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Are you an entrepreneur
in need of a jump start?

The InvestMaryland Challenge is a national seed and early-stage business competition hosted by the State of Maryland. The Challenge will award $300,000 in grants and a host of business services to companies in the life sciences and high tech industries. Companies also have the opportunity to receive direct investments from venture capital firms and angel investors.

Qualifications

To qualify, start-ups must have fewer than 25 employees and annual revenues of less than $1 million. The competition is for independent ventures in the seed, start-up, or early-growth stages. The company must be a duly-organized legal entity and in good standing with the state in which they are legally registered. Sole proprietorships are not eligible. Existing Maryland ventures must have a principal place of business in Maryland. Non-Maryland ventures are expected to establish a place of business in the state either through acquired space or a state incubator. At least 51% of the grant money must be spent within the state. Entrants can only apply for one category. A non-refundable $100 application fee required. Subject to other requirements.

Submissions Accepted: September 24 - December 13, 2012

Categories

IT Hardware & Software

IT Hardware & Software

This category covers a broad range of technologies including, but not limited to Cyber Security, Cloud Computing, Data Mining & Analytics, Forensic Tools, Geospatial, Data Management, Social Media & Apps, Cellular Tools and E-Commerce.
(Open to Maryland companies only).
Life Science

Life Science

This category covers a broad range of products and services critical to the life science ecosystem including, but not limited to Biotechnology, Pharmaceutical, Medical Devices, Diagnostics and Therapeutics
(Open to Maryland companies only).

General - Open nationally to all industries

General - Open nationally to all industries

This category covers a broad range of technologies focused on Maryland’s top industries including, Energy, Agriculture, Aquaculture, Maritime, Clean Tech, IT, Life Sciences and Manufacturing and concepts with high social impact.
(Open to Maryland & Non-Maryland-based companies)

Timeline


Application Submission Began: September 24th, 2012 

Application Deadline: December 13th, 2012

Round I Scoring:  January 4th – 21st

Round 2 Judging: February 1st – February 15th


The top 60 applicants will be notified by January 22nd
and asked to upload a business plan before February 1st
.


 Semi-Finalist Announced: February 19th

Face-to-Face Interviews: March 5th

Governor’s Cup Awards Ceremony: April 15th

 

Companies advancing to Round Three 


IT Hardware & Software

Red Owl Analytics
AirPatrol Corporation
Light Point Security
Social Toaster, Inc
ClickMedix, LLC
Mangement CV
Common Curriculum
VisiSonics Corporation
CarFare Compare
Visual Telehealth
Life Sciences

ConverGene
Immunomic Therapeutics
Ark Sciences
Remedium Tecnologies
Cerecor
SynAm Vaccine
Vasoptic Medical
CoolTech
BOSS Medical
Graybug
General

Cofounderslab
Woofound
Triea Systems, LLC
AdStaq
Sickweather
Mercaris
Cortix Systems
Advanced Concepts Research Group
Maryland Energy and Sensor Technologies
Sustainable Systems International
I-Lighting
Tiatros
AnCatt

 


 Companies advancing to  Round Two


IT Hardware & Software

 

Life Science

Be a Sponsor

Want to be part of the Challenge? Below are the many sponsorship opportunities for your consideration. Custom sponsorship packages are also available. If you would like to provide an in-kind business service, please contact us to discuss. Download the sponsorship opportunities.

Contact:
Sherri Diehl
Marketing Director
410-767-6835
sdiehl@choosemaryland.org


  • Gold Sponsorship - $25,000

    • Company Representative Serves as a Judge for the Challenge
    • Ongoing recognition and promotion as a Judge/Gold Sponsor
    • Access to applicant database
    • Company Representative Presents Prize at the Awards Ceremony
    • Company logo on all event collateral material, advertisements, and web site
    • Company name included in press releases
    • Company logo on event signage
    • Recognition from the podium at the event
    • Table for company display at the January Event
    • Table for company at Governor’s Cup Award Ceremony
  • Silver Sponsorship - $10,000

    • Company logo on all event collateral material, advertisements and web site
    • Access to applicant database
    • Company name included in press releases
    • Company logo on event signage
    • Recognition from the podium at the event
    • Table for company display
  • Bronze Sponsorship - $2,500

    • Company logo on all event collateral material, advertisements and web site
    • Company name included in press releases
    • Company logo on event signage
    • Recognition from the podium at the event
  • Supporting Sponsors - In-kind sponsorship opportunities

    • Company logo on all event collateral material, advertisements, and web site
    • Company name included in press releases
    • Company logo on event signage
    • Recognition from the podium at the event
  • Investor Awards

    Direct Investment Awards [and/or pitch opportunities] from VCs, Angel Investors, & Corporate Sponsors (Open to any of the top 30 finalists)

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Investor Partners

Entering the InvestMaryland Challenge is not just about the $100,000 grant but also the opportunity to get your business in front of investors. We have lined up top venture capital firms to view the InvestMaryland Challenge database and consider applicant companies for potential investments.

 Stimulating a Culture of Creative Problem Solving


Investors in established, rapidly growing companies focused on energy efficiency, resource efficiency and renewable energy.


