“Hitting on All Cylinders”: Daily Record Cover Story

The Daily Record editorial staff sat down with Startup Maryland, founder/chair, Mike Binko for a discussion about Maryland’s position as one of the most vibrant entrepreneur and startup ecosystems.

In the May 19, 2014 Cover Story, "Hitting on All Cylinders," by Lizzy McLellan, The Daily Record editorial staff sits down with Mike Binko, Startup Maryland founder | chair to discuss why Maryland is a jugernaut of entrepreneurship.

 

The article also highlights the recently announced Pitch Across Maryland Tour 3.0.  The month-long celebration of startups and entrepreneurs hits the road again from September 15 through October 3, 2014.

More details to follow soon so WATCH THIS SPACE . . . !!!

2014 05 19 Maryland Daily Record (Newsmaker Binko 3 b)

Mark Anstey and Jerry Hartung Join Startup Maryland as Guest-Mentors for “Raise Your Game” Bootcamp

Sixth and Final 2013 Session Focuses on
“Financing Strategies and Exit Roadmapping” for Entrepreneurs

 

Everywhere, Md. (December 17, 2013) – Startup Maryland (startupmd.org) today announced that Mark Anstey, President | CEO of CVD Power and recently exited founder, President | CEO of DataStream will join Jerry Hartung as the guest-mentor instructors for the final 2013 Raise Your Game™ bootcamp session.

This sixth-of-six session also marks graduation for the bootcamp candidates who earned graduation distinction by participating in the requisite 4 out of 6 sessions. Entrepreneurs interested in learning more about Startup Maryland and Raise Your Game are invited to attend with credit for this single session being carried-over into 2014.

Raise Your Game is Startup Maryland’s bootcamp initiative developed to provide the entrepreneurial community with a structured educational program and to help startup CEOs and founders understand and employ the building blocks of strong startups and startup communities. The new twist for this bootcamp is that the sessions will be proctored/taught by experienced (often serial) entrepreneurs who are very well-recognized and respected.

Mr. Hartung is a recognized thought-leader on venture development and has spoken extensively on the topic of exit roadmapping via his role as executive leader/mentor for Vistage International.

Mr. Anstey is one of the more recognized serial entrepreneurs in Maryland and the broader Mid-Atlantic with several successful exits from startup ventures. An engineer by education and experience, Mark has leveraged his expertise in systems, data and business-building into a series of successful high-growth startup companies and ventures.

An active angel investor, Mark’s most recent successful exit came when DataStream Content Solutions LLC, a leading provider of federal legislative and regulatory data and advanced content management systems to information businesses, publishers and governments, was acquired by the Dolan Company (NYSE:DM), a leading provider of services and business information to professionals in law, finance and real estate.

DataStream’s proprietary processes and technology transformed highly complex and unstructured data into valuable products and services for its business and government clients. The company specialized in applying XML markup language to convert complex and unstructured data into “smarter” forms, allowing flexible queries and dynamic database updates. Target markets included government, legislative and regulatory sectors.

“Perhaps the most-asked-question we receive of Startup Maryland entrepreneurs is, ‘How should I navigate to the right exit for me and my startup venture?’,” stated Michael Binko, president | CEO of kloudtrack and founder | Co-Chair of Startup Maryland. “Mark and Jerry are glowing examples of how to navigate challenging waters to a meaningful exit. Their experiences, successes and lessons-learned serve as great case studies for our Bootcamp CEOs.”

A Roadmap to Raising Your Game as an Entrepreneur

Beginning with the first session on July 25, 2013 which featured Under Armour founder/CEO, Kevin Plank, Raise Your Game consists of 6 monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.

