Archives For Innovation & Tech

Roughly two years ago, two friends from the University of Maryland, College Park set out to develop a new 3D printer, small, affordable and stylish enough to attract the average consumer.

Michael Armani and David Jones co-founded M3D and watched their vision rapidly materialize. Following extensive press coverage and a Kickstarter campaign that raised $3.4 million (well above its $50,000 goal), the company finalized its signature Micro Motion Technology, which powers the device.

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Find additional coverage, celebrating the State’s industrial heritage and today’s innovators, during Maryland Manufacturing Month.

Zentech Manufacturing is no stranger to the ever-changing manufacturing industry in Maryland. The contract electronics manufacturer formed in 1998 and settled its operations in Windsor Mill in Baltimore County, where it still resides today.

The company produces components, assemblies, and finished goods for its customers while supporting a wide range of industries in the State – including medical, military and defense, aerospace, broadband, and networking and telecommunications.

Zentech also provides high-speed and precise printed circuit board (PCB) assembly, helping operate nearly all types of electronic products on the market.

Take a look inside Zentech’s 42,000 square-foot facility in the above video.

PA industrial park Somerset County is expanding broadband service with help from a $65,000 grant from the Maryland Department of Business and Economic Development (DBED), Lt. Governor Anthony Brown today announced.

The funding, provided by DBED’s Maryland Economic Development Assistance Authority and Fund (MEDAAF), will be used to install fiber optics throughout the Princess Anne Industrial Park.

The U.S. Department of Agriculture (USDA) will assist with the broadband expansion by contributing $137,000. The Maryland Broadband Cooperative will supervise the installation while providing labor, equipment, materials and testing throughout the park.

“Investments in broadband expansion translate into additional opportunities for Marylanders and continued economic growth,” said Lt. Governor Brown. “We’re committed to making investments like this one a priority to ensure cyber infrastructure is in place and available to businesses and Maryland families in every part of our state.” Continue Reading…

Maryland, the nation’s epicenter for cybersecurity, will host the fourth annual CyberMaryland Conference, Oct. 29-30, at the Baltimore Convention Center.

Local, national and international entrepreneurs, investors, academics, students, enterprises and government officials will gather to discuss the “business of cyber,” according to Jeffrey Wells, Executive Director of Cyber Development within the Maryland Department of Business and Economic Development.

Find additional details and registration information here.

Startup Maryland's Pitch Across Maryland 2014 tour will kick off on Sept. 15 and continue through Oct. 3.

Startup Maryland’s Pitch Across Maryland 2014 tour will kick off on Sept. 15 and continue through Oct. 3.

Opportunity is knocking close to home for Maryland entrepreneurs. Startup Maryland’s Pitch Across Maryland 2014 tour will kick off on Sept. 15 and continue through Oct. 3 with stops across the State. In its third year, Startup Maryland is teaming up with the Maryland Technology Development Corporation (TEDCO) as a full-tour sponsor.

Pitch Across Maryland tour stops—from Hooper Island to Cumberland—bring information and resources directly to local entrepreneurs. Business mentors, industry leaders and active angel/VC investors provide coaching, guidance and support. On the tour bus, entrepreneurs will have the opportunity to pitch their business or plan in the UpStart Show video studio. Videos are then loaded onto YouTube where viewers can vote and share the pitches. The eight Best Ventures for High Growth Potential Finalists will be chosen to present at the TEDCO Entrepreneur Expo on Nov. 12.

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Maryland is the nation's epicenter for cybersecurity.

Maryland is the nation’s epicenter for cybersecurity.

Two Maryland cybersecurity companies are among a select group to have earned Cyber Incident Response Assistance (CIRA) accreditation from the National Security Agency (NSA) Information Assurance Directorate (IAD).

Bethesda-based Lockheed Martin Information Systems & Global Solutions and Maddrix, LLC, a startup cybersecurity firm in Baltimore, earned the accreditation through an assessment in 21 focus areas, including protection of critical consumer information and defense against cyber attacks. Only seven companies nationwide have completed the program.

“Lockheed Martin was honored to be designated as one of the first participants in NSA’s cyber incident response initiative, which further reinforced our commitment to customers and our cyber posture delivering Intelligence Driven Defense,” Darrell Durst, vice president of Cyber Solutions for Lockheed Martin Information Systems & Global Solutions, said in a statement. “We support the CyberMaryland program for its efforts with industry and government to enhance education and training programs, technology and innovation.”

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To date, more than 40 percent of Maryland’s sole proprietorship and general partnerships are filed through the Central Business Licensing and Registration Portal.

Licensing and registering your Maryland business just got even simpler. The State of Maryland has released an updated version of its popular Central Business Licensing and Registration Portal (CBL), NIC Maryland announced Wednesday.