Early stage investors that connect with Entrepreneurs via monthly meetings and other events


Investors in early-stage ventures and small to mid-sized growth companies developing or incorporating disruptive, “core” technologies in high-growth technology sectors.


Diamond Ventures is a venture capital firm organized to invest in and lend to highly qualified entrepreneurs, many of which may be minority or women-owned businesses.


The Dingman Center Angels connects regional start-up companies seeking seed and early-stage funding with angel investors.


EnerTech Capital invest in early to growth stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy.


Foundation Medical Partners is a leading national, independent, healthcare venture capital investment firm.


Greenspring Associates, founded in 2000 with offices in Maryland and California, is one of the largest venture-only fund-of-funds managers in the industry today.


Triathlon Medical Ventures is a Midwest-based venture capital firm that invests exclusively in the life sciences. We provide equity capital to early and expansion stage companies with proprietary biomedical technology platforms or products addressing significant human healthcare needs.


Early investors in high-potential technology companies.


Improving human health by funding the next wave of life sciences innovation.


 New Atlantic Ventures is an early-stage venture capital firm based in 
the Washington DC Metropolitan Region and Cambridge, Massachusetts.


New Markets Venture Partners is a leading early stage venture capital firmthat invests in and actively assists innovative information technology, business services, and education companies


Rock Spring Ventures, LP is a venture capital fund that invests in early-stage, high-growth life science companies in the United States and United Kingdom.


Sterling Patrners is a  private equity firm with a distinct point of view on how to build great companies.


Maryland’s leading source of funding for technology transfer and development programs and entrepreneurial business assistance.


Meet the Judges


Maryland’s most prominent academicians, entrepreneurs, venture capitalists, angel investors, attorneys, business executives and advisors will serve as judges for the InvestMaryland Challenge. Let’s meet them.


IT Hardware & Software Judges

 


Shirley Collier
Shirley Collier is the CEO of Optemax, LLC, and TechGrowth, Inc. She is a nationally known speaker, author, technology entrepreneur, philanthropist and advocate for economic development. For over 25 years, she has worked in technology research, university, government, and private industry including starting, managing, growing and selling a number of small technology firms since 1989. Prior to forming her own companies, Shirley held IT management positions for 8 years.


Chuck Cullen
Chuck Cullen is a General Partner at Grotech Ventures, an early-stage Venture Capital firm. His investment activities focus on enterprise software, e-commerce and healthcare IT. Chuck previously worked as a management consultant on Fortune 500 engagements for A.T. Kearney, Inc., practiced law with Hogan and Hartson and served as the Chief Financial Officer of Avatech Solutions, Inc., an IT solutions provider serving the design automation market.


Corey Culbreath
Culbreath is Director of Information Technology for BITHGROUP, Technologies, Inc., an energy engineering and technical services consulting firm. He is a certified project manager and IT professional with over 20 years of experience. Culbreath is providing support to the Maryland Department of General Services as a Program Manager for an energy management web development project.


Sarah Djamshidi
Ms. Djamshidi is the Founder and CEO of Speedshift Ventures. She was most recently the Executive Director of the Chesapeake Innovation Center (CIC) and was able to transform the program into a valuable resource for tech startups. During her tenure, Ms. Djamshidi oversaw all of the CIC’s activities and mentored the member companies. Ms. Djamshidi has also been an adjunct professor and lecturer with the A. James Clark School of Engineering.



G. Reza Djavanshir
Reza Djavanshir, Doctor of Science in Systems Engineering and Engineering Management, joined the Johns Hopkins Carey Business School in 2002. He is an Associate Professor with expertise in the areas of Global Sourcing and Supply Chains, Technology Transfer & Strategic Planning, Technology Institutionalization, Auto-poetic Meta-Systems Design, and Systems Integration strategies. He was also the winner of the Johns Hopkins Carey Business School Excellence in Teaching Award in 2010.


Ethan Byler
Ethan Byler has spent his career supporting the growth of entrepreneurial enterprises. Most recently, Ethan was the Manager of Engineering for Global Development at the American Society of Mechanical Engineers where he managed innovation programs that impact ASME’s role in impacting humankind through developing technology solutions that target the 4 billion people living on less than $4 per day.


Bernadette Goovaerts
Bernadette Goovaerts is a Business Development Manager for the Montgomery County Department of Economic Development.  She is responsible for growing the entrepreneurship programs in Montgomery County and catalyzing the IT sector. She works with existing companies, startups and new companies.  Ms. Goovaerts has fifteen years of experience assisting high tech companies in the life science, IT and telecommunications, aerospace and defense industries. She has lead the international business development efforts with missions to foreign trade and partnering conferences in the life sciences and advanced technology domains.


Rob Doub
Mr. Doub joined New Markets Venture Partners in 2003 and is a General Partner. Robb is the lead administrative partner and serves as a board director for eCoast Sales Solutions and Appfluent Technology, and is lead partner or board observer for K2 Global, Kroll Bond Ratings, Navtrak (sold to Telogis), Three Stage Media, CSA Medical and TidalTV. He also serves on the board of Egeen International and the Conflicts Advisory Board of the off-shore hedge funds.