The 6 primary topics of the Raise Your Game bootcamp include:

  • CEO 101 (7/25) – How to be a strong startup CEO and team leader (Kevin Plank)
  • Starting Up (8/15) – Best practices forming startups | avoiding pitfalls (Lily Bengfort)
  • Planning for Financial Success (9/19) – Financial Models, Cap. Tables (Scott Case)
  • Virtualizing Your Company (10/17) – Lean Startup approach | outsourcing (Sean Sabre)
  • Go-to-Market Strategies (11/21) – Sales, marketing, PR, channel | distribution (Scott Shaw)
  •  Raising Capital and Exit Roadmapping (12/19) – Lifecycle stages, financing options, exits (Mark Anstey and Jerry Hartung)

Registration can be found at: https://startupmdraiseyourgame.eventbrite.com

Raise Your Game is the first component of Startup Maryland’s Coaching initiative. Coaching joins Connection, Celebration and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond. These four guiding initiatives were officially announced at a White House reception, during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies.

“No matter whether entrepreneurs are just starting out with an idea or ready to inflect their startup into hyper-growth, Raise Your Game provides perspective and knowledge for leader-peers at all stages,” stated Julie Kirk, founder | co-chair, Startup Maryland.

Upon successful completion of the full Raise Your Game program, graduate-CEOs will join an exclusive alumni network. To learn more, watch the video replay of an informative Raise Your Game video here: http://www.youtube.com/watch?v=aqiJG5hXI3g&feature=c4-overview&list=UUJ1CerRXLIC4zfEF5hZ97cA

Empowering Entrepreneur Champions

Over the past year, Startup Maryland cultivated a campaign to engage its participants as Entrepreneur Champion leaders for the Startup Maryland initiative. Currently, more than 750 companies and more than 50 individual entrepreneur Champions have come forward to help drive the Startup Maryland program around Connections | Coaching | Celebration | Capital.

About Startup Maryland

Startup Maryland (startupmd.org) is a regions initiative launched out of UpGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship. Startup Maryland is an initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

# # #

G. Scott Shaw Joins Startup Maryland as Guest-Mentor for “Raise Your Game” Bootcamp Session

Fifth Session Focuses on “Everclear Marketing and Breakthrough Branding Strategies” for Entrepreneurs to Connect with Customers and Investors


Everywhere, Md. (November 19, 2013) – Startup Maryland (startupmd.org) today announced that G. Scott Shaw, President and Founder of Everclear Marketing (www.everclearmarketing.com), the B2B marketing agency for venture-backed tech companies, will participate as the fifth guest-mentor instructor for Raise Your Game

 

2013 11 19 gscottshaw-Twitter-Profile-Picture-500x500-HeadshotRaise Your Game is Startup Maryland’s bootcamp initiative developed to provide the entrepreneurial community with a structured educational program and to help startup CEOs and founders understand and employ the building blocks of strong startups and startup communities.  The new twist for this bootcamp is that the sessions will be proctored/taught by experienced (often serial) entrepreneurs who are very well-recognized and respected.

 

Mr. Shaw is a results-driven technology marketing executive with 15 years of experience re-positioning venture-backed technology companies, developing breakthrough brand strategies and executing high-growth sales and marketing programs for enterprise software companies in the cybersecurity, aerospace, aviation, geospatial and healthcare IT industries.

 

As President and Founder of Everclear Marketing, Scott works with entrepreneurs, investors and executives of venture-backed tech companies, serving as a strategic, long-term business advisor that helps management teams develop and execute high-growth marketing programs to accelerate sales and drive revenue. Everclear Marketing translates complex technology into enterprise value so venture-backed companies grow faster and its clients include TerraGo, RedCloud, Metron Aviation, Era Corporation, SecureInfo, e-Security and TruSecure.

 

For nearly five years, Shaw has also served as a FastTrack advisor and coach to early- and growth-stage technology companies selected to present at the Mid-Atlantic Venture Association’s (MAVA) annual Capital Connection and Mid-Atlantic Bio events to help entrepreneur’s refine their message, simplify complex value propositions and get their story straight when they are actively raising capital and seeking funding within the investor community.