“The portal is truly a ‘one-stop shop’ for conducting business in Maryland,” Governor Martin O’Malley said in a statement. “We’ve simplified the registration process to ensure that entrepreneurs can spend more time growing and running their businesses and less time sifting through paperwork.”

Governor O’Malley launched the CBL Portal in early 2013 as part of his Maryland Made Easy initiative. The system provides an online platform for registering a new business, creating legal entities, filing trade names and establishing state tax accounts. NIC Maryland developed the platform at no cost to the State through a self-funded e-government services contract.

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Maryland is the nation's epicenter for cybersecurity.

Maryland is the nation’s epicenter for cybersecurity.

A new State-supported funding resource is now available to help bolster Maryland’s cybersecurity community. The Maryland Technology Development Corporation‘s (TEDCO) Cybersecurity Investment Fund (CIF) will provide investments of up to $100,000 to Maryland companies seeking to develop and commercialize new cybersecurity products, TEDCO announced this week.

Eligible companies may represent all facets of the cybersecurity industry. Products may include devices or software that address digital network protection and computer or critical infrastructure security. Applicants must employ fewer than 16 full-time employees must have received less than an aggregate of $500,000 in equity investments from sophisticated investors.

CIF investments are expected to lead to follow-on investment and job creation, according to TEDCO.

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Marlin Steel Wire Products has been located in Baltimore since 1999.

Marlin Steel Wire Products has been located in Baltimore since 1999.

With assistance from the Maryland Department of Business and Economic Development (DBED), Baltimore-based Marlin Steel Wire Products has made a major equipment upgrade, DBED Secretary Dominick Murray announced Wednesday.

Marlin Steel has a history of adapting its manufacturing technology to meet market demands. When the company first moved to Baltimore in 1999, it largely produced wire baskets for bagel shops. The company later expanded into wire hooks and shelves and now services customers including Toyota, AstraZeneca, Boeing and Lockheed Martin.

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With help from the Maryland Department of Business and Economic Development (DBED), Rockville-based Triumfant plans to further develop its innovative cybersecurity services. The company has earned a $750,000 Maryland Venture Fund (MVF) investment, using InvestMaryland program funds, DBED announced Wednesday.

Triumfant is a leading provider of advanced threat detection for large commercial enterprises and government entities. The company uses mathematical theory, patented analytics and precision remediation capabilities to protect against next-generation malware attacks. Their technology stops breaches before they become full-scale attacks, and automatically repairs the machine and all collateral damage within minutes of the attack.

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Baltimore-based NV3 designs and manufactures mobile phone charging kiosks.

Baltimore-based NV3 designs and manufactures mobile phone charging kiosks.

Mobile phones are more popular than ever, with vendors projected to ship 500 million more mobile phones in 2016 than in 2014, according to the International Data Corporation Worldwide Quarterly Mobile Phone Tracker. But how will these mobile phones of the future get recharged?

A Maryland startup seeking to address that need is Baltimore-based NV3, which designs and manufactures mobile phone charging kiosks.

The company sells an array of charging ports, from a portable desktop display to solar-powered models. Most of its kiosks include a light-emitting diode (LED) screen that can be used for advertising and marketing messages, making them popular at tradeshows, festivals and conventions. Baltimore/Washington International Thurgood Marshall Airport, the University of Maryland Medical Center, college libraries and corporate lobbies are among locations already using NV3 systems. The company has also developed a mobile charging trailer with more than 70 charging ports that could be deployed quickly to help people displaced after a natural disaster.

NV3 stresses the clean and efficient power of its units. Many charging ports continually feed electricity and power equally into any phone attached to it, which may cause certain devices to overheat or degrade. NV3 takes a different approach. Its charging ports adapt to every device, feeding just the amount of power necessary to safely charge the device.

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Two high-growth Maryland companies found so much success through the Maryland Department of Business and Economic Development (DBED)’s Maryland Venture Fund (MVF), they have qualified for another round of follow-on InvestMaryland funding, Governor Martin O’Malley and DBED announced Tuesday.

KoolSpan, which develops hardware-based mobile security encryption, earned $400,000, while BrainScope, which is revolutionizing traumatic brain injury assessment, received $300,000 in funding from the State.

According to KoolSpan CEO Gregg Smith, rapid growth in consumer demand is driving his company to more than double its workforce. The company caters to companies and government agencies looking to protect data and voice communications against theft over network-connected devices. It’s TrustChip product can be found in more than 50 countries and powers Samsung’s S1 mobile and voice security and also AT&T’s encryption platform. KoolSpan has earned a total of $700,000 in MVF funding.

“This investment from MVF is a testament to the growth that we are experiencing globally in the mobile security market, and the demand for mobile hardware security solutions from an increasingly large pool of customers seeking the best data protection available,” Smith said. “We grew over 1000 percent last year and expect to continue on an accelerated growth path, moving from our current 45 employees to around 100 by year end. To put that number in perspective, just two years ago we had 8 employees.”

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