Mark Grovic
Mr. Grovic co-founded New Markets Venture Partners in 2003 and is a General Partner. Mark serves or has served on the Board of Directors for Innovative Biosensors, Lightningcast (sold to NYSE: TWX), Moodlerooms (sold to Blackboard) and Workspace.com. Mark also serves as a board observer for Aldagen (sold to Cytomedix CMXI), Andera, BioSET, Overture Technologies, Paratek Microwave (sold to RIM), Questar Assessment, and Vision Chain.


Ellen Hemmerly
Ms. Hemmerly is Executive Director and President of the UMBC Research Park Corporation and Special Assistant to the Vice President for Institutional Advancement at University of Maryland Baltimore County (UMBC). She is responsible for overseeing a 520,000 SF high technology research and technology park (bwtech@UMBC) which includes three incubators, an accelerator and research park, and two technology commercialization programs (ACTiVATE and INNoVATE).


Michael Howard
Howard is founder and Managing Member of the MJH Group, a private investment and management consulting firm. He is also a Board Member and Sub-Committee Chair of the Maryland Venture Fund Authority and served as an Advisory Board Member to the University of Maryland Greenebaum Cancer Center.


Vernon Lee
Mr Lee is Managing Partner at Brightwood Management Partners, LLC which is an investment and business advisory firm for middle market companies, institutional investors, entrepreneurs, and entertainment partners. Mr. Lee is currently a co-chair of the Venture Capital Access Program (VCAP). He also was a member of a delegation of senior U.S. business leaders that participated in the Committee of 100′s Greater China business conference in Beijing.


Mark Levine
Levine is Managing Director of Core Capital Partners, a Washington DC based venture capital firm with $350 million under management. An active venture investor for 25 years Levine was an early investor in webMethods, one of the most successful software IPOs in NASDAQ history.


Pascal Luck
A chartered financial analyst, Luck is Managing Director of Core Capital with a primary focus on the firm’s new media, networking infrastructure and information technology sectors. He has been an advisor to and an investor in emerging technology companies as an investment banker and venture capitalist since 1994.


Robert Sapitowicz
Robert is Vice President of Business Development, Marketing and Communications for ARINC. Responsibilities include corporate strategic planning, acquisitions, technology evaluation, market research, business case development. In addition, Robert has recently assumed responsibility for the overall corporate marketing and communications for ARINC.


Matthew Koll
Dr. Koll is an entrepreneur and information scientist with over 30 years of experience in search, social media and related fields. He is Chairman and Co-Founder of 410 Labs, the developers of Mailstrom, Shortmail and Replyz. He is a member of Active Angels and Baltimore Angels investment groups and coaches entrepreneurs in the NVTC FastTrac program.


John Parris
CEO and a founding partner of Smartronix, Mr. Parris has 24 years of experience in the Department of Defense Information Technology industry. His diverse technical background and successful history in business operations, strategy development, and Government contracting has assisted him in establishing Smartronix as one of the fastest growing companies in the Washington DC metropolitan area and the U.S.


Nayab Siddiqui
Mr. Siddiqui is the President and CEO of Scientific Systems & Software International Corporation. He has over 26 years of Management and Information Technology experience. His career in IT started in the early 80s, and spans from software and development to corporate management. Special skills include software product development, strategic planning of complex programs, project management, and contracting and business operations.


Bel Leong-Hong
Ms. Belkis Leong-Hong is the Founder, President, and CEO of Knowledge Advantage Inc., a small woman-owned business specializing in delivery of IT And Knowledge Management Solutions. Ms. Leong-Hong is a strategist and a change agent. As a former career flag-equivalent senior executive in DOD, Ms. Leong-Hong has held a number of high-level positions in DOD including Deputy Assistant Secretary of Defense for (C3I) and the Principal Director and CIO at the Defense Security Service (DSS). She is a published author of a technical book, dozens of technical refereed articles; as well as keynoter on leadership.


Patrick Wynn
With a background of over 25 years’ experience in strategic and consultative business development, Patrick brings excellent leadership to his role as Program Director to the Howard County Tech Council; and as an Advisor to early stage companies. Patrick was also the Managing Director, Strategic Development at the CSO Breakfast Club; Vice President of Business Development at Sabera; and the National Sales Director for Lawson Software at Ernst & Young Technologies. Patrick currently holds an inactive Top Secret/SSBI Clearance, and is an active member of Infragard Maryland.


Omar S. Muhammad
Omar is an “intrapreneur” for Morgan State University where he manages the Entrepreneurial Development & Assistance Center (EDAC). Past work experience includes managing a $4 million small business loan fund, helping women start businesses and developing content to teach youth and others how to create entrepreneurial ventures. He serves on a state loan committee, on the advisory council of Diversitech and on the board of the Greater Baltimore Technology Council. He has received several awards from the United States Small Business Administration and community organizations.


Richard Kohr
Mr. Kohr is a founding member and Chief Executive Officer of Evergreen Advisors LLC. He has over 25 years of experience in advising early stage growth and middle market, closely-held companies. He serves on the Board of Directors for: Acuity Mobile, Inc., Butler Capital Corporation, ICAT Logistics, Inc., MetaSource, Pathsensors, Inc., Emerging Technology Council, and held past Board of Directors positions with various entities including: e.magination network LLC, Platform Logic Inc., Hi-Tech Fasteners Inc., and Maryland Development Technology Center (MDTC).


