Description
In this particular detailed elucidation regarding entrepreneurship greater baltimore.
1 E. Pratt Street, Suite 200, Baltimore, MD 21202 | 410.468.0100 | 888.298.4322 | www.greaterbaltimore.org
entrepreneurship
Greater Baltimore has become one of the leading US metro areas for the start-up and
growth of new businesses. The region’s educational attainment and research, strong
incubator system, access to capital, networking organizations and growing number of
prominent success stories create an increasingly attractive entrepreneurial climate.
Great Launching Pad
A nationally ranked set of local incubators,
excellent access to venture capital, a growing
network of potential partners and daily
access to the Northeast US corridor provide
a great launching pad for new ventures in
Greater Baltimore.
Breakthroughs
The rising number of new ventures in the
region has led to more breakthrough frms.
Recent local success stories include frms
in biotech, health care, IT, gaming, and high
tech apparel.
Entrepreneurial Climate
The Baltimore-Washington region, with its
highly-educated population, high-tech base
and increasing entrepreneurial environment,
has become one of the most successful US
metros for entrepreneurship based on actual
start-up and growth of frms.
› Home to Johns Hopkins University, the #1 research institution in the US
› #4 metro for percentage of the population with advanced degrees
› Large potential client base in IT, cyber, government contracting, health care and education
› Baltimore-Washington was named one of the 10 “Best Cities for Small Business” by Entrepreneur Magazine
Top 5 Maryland-Virginia Area Early Stage VCs
Rank VC Firm Location
1 TidalTV Inc. Baltimore, MD
2 ObjectVideo Inc. Reston, VA
3 Millennial Media Inc. Baltimore, MD
4 SnagAJob.com Inc. Allen, VA
5 GridPoint Inc. Arlington, VA
SBIR Awards State Rankings
US Rank State Total Dollars
1 Massachusetts $297,169,710
2 New York $261,345,504
3 California $236,100,711
4 Pennsylvania $216,024,353
5 Illinois $203,920,233
6 Texas $181,190,719
7 Colorado $150,924,421
8 Maryland $110,465,459
9 New Jersey $104,538,444
10 Virginia $101,787,048
Source: Baltimore Business Journal; Data from Q1 2011
Best Metro Area for Cost of Doing Business
Rank Metro
1 Tampa
2 Atlanta
3 Miami
4 Baltimore
5 Dallas-Ft. Worth
6 St. Louis
7 Houston
8 Phoenix
9 Philadelphia
10 Detroit
Source: CFO.com; KPMG
Source: National Science Foundation, 2010
SBIR – Small Business Innovation & Research
Quick Fact
Over 25% of all US VC investment goes to frms
located in the Northeast US corridor
Baltimore: Four in a Row!
NBIA US Incubator Client of the Year
Home to the NBIA outstanding US
Incubator Client or Graduate for 5
of the past 6 years (2006-2011)
NBIA US Incubator Innovation
Award in 2003, 2004 and 2007.
2009 2008
2007 2006
APPROVED
INTERCOUNTY
CONNECTOR ICC
83
50
95
95
95
495
495
270
70
295
97
695
695
301
50
50
140
795
C
h
e
s
a
p
e
a
k
e
B
a
y
P
a
ta
p
sc
o
R
iv
e
r
A
M
T
R
A
K
/
M
A
R
C
R
A
I
L
L
I
N
E
Amtrak / MARC
Rail Station
ANNE
ARUNDEL
BALTIMORE
COUNTY
CALVERT
CAROLINE
CARROLL
CECIL
CHARLES
DORCHESTER
FREDERICK
HARFORD
HOWARD
MONTGOMERY
PRINCE
GEORGE’S
QUEEN
ANNE'S
ST. MARY'S
SOMERSET
TALBOT
BALTIMORE CITY
DISTRICT
OF COLUMBIA
ADAMS CHESTER YORK LANCASTER
ARLINGTON
FAIRFAX
SPOTSYLVANIA
WESTMORELAND
KING GEORGE
PRINCE
WILLIAM
STAFFORD
LOUDOUN
PENNSYLVANIA
VIRGINIA
Columbia
Towson
Bethesda
Annapolis
Bowie
Woodlawn
Owings Mills
Hunt Valley
White Marsh
Middle River
Dundalk
Aberdeen
Havre de Grace
Elkton
Westminster
Port Deposit
Rockville
Baltimore
Washington
Frederick
REAGAN
NATIONAL
AIRPORT
BWI AIRPORT
DULLES AIRPORT
Fort
Meade
Aberdeen
Proving
Ground
APG Edgewood
NSA
FDA
NIH
Pentagon
Johns Hopkins
Applied Physics Lab
National Institutes
of Standards and Technology
NSF
NASA
Goddard
Fort Detrick
Centers for Medicare
and Medicaid Services
National Cancer Institute
NIH
Social Security
Administration
Census Bureau
University of Maryland
Baltimore County
Johns Hopkins
University
University of
Maryland, Baltimore
University of Maryland
College Park
The distance between Baltimore and Washington,
D.C. is approximately 35 miles.
Amtrak / MARC Rail Line
Light Rail Line
Baltimore Metro Subway
Research Facilities and Federal Institutions
Major Colleges and Universities
Philadelphia
1 E. Pratt Street, Suite 200, Baltimore, MD 21202 | 410.468.0100 | 888.298.4322 | www.greaterbaltimore.org
doc_780463367.pdf
In this particular detailed elucidation regarding entrepreneurship greater baltimore.