 

“Entrepreneurs and technical founders face a host of marketing challenges when they are building their companies, from targeting the right customers to sending the right message to the market, as well as overcoming other barriers to adoption. The best technology doesn’t always win and well-orchestrated marketing can make the difference for a company working to build momentum and traction within their industries,” stated Michael Binko, president | CEO of kloudtrack and Co-Chair of Startup Maryland.  “Scott’s experience helping entrepreneurs simplify how they communicate about their company or technology will help startups build a strong foundation for growth and leave them with valuable insights they can put to use immediately.”

 

A Roadmap to Raising Your Game as an Entrepreneur

Beginning with the first session on July 25, 2013 which featured Under Armour founder/CEO, Kevin Plank, Raise Your Game consists of 6 monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.

 

The 6 primary topics of the Raise Your Game bootcamp include:

  • CEO 101 (7/25) – How to be a strong startup CEO and team leader (Kevin Plank)
  • Starting Up (8/15) – Best practices forming startups | avoiding pitfalls (Lily Bengfort)
  • Planning for Financial Success (9/19) – Financial Models, Cap. Tables (Scott Case)
  • Virtualizing Your Company (10/17) – Lean Startup approach | outsourcing (Sean Sabre)
  • Go-to-Market Strategies (11/21) – Sales, marketing, PR, channel | distribution (Scott Shaw)
  • Raising Capital and Exit Roadmapping (12/19) – Lifecycle stages, financing options, exits (Mark Anstey and Jerry Hartung)

 

Registration can be found at: https://startupmdraiseyourgame.eventbrite.com

 

Raise Your Game is the first component of Startup Maryland’s Coaching initiative.  Coaching joins Connection, Celebration and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond.  These four guiding initiatives were officially announced at a White House reception, during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies.

 

“No matter whether entrepreneurs are just starting out with an idea or ready to inflect their startup into hyper-growth, Raise Your Game provides perspective and knowledge for leader-peers at all stages,” stated Michael Binko, founder and co-chair, Startup Maryland.

 

Upon successful completion of the full Raise Your Game program, graduate-CEOs will join an exclusive alumni network.  To learn more, watch the video replay of an informative Raise Your Game video here: http://www.youtube.com/watch?v=aqiJG5hXI3g&feature=c4-overview&list=UUJ1CerRXLIC4zfEF5hZ97cA

 

Empowering Entrepreneur Champions

Over the past year, Startup Maryland cultivated a campaign to engage its participants as Entrepreneur Champion leaders for the Startup Maryland initiative.  Startup Maryland held a series of Champion sessions during which a Theme and Areas of Focus were identified and prioritized.  The Connection and Coaching/Mentorship aspects of building strong startup communities compliment the Celebration and Capital Access goals forming the four pillars of the Startup Maryland mission – Connection | Coaching | Celebration | Capital.

 

Looking for other startup/entrepreneur guidance and resources?  Join the Startup Maryland entrepreneurial community.  Learn more at http://startupmd.org

 

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of UpGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship.  Startup Maryland is an initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

 

# # #

Sean Sabre Joins Startup Maryland as Guest-Mentor for “Raise Your Game” Bootcamp Session

Fourth Raise Your Game Session Focuses on “How to Virtualize Your Startup” as an Entrepreneur Starting a New Venture

 

2013 10 16 Sean Sabre Startup MD RYG (Photo 1 JPG)Startup Maryland (startupmd.org), an initiative of UpGlobal-Startup America (www.up.co), today announced that Sean Sabre will participate as the fourth guest-mentor instructor for Raise Your Game

 

Raise Your Game is Startup Maryland’s bootcamp initiative developed to provide the entrepreneurial community with a structured educational program and to help startup CEOs and founders understand and employ the building blocks of strong startups and startup communities.  The new twist for this bootcamp is that the sessions will be proctored/taught by experienced (often serial) entrepreneurs who are very well-recognized and respected.