Life Science Judges


Richard Bendis
Bendis is founding President and CEO of Innovation America (IA), a Global Innovation Intermediary focused on accelerating growth of America’s entrepreneurial innovation economy. He is also President and CEO of BioHealth Innovation, engaged in commercializing innovations from Federal Labs, Universities, Industry spinouts and Entrepreneurs in the region.


Ted Abraham
Ted Abraham is the Associate Dean for Research (National Capital Region) at Johns Hopkins Medicine and the Vice-chief of Cardiology at Johns Hopkins Hospital. He is a board certified cardiologist with a faculty appointment in the Johns Hopkins Division of Cardiology and an affiliate appointment in the Johns Hopkins Institute for Computational Medicine. He serves on the clinical advisory board of the Johns Hopkins Center for Bioengineering Innovation and Design. He has founded several academic and clinical programs at Johns Hopkins Medicine.


Todd Chappel
Todd Chappell is currently an Entrepreneur-in-Residence (EIR) at the NIH. As the first EIR at NIH, he will assist the Office of Technology Transfer (OTT) in the evaluation of existing technologies, provide an entrepreneurial perspective to OTT in its evaluation of new licensing proposals from start-up companies, advise OTT on opportunities for new ventures based on NIH/Food & Drug Administration (FDA) technologies, assist with developmental strategies, and mentor scientists to help ensure their research becomes commercially valuable.


Selma C. Kunitz
Selma has over 35 years of proven ability in applying innovative methodology, technology, and organizational structures to clinical studies. She currently serves as the founder, Senior Research Scientist and Former President for several ongoing NIH contracts and in this role leads KAI efforts to develop quality assurance guidelines, checklists for investigator conduct of clinical trials, data and safety monitoring boards (DSMBs) and procedures, common data elements and data warehouses. She has a B.A., in Economics from the University of Rochester, an M.S., in Management Information Systems and Organization Development from American University and a Ph.D., in Public Health (Behavioral Science/Social Epidemiology) from Johns Hopkins University.


David Fink
David’s career in biotechnology and biomedical product development spans over 30 years as a researcher, research manager, consultant, entrepreneur and officer of several start-up biotech companies. He was trained in chemical engineering at the Universities of Cincinnati and Michigan and was a post-doctoral fellow in biochemistry at Purdue University. He then joined Battelle Memorial Institute in Columbus, Ohio where he conducted and managed research on more than 100 projects over a 12-year period.


Steve Dubin
Dubin is a Senior Advisor to DSM Nutritional Products advising on mergers and acquisitions. He also chairs the Maryland Economic Development Commission. and is a member of the Board of Visitors of the University of Maryland’s A. James Clark School of Engineering.


Landon King
Landon S. King, M.D., is the David Marine Professor of Medicine and Biological Chemistry, and Director of the Division of Pulmonary and Critical Care Medicine and is the Vice Dean for Research at JHU. Dr. King completed his residency in Internal Medicine at Hopkins on the Osler Medical Service, where he served as an Assistant Chief of Service. As a postdoctoral fellow in Pulmonary and Critical Care Medicine, he studied aquaporin water channels with 2003 Nobel Laureate Peter Agre. Dr. King joined the faculty as an Assistant Professor in 2005, and became a Professor in 2010.


Kenneth C. Carter
Dr. Carter is a co-founder and the Chairman of Noble Life Sciences, Inc., a biotechnology service company focused on pre-clinical drug discovery and development that also serves as a platform for incubating product oriented biotechnology companies. He also serves as CEO of NexImmune Inc., a start-up company that is developing human therapeutic products He also co-founded Avalon Pharmaceuticals, Inc. (Nasdaq:AVRX) in January 1999 and served as CEO for 10 years until 2009 when Avalon merged with Clinical Data, Inc. Prior to that, Dr. Carter directed the gene mapping initiative at Human Genome Sciences, Inc.


Kyp Sirinakis
Ms. Sirinakis has more than 20 years of experience creating and growing companies and a proven track record as an early-stage investor and senior executive in various technology and life science companies in the Mid-Atlantic region. She is the co-founder and Managing Partner of Rock Spring Ventures, LP a Maryland-based early stage life science venture fund targeting companies in under-ventured regions of the US and UK.


David Smith
Mr. Smith is the Head of Therapeutic Solutions at the Lonza Group. During his tenure, he has expanded Cell Therapy manufacturing business, and secured multiple US government contracts. Prior to working with the Lonza Group, Mr. Smith was the Vice President of Cell Therapy Services at Cambrex Corporation, where he also established multiple manufacturing sites.


Lindsay Thompson
Dr. Thompson joined the Johns Hopkins Carey Business School in 2002. She is an Associate Professor in the practice track with expertise in the role of character and human values in business, society, and corporate culture. She is a former Secretariat of the International Society of Business, Economics, and Ethics, sponsor of the quadrennial World Congress of Business, Economics, and Ethics.


Eric Richman
President & CEO, PharmAthene, Inc., Mr. Richman has extensive experience in the development and commercialization of novel biotechnology-based therapeutics, including work at MedImmune, Inc. and Healthcare Ventures. He was part of the founding team at MedImmune, holding various administrative, financial, strategic planning, and marketing and international positions and was responsible for the U.S. launch of MedImmune’s first commercial product.