1 E. Pratt Street, Suite 200, Baltimore, MD 21202 | 410.468.0100 | 888.298.4322 | www.greaterbaltimore.org
entrepreneurship
Greater Baltimore has become one of the leading US metro areas for the start-up and
growth of new businesses. The region’s educational attainment and research, strong
incubator system, access to capital, networking organizations and growing number of
prominent success stories create an increasingly attractive entrepreneurial climate.
Great Launching Pad
A nationally ranked set of local incubators,
excellent access to venture capital, a growing
network of potential partners and daily
access to the Northeast US corridor provide
a great launching pad for new ventures in
Greater Baltimore.
Breakthroughs
The rising number of new ventures in the
region has led to more breakthrough frms.
Recent local success stories include frms
in biotech, health care, IT, gaming, and high
tech apparel.
Entrepreneurial Climate
The Baltimore-Washington region, with its
highly-educated population, high-tech base
and increasing entrepreneurial environment,
has become one of the most successful US
metros for entrepreneurship based on actual
start-up and growth of frms.
› Home to Johns Hopkins University, the #1 research institution in the US
› #4 metro for percentage of the population with advanced degrees
› Large potential client base in IT, cyber, government contracting, health care and education
› Baltimore-Washington was named one of the 10 “Best Cities for Small Business” by Entrepreneur Magazine
Top 5 Maryland-Virginia Area Early Stage VCs
Rank VC Firm Location
1 TidalTV Inc. Baltimore, MD
2 ObjectVideo Inc. Reston, VA
3 Millennial Media Inc. Baltimore, MD
4 SnagAJob.com Inc. Allen, VA
5 GridPoint Inc. Arlington, VA
SBIR Awards State Rankings
US Rank State Total Dollars
1 Massachusetts $297,169,710
2 New York $261,345,504
3 California $236,100,711
4 Pennsylvania $216,024,353
5 Illinois $203,920,233
6 Texas $181,190,719
7 Colorado $150,924,421
8 Maryland $110,465,459
9 New Jersey $104,538,444
10 Virginia $101,787,048
Source: Baltimore Business Journal; Data from Q1 2011
Best Metro Area for Cost of Doing Business
Rank Metro
1 Tampa
2 Atlanta
3 Miami
4 Baltimore
5 Dallas-Ft. Worth
6 St. Louis
7 Houston
8 Phoenix
9 Philadelphia
10 Detroit
Source: CFO.com; KPMG
Source: National Science Foundation, 2010
SBIR – Small Business Innovation & Research
Quick Fact
Over 25% of all US VC investment goes to frms
located in the Northeast US corridor
Baltimore: Four in a Row!
NBIA US Incubator Client of the Year
Home to the NBIA outstanding US
Incubator Client or Graduate for 5
of the past 6 years (2006-2011)
NBIA US Incubator Innovation
Award in 2003, 2004 and 2007.
2009 2008
2007 2006
APPROVED
INTERCOUNTY
CONNECTOR ICC
83
50
95
95
95
495
495
270
70
295
97
695
695
301
50
50
140
795
C
h
e
s
a
p
e
a
k
e
B
a
y
P
a
ta
p
sc
o
R
iv
e
r
A
M
T
R
A
K
/
M
A
R
C
R
A
I
L
L
I
N
E
Amtrak / MARC
Rail Station
ANNE
ARUNDEL
BALTIMORE
COUNTY
CALVERT
CAROLINE
CARROLL
CECIL
CHARLES
DORCHESTER
FREDERICK
HARFORD
HOWARD
MONTGOMERY
PRINCE
GEORGE’S
QUEEN
ANNE'S
ST. MARY'S
SOMERSET
TALBOT
BALTIMORE CITY
DISTRICT
OF COLUMBIA
ADAMS CHESTER YORK LANCASTER
ARLINGTON
FAIRFAX
SPOTSYLVANIA
WESTMORELAND
KING GEORGE
PRINCE
WILLIAM
STAFFORD
LOUDOUN
PENNSYLVANIA
VIRGINIA
Columbia
Towson
Bethesda
Annapolis
Bowie
Woodlawn
Owings Mills
Hunt Valley
White Marsh
Middle River
Dundalk
Aberdeen
Havre de Grace
Elkton
Westminster
Port Deposit
Rockville
Baltimore
Washington
Frederick
REAGAN
NATIONAL
AIRPORT
BWI AIRPORT
DULLES AIRPORT
Fort
Meade
Aberdeen
Proving
Ground
APG Edgewood
NSA
FDA
NIH
Pentagon
Johns Hopkins
Applied Physics Lab
National Institutes
of Standards and Technology
NSF
NASA
Goddard
Fort Detrick
Centers for Medicare
and Medicaid Services
National Cancer Institute
NIH
Social Security
Administration
Census Bureau
University of Maryland
Baltimore County
Johns Hopkins
University
University of
Maryland, Baltimore
University of Maryland
College Park
The distance between Baltimore and Washington,
D.C. is approximately 35 miles.
Amtrak / MARC Rail Line
Light Rail Line
Baltimore Metro Subway
Research Facilities and Federal Institutions
Major Colleges and Universities
Philadelphia
1 E. Pratt Street, Suite 200, Baltimore, MD 21202 | 410.468.0100 | 888.298.4322 | www.greaterbaltimore.org
doc_780463367.pdf