 

Mr. Sabre is a recognized thought leader in the areas of supply chain and logistics management as these topics relate to high-growth businesses with over 15 years of diverse management experience in supply chain outsourcing in the aerospace, telecommunications, electronics, software and white goods industries.  In his current role as SVP with TBB Global Logistics, his group develops supply chain solutions and delivers supply chain outsourced services for small to mid-size enterprises from scaling domestic start-ups to managing global networks for established businesses.

 

Sean has managed the contracting of outsourced supply chain services while working for large multi-national manufacturers such as Robert Bosch Corporation and Siemens AG and has managed supply chain outsourced service delivery via managing share service organizations within the 4PL space for clients such as Nortel, Boeing, Apple, Microsoft, Intel, AMD, Western Digital, Sony, AT&T, Motorola, Hewlett-Packard, Cisco, Sun Microsystems, Kodak, etc.  Sean has experience in the successful contracting and servicing for warehousing, transportation, material and production planning, bill of material workflow management, packaging design, commodity management and supply chain engineering.

 

Sean has been an advisor to many retailers in regards to supply chain including his current advisory role on the Wal-Mart SVN, he and his team have been profiled in various media outlets including Industry Week and Sean has participated as a supply chain tract guest speaker at various industry events over the past 5 years including ISTA, the World Trade Group and the Entertainment Supply Chain Academy.

 

“With the rapid globalization of commerce in the past 20 years, it is very realistic for any startup to go to market with ambitions to distribute their goods/services on an international basis,” stated Michael Binko, president | CEO of kloudtrack and Co-Chair of Startup Maryland.  “The challenges for startups and high-growth companies is resource management and knowing how to leverage virtual services that often allow their ventures to stay focused on core capabilities.  Sean’s experiences with global leaders sets a framework for his current efforts to bring these skills and services to startups and high growth companies looking to spread their wings.”

 

 

A Roadmap to Raising Your Game as an Entrepreneur

Beginning with the first session on July 25, 2013 which featured Under Armour founder/CEO, Kevin Plank, Raise Your Game consists of 6 monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.

 

The 6 primary topics of the Raise Your Game bootcamp include:

  • CEO 101 (7/25) – How to be a strong startup CEO and team leader (Kevin Plank)
  • Starting Up (8/15) – Best practices forming startups | avoiding pitfalls (Lily Bengfort)
  • Planning for Financial Success (9/19) – Financial Models, Cap. Tables (Scott Case)
  • Virtualizing Your Company (10/17) – Lean Startup approach | outsourcing (Sean Sabre)
  • Go-to-Market Strategies (11/21) – Sales, marketing, PR, channel | distribution
  • Raising Capital and Exit Roadmapping (12/19) – Lifecycle stages, financing options, exits

 

Registration can be found at: https://startupmdraiseyourgame.eventbrite.com

 

Raise Your Game is the first component of Startup Maryland’s Coaching initiative.  Coaching joins Connection, Celebration and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond.  These four guiding initiatives were officially announced at a White House reception, during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies.

 

“No matter whether entrepreneurs are just starting out with an idea or ready to inflect their startup into hyper-growth, Raise Your Game provides perspective and knowledge for leader-peers at all stages,” stated Michael Binko, founder and co-chair, Startup Maryland.

 

Upon successful completion of the full Raise Your Game program, graduate-CEOs will join an exclusive alumni network.  To learn more, watch the video replay of an informative Raise Your Game video here: http://www.youtube.com/watch?v=aqiJG5hXI3g&feature=c4-overview&list=UUJ1CerRXLIC4zfEF5hZ97cA

 

Empowering Entrepreneur Champions

Over the past year, Startup Maryland cultivated a campaign to engage its participants as Entrepreneur Champion leaders for the Startup Maryland initiative.  Startup Maryland held a series of Champion sessions during which a Theme and Areas of Focus were identified and prioritized.  The Connection and Coaching/Mentorship aspects of building strong startup communities compliment the Celebration and Capital Access goals forming the four pillars of the Startup Maryland mission – Connection | Coaching | Celebration | Capital.