Martha Connolly
Dr. Connolly is the Director of the Maryland Industrial Partnerships (MIPS), an award winning program of the Maryland Technology Enterprise Institute (Mtech) at the A. James Clark School of Engineering at the University of Maryland. The Maryland Industrial Partnerships program accelerates the commercialization of technology in Maryland by providing matching funds for collaborative R&D projects between companies and University System of Maryland faculty.


Gloria Jacobovitz
Gloria Jacobovitz, Ph.D, is an innovative entrepreneur with expertise in business and technology consulting. Ms. Jacobovitz is currently the Program Director at the Maryland Center for Entrepreneurship, which focuses on igniting an entrepreneurial culture, connecting the layers, and growing the entrepreneurial ecosystem across the state of Maryland. Ms. Jacobovitz holds a Ph.D in Physics, and MS in Biotechnology.


Youseph Yazdi
Youseph Yazdi is the Executive Director at Johns Hopkins Center for Bioengineering Innovation & Design, Program Director at Johns Hopkins – Coulter Translational Partnership, and Assistant Professor, Johns Hopkins Department for Biomedical Engineering. Dr. Yazdi has over 26 years of experience focused on early-stage medical technology development. Since joining Johns Hopkins University in 2009, Dr Yazdi has led several programs focused on early-stage medical innovation.


Jane Shabb
Jane Shaab serves as Assistant Vice President for Economic Development, University of Maryland, Baltimore, Executive Director UM BioPark and Senior Vice President and Secretary of the UM Health Sciences Research Park Corporation. Ms. Shaab has been associated with the University of Maryland for eleven years. Ms. Shaab served as Senior Director of Business Development for the Office of Research and Development and Senior Director of Corporate Relations for the University’s Office of External Affairs before joining the pre-project development team for the UM BioPark.


Jill A. Tarzian Sorensen
Jill A. Tarzian Sorensen is a senior innovation manager with over twenty-five years of experience in emerging technology, intellectual asset, business and economic development management. She is the Executive Director of BEVI, the Baltimore-Washington Electric Vehicle Initiative, a division of the non-profit International Center for Sustainable Development. As a clean energy advocate, Jill also serves as a Board Member and, currently, Vice Chair of the Maryland Clean Energy Center, and member of the Maryland Electric Vehicle Council, both by appointment of Governor Martin O’Malley.


Mojdeh Bahar, J.D., M.A., CLP
Mojdeh Bahar is the Chief of the Cancer Branch at the Office of Technology Transfer, NIH where she leads a group of Licensing and Patenting Managers responsible for patenting and licensing NIH and FDA inventions in the areas of cancer, gene therapy, and biological response modifiers. She also serves as the Chair of the Federal Laboratory Consortium for Technology Transfer (FLC). She has spoken nationally and internationally on a wide spectrum of topics ranging from restriction practice, double patenting, and claim drafting to technology commercialization, business development, and licensing.


Lisbeth Pettengill
Ms. Pettengill is currently the Vice President of the Greater Baltimore Committee. She coordinates efforts to enhance growth of the bioscience industry in Maryland by building a network of stakeholders to address barriers. Ms. Pettengill was formally the Director of Development Communications at the University of Maryland, and the Associate Vice Chancellor of Public Affairs at North Carolina State University. Ms. Pettengill was also named one of Maryland’s Top 100 Women in 2005 and 2008.


General Category Judges

 


Paul Ausley
Owner and president of Ausley Associates Inc., Ausley specializes in unmanned air systems and fighter aircraft acquisition and engineering management. The company has over 100 employees with program management, system engineering and logistics expertise. The former U.S. Navy Flight Officer has 15 years of management experience in the defense industry.


Dion D. Banks
Banks is Director of Governmental Affairs of Cambridge International. He has been responsible for the development of Cambridge Environmental Technologies, positioning Cambridge as a supplier in the gasification market and the development of a self-cleaning electrostatic precipitator.


Brian Darmody
Darmody is Associate Vice President for Research and Economic Development, Director of Corporate Relations, and Special Assistant Vice Chancellor for Technology Development, University System of Maryland. He is responsible for developing linkages with private and government sectors, and developing projects funding opportunities and policies to support these initiatives.


Greg Cangialosi
Greg Cangialosi is an entrepreneur and early stage investor based in Baltimore, MD. Most recently Greg is a co-founder of Betamore, a Baltimore based urban campus for technology and entrepreneurship. Prior to that his company, Blue Sky Factory, a leading email marketing service provider was acquired by WhatCounts. Greg is also currently the managing director of both the Baltimore Angel’s and Nucleus Ventures.


Daniel R. Wallace
Wallace is Director of Renewable Energy Systems, BITHENERGY, Inc., an energy engineering and technical services consulting firm. He is an energy engineer, project manager and business consultant with over 10 years of experience. Recent projects include a 700KW solar array for Baltimore-based Chimes, International.


Pino Martin
Ms. Martin is currently an Associate Professor at the Department of Aerospace Engineering at the University of Maryland. She is also a visiting Research Scholar at Princeton University, and her research includes computational fluid dynamics, numerical simulation of turbulent flows, and direct numerical and large eddy simulation. Ms. Martin was an Assistant Professor at Princeton before joining the University of Maryland, and received the Alfred Rheinstein’11 Faculty Award in May 2007.


