Betamore and the Tech Council of Maryland Form Alliance to Foster Continued Growth of Maryland's Innovation Economy
Alliance Makes Good on Augustine Commission Recommendation
Rockville, Md. (June 22, 2015) – The Tech Council of Maryland (TCM) and Betamore are joining forces to unify the technology communities in the Washington, D.C., and Baltimore metropolitan areas, and throughout Maryland. The two organizations today announced a comprehensive partnership with the goal of creating a more vibrant business environment for Maryland's technology and life science companies. The alliance will focus on enhancing statewide advocacy efforts, developing joint educational events to bring together established and early-stage businesses from both organizations and markets, and giving members of both groups new opportunities to network and build business relationships.
"There is a great opportunity to unite the Baltimore and Washington technology communities, and spur more economic growth in Maryland. This partnership seeks to break down geographic divides to make better use of all the innovation occurring in this region, build businesses and increase our workforce," said Phil Schiff, CEO of the Tech Council of Maryland. "Betamore is brilliantly engaging many in the region to support promising early-stage businesses, and we believe TCM's members can benefit from becoming a part of the great work they are doing."
"Building collaborative partnerships will enable our region to overcome existing silos and help Maryland's technology communities to flourish," said Jennifer Meyer, CEO of Betamore. "TCM brings enormous value to so many of Maryland's tech and life science businesses, and I know working closely with them will help make Betamore and the region a global destination for entrepreneurship."
Betamore and TCM partnership will include:
- Four jointly hosted events in the next year. The first – a regional cyber security networking event – will take place in early September 2015 at Betamore's campus. Future events will focus on health IT, access to capital for early-stage companies and bringing together life science companies from both markets.
- Members of both organizations will have reciprocal access to all events each organization produces at either no cost or at a discounted member’s only rate.
- Enhanced statewide advocacy for the technology and life science communities.
The partnership also makes good on a recommendation made by Maryland Economic Development and Business Climate Commission, known as the “Augustine Commission,” which stated in its February 2015 interim report that, “there are natural strengths that the Washington and Baltimore regions of the state can capitalize on together in order to benefit the state as a whole.”
About Tech Council of Maryland
The Tech Council of Maryland (TCM) is the largest technology trade group serving the advanced technology and biotechnology communities of Maryland. TCM’s mission is to advocate for the interests of the technology community, further the role of technology in the Maryland economy, and nurture an environment where technology companies can collaborate, grow and succeed. For more information, visit www.techcouncilmd.com.
Established in 2012, Betamore is an award-winning coworking space, incubator and campus for technology and entrepreneurship. Its mission is to make Baltimore a leading global entrepreneurship destination that aligns businesses, government, not-for-profit entities, and centers of education with entrepreneurs who drive creative commercialization. Betamore aims to stimulate the establishment and growth of technology-based startup companies through business collaboration and incubation. The organization offers a career-focused education led by current industry experts to a growing public community of learners that aims to fill the gap between a traditional liberal arts education and the demand of 21st century jobs. For more information, visit www.betamore.com.