 

Looking for other startup/entrepreneur guidance and resources?  Join the Startup Maryland entrepreneurial community.  Learn more at http://startupmd.org

 

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of UpGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship.  Startup Maryland is an initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

 

# # #

Priceline Founding CTO Scott Case to Join Startup Maryland for “Raise Your Game” Bootcamp Session

 

Third Session Focuses on Planning for Financial Success as an

Entrepreneur Starting a New Venture

 

Everywhere, Md. (September 12, 2013) – Startup Maryland (startupmd.org), an initiative developed BY ENTREPRENEURS … FOR ENTREPRENEURS, today announced that T. “Scott” Case, CEO of Startup America and founding CTO of Priceline will participate as the third instructor-mentor for Raise Your Game

 

Raise Your Game is Startup Maryland’s bootcamp initiative developed to provide the entrepreneurial community with a structured educational program and to help startup CEOs and founders understand and employ the building blocks of strong startups.  The new twist for this bootcamp is that the sessions are proctored/taught by experienced (often serial) entrepreneurs who are very well-recognized and respected.

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Scott Case joined Kevin Plank, Mike Binko and Julie Lenzer Kirk holding ‘office hours’ on the Pitch Across Maryland in 2012. He joins the 2013 tour again in Baltimore @ Betamore stop on September 19.

Timothy “Scott” Case is a technologist, entrepreneur and inventor and was founding CTO of Priceline, the “Name Your Own Price” company that was one of only a handful of startups in U.S. history to reach a billion dollars in annual sales in less than 24 months.  As Chief Technology Officer, Scott was responsible for building the technology that enabled Priceline’s hyper-growth.  More recently, Scott was named CEO and board member of the Startup America Partnership (now UPGlobal), where he invested his energy to drive American entrepreneurship to create jobs and sustain our nation’s global leadership.

 

“Scott is a true entrepreneur’s … entrepreneur,” stated Michael Binko, CEO of kloudtrack® and founder | co-chair of Startup Maryland.  “Having experienced the wild ride of startup stardom first-hand Scott has since tirelessly given his time, perspective and expertise as a mentor and leader of entrepreneur-centric initiatives.”

 

Prior to joining Startup America, Scott served as CEO of Malaria No More, where he worked to inspire individuals and institutions in the private sector to end malaria deaths.  Scott is a named inventor on dozens of U.S. patents including the underlying portfolio for Priceline. He is also on the Advisory Board of By Kids for Kids, Tickets-for-Charity and ThreeJars and can be followed on Twitter: @tscottcase

 

A Roadmap to Raising Your Game as an Entrepreneur

Beginning with the first session which featured Under Armour founder | CEO, Kevin Plank, Raise Your Game consists of six monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.

 

The 6 primary topics of the Raise Your Game bootcamp include:

  • CEO 101 (7/25) – How to be a strong startup CEO and team leader (Kevin Plank)
  • Starting Up (8/15) – Best practices | avoiding pitfalls (Lily Bengfort)
  • Planning for Financial Success (9/19) – Financials, capitalization (Scott Case)
  • Virtualizing Your Company (10/17) – Lean Startup approach | outsourcing
  • Go-to-Market Strategies (11/21) – Sales, marketing, PR, channel | distribution
  • Raising Capital and Exit Roadmapping (12/19) – Lifecycle stages, financing options, exits

 

Registration can be found at: https://startupmdraiseyourgame.eventbrite.com

 

Raise Your Game is the first component of Startup Maryland’s Coaching initiative.  Coaching joins Connection, Celebration and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond.  These four guiding initiatives were officially announced at a White House reception, during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies.