Julie Lenzer-Kirk
Julie Lenzer Kirk is the Director of the Maryland Center for Entrepreneurship based in Columbia, Maryland which is focused on igniting the entrepreneurial culture and bringing together the entrepreneurial ecosystem across the state. She is also the co-founder and former CEO of the Path Forward Center for Innovation and Entrepreneurship, a nonprofit that helps women expand economic opportunity by starting and building growth-oriented businesses.


Don Fry
Donald C. Fry has been the president and CEO of the Greater Baltimore Committee (GBC), the central Maryland region’s most prominent organization of business and civic leaders, since November 2002. Fry served as GBC executive vice president from 1999 to 2002. From 1980 to 1999 Fry was engaged in a private law practice in Harford County. He is one of only a handful of legislators to have served on each of the major budget committees of the General Assembly.


Mike Molino
Vice President and Director of Business Development for the Direct Energy and Radiological Detection Research Operation at SAIC, Molino leads marketing efforts across the government funded research customer set. He also works with the company’s customer base to develop plans to transition research projects to operational use both commercial and inside the Department of Defense.


Mike Thielke
Mike Thielke has been a lifelong entrepreneur, starting his first business at the age of 23 in 1977. Mr. Thielke is currently the Executive Director for the Eastern Shore Entrepreneurship Center. His entry into nonprofit activity, and most rewarding life experience, began with the Schooner Sultana project in Chestertown, MD as the founding Executive Director responsible for creating the organization and capital campaign.


Larry Twele
Mr. Twele is currently the Executive Vice President of Business Development for Howard County. Larry focuses on business and real estate development. Prior to this position, Mr. Twele served as the Director of Carroll County’s Department of Economic Development for more than six years, and held numerous other positions focusing on Economic Development. Mr. Twele attended both the University of Maryland and Loyola University.


Stephen M. Rice
Stephen M. Rice is currently the Vice President of Business Development for The Howard County Economic Development Authority. Mr. Rice brings to the Authority years of experience from an Economic Development Policy Analyst for the Manhattan Borough President’s Office to the Greater Baltimore Urban League as their Director of Economic Development Projects. He has served on a variety of local civic commissions and currently serves as a Captain in the Maryland Defense Force.


Timothy E. Harwood
Timothy E. Harwood had been the Business Development Manager for the Howard County Economic Development Authority, supporting businesses within the county and those looking to relocate their operation to or within Howard County Maryland since 2010. Most recently he served as the Director of Marketing and Events at the Howard County Chamber of Commerce. Prior to his position with the Chamber of Commerce, Harwood was the Director of Business Development at Stewart Technologies, Inc.


Tom Sadowski
Mr. Sadowski joined the Alliance in January of 2006 to manage the Region’s response to the 2005 Department of Defense Base Realignment and Closure (BRAC) initiative. Tom has also helped create new State initiatives like the InvestMaryland venture capital program, and new tech transfer and commercialization efforts at Johns Hopkins, the University of Maryland and federal institutions. Tom was recognized as a “Top 40 Business Leader Under 40” and as one of the most “Influential Marylanders” in 2011. He serves on numerous Boards including the Governor’s Federal Facilities Advisory Board and CyberMaryland Advisory Board.


Rob Rosenbaum
Mr. Rosenbaum is an accomplished finance and operations executive with a 30 year history of building and managing high performance teams and organizations. As President and Executive Director of TEDCO, he is responsible for the strategic and operational leadership to ensure its position as a national leader in technology transfer from academic and federal research labs, as a seed and early-stage investor and as a provider of entrepreneurial business assistance.


Jason Hardebeck
Jason Hardebeck is a serial entrepreneur and has been a founder and senior executive in a number of venture- and angel-backed startups. He founded and sold WhoGlue to Facebook in 2011 and currently serves as the Executive Director of gb.tc  Greater Baltimore Technology Council. He also served five years of active duty in the U. S. Navy as a nuclear-qualified surface warfare officer.  Jason holds a BS in Mechanical Engineering from the U.S. Naval Academy and an MS in Business from Johns Hopkins University.


Elana Fine
Elana Fine was appointed Managing Director of the Dingman Center in July 2012, after joining the team in 2010 as Director of Venture Investments. As Managing Director, Elana’s primary focus is leading the Dingman Center in support of its mission and strategic plan. Key responsibilities include oversight of our student venture incubator, Dingman Center Angels investor network, business competitions, and technology commercialization efforts.


Anthony C. Nelson
Anthony C. Nelson is the dean of the College of Business at Bowie State University. He is responsible for overall operation of the college, and led the partnership between the Bowie Business Innovation Center, the City of Bowie, and Bowie State University to house the Center within the College of Business. Prior to joining Bowie State University, he was the dean of the College of Business at Grambling State University. He has held various systems development and project management positions with manufacturing firms and the banking industry.


