHS), NCSAM has grown exponentially – reaching consumers and organizations nationwide and encouraging all internet users to be #CyberAware.

For the third year, MTC is a Champion of National Cybersecurity Awareness Month (NCSAM) 2018. As a part of NCSAM efforts, MTC shared and promoted the awareness of online safety and privacy through weekly themes:

Week 1: Oct. 1­–5: Make Your Home a Haven for Online Safety 

Week 1 will underscore basic cybersecurity essentials the entire family can deploy to protect their homes against cyber threats. 

Week 2: Oct. 8–12: Millions of Rewarding Jobs: Educating for a Career in Cybersecurity

Week 2 will address ways to motivate parents, teachers and counselors to learn more about the field and how to best inspire students and others to seek highly fulfilling cybersecurity careers.

Week 3: Oct. 15–19: It’s Everyone’s Job to Ensure Online Safety at Work

Week 3 will focus on cybersecurity workforce education, training and awareness while emphasizing risk management, resistance and resilience. NCSA’s CyberSecure My Business will shed light on how small and medium-sized businesses can protect themselves, their employees and their customers against the most prevalent threats.

Week 4: Oct. 22–26: Safeguarding the Nation’s Critical Infrastructure   

Week 4 will emphasize the importance of securing our critical infrastructure and highlight the roles the public can play in keeping it safe. In addition, it will lead the transition into November’s Critical Infrastructure Security and Resilience Month, which is spearheaded by the U.S. Department of Homeland Security.

Click here to learn more. 

 

NCSAM Champion Logo -rev


A Message from Marty

rosendaleAt the Maryland Tech Council, we serve the life sciences, technology, and service provider companies that are saving and securing lives through innovation.  This has been our mission for decades and we remain fully committed to it.

For 35 years, we have stood ground over multiple and tremendous changes, and our association is stronger for it.  As our members grow, innovate and adapt to market forces, we also evolve. We are resilient and committed to you and are continually developing to meet the needs of our members.

Last week, the Maryland Tech Council released it’s Year in Review, please click here to download. As you can see, we have a strong footprint statewide along with a strong roster of companies as our members.  Our strong advocacy efforts, cost savings program, partnerships, impressive events, Venture Mentoring Program and grant activity, are positioning us for future growth.

As I begin my tenure with the team, we will continue to build this association on one of our fundamental business principles – integrity.  We are devoted to providing the same quality and high level service to you, whether you are a large or small company to grow your business. Our path forward is to maintain this momentum, with you by our side. We are committed to delivering on our goals next year and I am confident we will.

Thank you for being a trusting member.

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I look forward to meeting you at MTC’s Member Orientation on November 15, 2018. Click here to register.


Mention of the Month

FounderTrac Announces its Fall 2018 Cohort!

FounderTrac is a partnership between LAUNCH! Annapolis, Maryland Tech Council, MCVC Partners and TEDCO to bring an Accelerator to Maryland’s Capital

ANNAPOLIS, MD, July 17, 2018 – The FounderTrac Team along with industry representatives have determined the finalists for the second FounderTrac cohort of 2018! With over 60 applications collected from an astonishing amount of high caliber, high growth startups the team scoured applicants, reduced the pool to a little less than half and then held virtual interviews with a panel of judges to determine the final 11 companies that will begin the second cohort in just a few weeks. The finalists of the second FounderTrac Cohort of 2018 are:

Brainchild Technologies – Smart Pacifier for tracking infant neurodevelopment

NaskMe, LLC – keeps customers in your mobile platform, connecting them with your curated content so they can collaborate, message and make purchase decisions without leaving your app

DCANTER – personalized wine services to meet your lifestyle

Coglide – AI for Sales

Live Chair – a med tech mobile app for barbers and stylists

Leon Scientific – revolutionizing cellular-based research through bringing Brillouin microscopy to the world market

Lokalphoto – a freelance photography marketplace modernizing how people find & book local photographers

InferCabulary – a K-12, web-based literacy company that teaches vocabulary and critical thinking skills by actively engaging students in order to infer meaning for themselves

RallyBright – helps business leaders and coaches build better teams

SNAX by Mindgrub Robotics – indoor, point-to-point robotic delivery systems powered by beautifully customizable software integrations

Nest Collaborative – breastfeeding success for women everywhere

At the TEDCO Entrepreneur Expo held in the fall of 2017 George Davis, CEO of TEDCO announced the winners of the 2017 Incubator Challenge. FounderTrac was awarded a grant of $125,000 to support and expand the reach of the FounderTrac Program. In presenting the award to FounderTrac, George Davis said,” We are so excited to fund this innovative collaboration between launch Annapolis, Maryland Tech Council and MCVC partners to give Maryland companies the training, mentoring and funding they need to be top tier companies. FoundersTrac rocks!” FounderTrac continues to show huge promise with the startup community and celebrated great success during the first cohort that ended in April, earlier this year.

Ryan Sears, Cofounder of LAUNCH! Annapolis said “We saw another batch of tremendously high-quality applications for the fall cohort. We are brimming with excitement and are looking forward to Demo Day on November 6th!”

FounderTrac

FounderTrac is an Annapolis based startup accelerator with a 12-week program to help Entrepreneurs take their companies from idea to high growth. Our finalists mentioned above will be kicking of the next cohort at the end of the summer!

Startups who are accepted into the program participate in a 12-week curriculum led by successful entrepreneurs and executives, are matched with an executive Sherpa, and are given the opportunity to gain funding from a dedicated venture capital firm and a robust capital network. Support for participants does not end with graduation. Graduates may enlist in the MIT licensed Maryland Tech Council mentorship program and are encourage to continue their engagement in the FounderTrac/Launch Annapolis community.

FounderTrac Host Sponsor Loews Annapolis Hotel Connects with Local Business

Loews Hotels & Co’s culture is for all our properties to be a Good Neighbor and it is one of our guiding principles to connect with our communities. Loews Annapolis is honored and privileged to work with local and regional businesses and be a great partner and resource. Anchored in Annapolis heritage, and located in the heart of America’s sailing capital, Loews Annapolis Hotel is dedicated to making memorable moments for our guests.

LAUNCH! Annapolis

With over 2000 members, LAUNCH! Annapolis is a non-profit organization dedicated to connecting entrepreneurs with resources by hosting educational, networking and social gatherings while pursuing initiatives to support innovation and high-growth startups in the state’s capital. http://launchannapolis.org/

MCVC Partners

MCVC Partners, a venture capital firm, helps leaders and organizations practice “virtuous commerce.” MCVC Partners helps teams focus, execute, and celebrate their vision while balancing their value proposition with social impact. For more information, visit http://www.mcvcpartners.vc

The Maryland Tech Council

The Maryland Tech Council (MTC) is a collaborative community, actively engaged in building stronger technology and life science companies by supporting the efforts of our individual members. We are the largest technology trade association in the state of Maryland with over 400 members. We support our member companies who are driving innovation through advocacy, education, workforce development, cost savings and connecting entrepreneurial minds. For more information, visit www.mdtechcouncil.com.

TEDCO TEDCO provides Mentoring, Funding, and Networking opportunities to Entrepreneurs for the accelerated success of an innovation economy in Maryland and beyond.