 

“No matter whether entrepreneurs are just starting out with an idea or ready to inflect their startup into hyper-growth, Raise Your Game provides perspective and knowledge for leader-peers at all stages across all industry sectors,” stated Julie Lenzer Kirk, Executive Director for the Maryland Center for Entrepreneurship and co-chair for Startup Maryland.

 

Upon successful completion of the full Raise Your Game program, graduate-CEOs will join an exclusive alumni network.  To learn more, watch the video replay of an informative Raise Your Game webinar here http://youtu.be/8C4JVlH1fxs.

 

Looking for other startup/entrepreneur guidance and resources?  Join the Startup Maryland entrepreneurial community.  Learn more at http://startupmd.org

 

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of UPGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship.  Startup Maryland was forged to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive economic outcomes.

 

# # #

Startup Maryland™ Selects Cystic Fibrosis Foundation as Promotional Charity of the Pitch Across Maryland Tour

Cycle for Life Event Takes Center Stage for Promotion and Awareness

During Statewide Celebration of Entrepreneurs and Innovation

 

Startup Maryland (startupmd.org), an initiative driven By Entrepreneurs … For Entrepreneurs, today announced a teaming relationship with the Cystic Fibrosis Foundation to promote the CF Cycle for Life charity bike ride event during Startup Maryland’s 2013 Pitch Across Maryland Tour and Celebration of Entrepreneurship.

2013 09 01 CF Cycle for Life 2Beyond promoting the charity ride, Startup Maryland has formed Team Startup Maryland and challenges its 600+ startup members to join the team or donate here.  Additionally, Startup Maryland challenges other corporate teams to “Raise their Game” and donations in order to find a cure.

The 3rd annual CF Cycle for Life bicycle tour will be held October 20, 2013 at the picturesque Herrington Harbour Marina in Deale, MD.

“Three stellar routes (20, 40, or 60 miles) will traverse through some of the most beautiful and scenic landscape in Maryland, with many breathtaking views along the western shore of Maryland’s treasured Chesapeake Bay, stated Michael Binko, CEO of ​kloudtrack® and founder | co-chair of Startup MD.  “With plenty of well-stocked rest-stops, mechanical/vehicle/medical support along the way, the CF Cycle for Life bike ride has a “grand tour” feel and has quickly become one of the region’s best and most memorable charity gatherings and we are delighted to offer our support,” added Binko.

Over 200 cyclists will ride with over 39 Corporate, CF Family and other teams.  Individual riders are also encouraged to participate in ride.  The CF Cycle for Life culminates with a “Rolling Thunder” after-party along the water at Herrington Harbour Marina with fun BBQ prepared by Herrington on the Bay, complete with music, beer, and lots of unforgettable good times and memories.

CF Cycle for Life, the Cystic Fibrosis Foundation’s premier cycling event, is taking place in over 40 cities to generate critical funds to fight cystic fibrosis, a fatal genetic disease,” said Marc Kantrowitz, Director of Development, for Maryland CF Cycle for Life.  “Support from organizations like Startup Maryland contribute greatly to awareness and research related to cure efforts.  The 2013 goal of CF Cycle for Life is to raise nearly $4 million nationwide for CF research, education and CF patient care.”

 

 

The 2013 edition of the Pitch Across Maryland is the second annual state-wide tour and celebration of entrepreneurship and innovation communities.  Referred to by FOX News affiliate WBOC-TV 16 as Opportunity on Wheels, the inaugural Pitch Across Maryland tour was an overwhelming success last year and this year’s offering is has already caused a splash with the Sept. 9 first stop on the Boardwalk in Ocean City, MD.  Check out a nice TV-news segment from WMDT ABC-47 here.  The bus will traverse the state (and the broader region) all in the name of celebrating entrepreneurship.

This year’s Pitch Across Maryland culminates with the Last Step … Innovation Celebration which will be held on September 27 on The Promenade at UNDER ARMOUR worldwide headquarters in South Baltimore.  Watch for more details related to the event which will be announced soon – tickets information can be found here.