Sally Sternbach
Sally Sternbach is Executive Director of Rockville Economic Development, Inc. Since she began in early 2003, she has launched the Rockville Women’s Business Center, gained approval for a hotel for Rockville Town Center, participated in successful bids for Choice Hotels and MesoScale Diagnostics headquarters, initiated the Rockville Innovation Center which today houses 35 start-ups, and created a women’s business plan competition with $20,000 in annual cash prizes and an annual Postdoc Conference and Career Fair for 500 S.T.E.M. postdocs. In her prior life, she spent 18 years with AT&T.


Jay Cohen
Jay G. Cohen has more than 20 years’ experience representing venture capital and private equity funds in connection with their fund formation, portfolio company investments, and exit transactions. He has represented clients in more than 50 venture capital and private equity investments. Mr. Cohen also actively represents early and later stage companies in connection with their funding and expansion requirements, in addition to their day-to-day operational needs. Admitted to practice in Maryland and the District of Columbia, Mr. Cohen is a graduate, with honors, of George Washington University Law School.


Art Jacoby
Art Jacoby is an award-winning, well known small business expert based in Baltimore, Maryland. He is currently the Managing Partner at MD Cyber Investment Partners, and Principal at JACOBY. Since 1986, Mr. Jacoby has advised several hundred small business owners, raised capital, and sourced and negotiated acquisitions and divestitures. He has been honored as the recipient of Smart CEO’s 2006 Top Advisor Award and the Greater Baltimore Technology Council’s 2005 Connector of the Year Award.


Kirby Fowler
Kirby Fowler is President of the Downtown Partnership of Baltimore, Inc., a nonprofit corporation working to make Downtown Baltimore a destination of choice for businesses, employees, residents, and visitors. During his tenure, The Partnership has revitalized parks, promoted new housing and retail, retained and attracted employers, implemented new transit strategies, assisted the homeless, and launched an initiative to reimagine Pratt Street, Baltimore’s main boulevard.


Cherie Nichols
Ms. Nichols directs a program at the Johns Hopkins Carey School of business to develop a first-of-its-kind applied entrepreneurship training program for life science professionals interested in bringing innovations to the marketplace. Now in its third year, the INNoVATE Program is a highly sought-after and successful training program, which has produced award-winning companies in science and technology, and a robust network of community business relationships.


H. Victor Hess
Mr.Hess is a Cyber Entrepreneur in residence. His career has spanned a very wide range of successful achievements. He has served in senior positions in all of executive management, marketing, sales, business development, and technical disciplines. These roles have been implemented in a variety of business entities, all the way from the launch and growth of a number of entrepreneurial startups to the creation, development, and direction of the executive team in several midsize and Fortune 1000 companies.


Deborah Tillet
Ms. Tillett is the President and Executive Director of Emerging Technology Centers. As the Executive Director and President, Ms. Tillett is responsible for management of budgetary, administrative and programmatic functions; strategic planning of ETC. Prior to joining ETC, Ms. Tillett served as president and co-founder of Immersive 3D, LLC, a technology start-up providing web-based 3D computer gaming solutions for K-20 education and offering contract-based technology services. She was named one of the 100 Most Influential Women in Gaming in 2006.


H. Victor Hess
Mr.Hess is a Cyber Entrepreneur in residence. His career has spanned a very wide range of successful achievements. He has served in senior positions in all of executive management, marketing, sales, business development, and technical disciplines. These roles have been implemented in a variety of business entities, all the way from the launch and growth of a number of entrepreneurial startups to the creation, development, and direction of the executive team in several midsize and Fortune 1000 companies.


Stanley Tucker
Mr. Tucker is president, chief executive officer and co-founder of Meridian Management Company, Inc. The firm manages three comprehensive program funds: the Maryland Small Business Development Financing Authority (MSBDFA); Community Development Ventures, Inc. (CDV); and MMG Ventures, LP (MMGV) which provides its clients with every opportunity a company needs to grow and succeed. Mr. Tucker currently also serves as the Managing Partner of MMG Ventures, LP and President of Community Development Ventures, Inc


Special Awards

 

AND THE WINNERS ARE…


Information Technology: ClickMedix, SocialToaster, RedOwl Analytics

Life Sciences: Graybug, Remedium Technologies, BOSS Medical

General Category: Triea Systems, iLighting, Mercaris

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Round Trip Airline Tickets -

WINNER: LS GRAND PRIZE

WINNER: IT GRAND PRIZE

WINNER: GENERAL GRAND PRIZE

Sponsor: Spirit Airlines

Six Airline tickets (two per winner) to anywhere Spirit flies

(Except Lima, Peru and San Salvador in the Bahamas) – Value $2400

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Three BHI Commercial Relevance Program Awards – $2,500 Value

WINNER: BOSS MEDICAL 

WINNER: CONVERGENE

WINNER: VASOPTIC MEDICAL

Sponsor: BioHealth Innovation

SBIR grant proposal and consulting assistance will be awarded to two biohealth small businesses.


Johns Hopkins University Center for BioEngineering Innovation & Design Mentorship

WINNER: Vasoptic Medical 

Sponsor: Youseph Yazdi, JHU Center for BioEngineering Innovation & Design

Mentorship program offered to a bio startup to help grow their business.

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25 Hours of Electromechanical Device Development – $2,500 Value -

WINNER:  Vasoptic Medical

Sponsor: Root3 Labs and Sensing Machines

Root3 Labs and Sensing Machines have partnered to provide a company with 25 free labor-hours of electromechanical device development support for medical devices, industrial, or consumer electronics products. This can include strategic planning or actual electrical and mechanical design time toward prototype development or commercialization. Up to you.


Legal Services

WINNER: LS GRAND PRIZE

WINNER: IT GRAND PRIZE

WINNER: GENERAL GRAND PRIZE

Sponsor: Whiteford, Taylor & Preston

Free Legal Services –3 hours of legal services without charge and 10 additional hours at a 50% discount. Three companies in each category will receive this award.


Incubator Space – Valued at $1,500 each

WINNER:  Advanced Concepts Research Group  

WINNER: Cortix Systems

WINNER: Light Point Security 

Sponsor: bwtech@UMBC Research & Technology Park

6 months of free Affiliate Service at the most appropriate incubator to each of the winners in each category and 3 months of free Affiliate Service at the most appropriate incubator to the second and third place finishers in each category.


Incubator Space

WINNER:  Sustainable Systems International 

Sponsor: Bethesda Green Incubator

One high-growth, “green business” will receive an award of either a virtual or part-time (10 hours per week) relationship with the incubator for a year. The value of the virtual relationship is $2,400 ($200 per month) and for the 10-hour per week part-time relationship, it is $3,000 ($250 per month). Green = a company that provides products or services that further the development of a sustainable economy. All companies, whether full-time, part-time or virtual receive the same services at the incubator. Companies can be either tech or non-tech.


Incubator Space

WINNER: CLICKMEDIX (SPACE)

WINNTER: VISUAL TELEHEALTH (AFFILIATE SERVICES)

WINNER: AIRPATROL (AFFILIATE SERVICES)   

Sponsor: Howard County Economic Development Authority

One company will receive one year of free incubator space at the Maryland Center for Entrepreneurship (valued at $2,500) and two companies will receive one year of affiliated services from the Maryland Center for Entrepreneurship or a credit of equal value towards dedicated space (valued at $1,200).


Emerging Technology Centers Award – Valued at $3,300 each

WINNER: MERCARIS

WINNER: Tiatros 

Sponsor: Emerging Technology Centers

Two companies will be invited to receive 6 months of Incubator Space and ETC services for free. – Value $3,300 each

Two companies will be invited to receive 6 months of Incubator Space and ETC services for free. – Value $3,300 each Includes utilities, taxes, phone system, 100 Mg fiber internet connection, maintenance of common areas, trash removal services, shared use of common areas (including conference rooms, kitchens, and rest rooms), use of available ETC office furniture during the term of the Agreement, and access to all of ETC’s incubator services. Payment also includes telephone usage, internet usage, postage meter usage, outbound fax usage and copier usage.


$5,000 grant -

WINNER:  COMMON CURRICULUM 

Sponsor: New Markets Venture Partners

New Markets Venture Partners will provide a $5,000 grant to the best EdTech company.  The winner will also get a meeting with the New Markets team and introduction to other potential investors.

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Logo and Web Design Services

WINNER:  ANCATT

Sponsor: Roye Productions

Roye Productions will design a logo for one company and offer discounted web design services.

 

TBC


Logo Design

WINNER: SOCIALTOASTER

Sponsor:  TBC

TBC will offer one applicant an original logo design

 

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University of Maryland Ventures – $5000

WINNER:  VISISONICS

Sponsor:University of Maryland Ventures

UM Ventures will award $5,000 to a University of Maryland affiliated applicant. The applicant can be an alumnus or University of Maryland startup from either the Baltimore or College Park campuses.

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TechBridge℠ Showcase Presentation

WINNER:  LIGHT POINT SECURITY

Sponsor:  Chesapeake Innovation Center

The Chesapeake Innovation Center’s signature program, the TechBridge℠ Showcase, provides innovative technology companies the opportunity to present their company to our strategic Corporate Partners representing the national security, Health IT, investment and entrepreneurial community in Anne Arundel County and the surrounding region. One or more Challenge applicants may be selected to participate in a 2013 TechBridge℠ Showcase.

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Five CRTC PowerHours – Valued at $1250 each

WINNER: MERCARIS

WINNER: Tiatros 

Sponsor:  CRTC 

Five winning technology companies will receive 60 minutes of business strategy discussion and   feedback to help game-change their business this year.

This offer will include:

  • A one-page Business Plan format for them to prepare in advance of the meeting. Topics will include: Vision, Key Goals and Strategies/Tactics for Marketing, Sales, Operations, Legal and Finance.
  • A savvy panel of connected Business Leaders to provide feedback on the Plan.
  • Recommendations will include specific ideas on how to maximize the business results via CRTC.

CRTC’s PowerHour Panel includes CRTC President/Chief Marketing Officer, TeleCommunication Systems, Inc. (TCS) Tim Lorello, CRTC Executive Director Kris Valerio Shock, Bill Graf, M&T Investment Banking Group, Gregory M. Stone, Esq., Whiteford, Taylor & Preston L.L.P. and technology business advisor Art Jacoby.

logo


Logo Design

WINNER: MANAGEMENT CV

Sponsor: Mos Creative

Free logo design and discounted collateral material design, with web design, internet marketing services with the video/animation.