The Pitch Across Maryland is intended to shine the spotlight on entrepreneurs, innovations and resources that exist just under the radar but have the potential to ignite the next high-growth companies.  Details on the tour stops and schedule can be found here: Pitch Across Maryland Schedule

At each stop, Startup Maryland and Tour Sponsors/Partners co-host rallies sharing information about the incredible entrepreneurial resources across the state.  Additionally, entrepreneurs are provided coaching, guidance and support from mentors and other leaders from TEDCO, DBED as well as active angel/VC investors.

About the Cystic Fibrosis Foundation
The Cystic Fibrosis Foundation is the world’s leader in the search for a cure for cystic fibrosis. The Foundation funds more CF research than any other organization, and nearly every CF drug available today was made possible because of Foundation support. Based in Bethesda, Md., the Foundation also supports and accredits a national care center network that has been recognized by the National Institutes of Health as a model of care for a chronic disease. For more information, go to www.cff.org. Cystic fibrosis affects about 30,000 adults and children in the United States and 70,000 people worldwide.  It causes debilitating lung infections that lead to premature death.   More than 10 million Americans are symptomless carries of a defective CF gene.

About Startup Maryland

Startup Maryland (startupmd.org) is a regions initiative launched out of UpGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship.  Startup Maryland is an initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

Serial Entrepreneur Lily Bengfort to Join Startup Maryland for “Raise Your Game” Bootcamp Session

Second Session Focuses on Starting Up – How to Avoid Pitfalls as an Entrepreneur Starting a New Venture

 

Everywhere, Md. (August 9, 2013) – Startup Maryland (startupmd.org), an initiative of the UpGlobal consortium (www.up.co), today announced that Lily Bengfort will participate as the second instructor-mentor for Raise Your Game

 

Raise Your Game is Startup Maryland’s bootcamp initiative developed to provide the entrepreneurial community with a structured educational program and to help startup CEOs and founders understand and employ the building blocks of strong startups and startup communities.  The new twist for this bootcamp is that the sessions will be proctored/taught by experienced (often serial) entrepreneurs who are very well-recognized and respected.

 

 

Ms. Bengfort is an award winning entrepreneur who has co-founded and built two successful firms, both of which were acquired by larger companies: Preferred Pest Control acquired by American Pest and CenGen Inc. a leader in the field of highly mobile tactical wireless networks acquired (2011) by DRS Technologies, a subsidiary of Finmeccanica Group (FNC.MI), a multi-billion dollar defense contractor which ranks among the top 10 global players in aerospace, defense and security.

 

Other ventures for Ms. Bengfort have included leading edge hardware and software solutions for networking and communications, including secure highly mobile ad hoc networks using voice, video and data sharing applications in disruptive bandwidth constrained environments as well as service areas.

 

“Lily is one of the most recognizable leading-women in Maryland entrepreneurship and with her track-record of results she is an ideal mentor for young startup entrepreneurs,” stated Julie Lenzer Kirk, Co-Chair of Startup Maryland.  “With a cross-section of industries in her background Lily knows first-hand some of the common pitfalls to avoid when considering such daunting challenges as selling to the Federal government or deciding when and how to sell your company.”

 

With government clients in the military and national security areas, Ms. Bengfort built CenGen into a multi-million-dollar concern, winning several national awards for exceptional service and achievement including the U.S. Small Business Administration Maryland Business person of the year in 2010 and DARPA Director’s Award for helping the agency fulfill its mission to conceive, explore and demonstrate advanced and breakthrough technologies in 2005.  She was named Influential Marylander for Technology in 2011 by The Daily Record and Maryland Technology Company of the year in 2006.

 

Guyana, South American-born, Ms. Bengfort is no stranger to accolades and recognition. In 2009, she received the FIRN American Success Award and was selected to be a Fellow of the University of Maryland, Francis King Carey School of Law and the Maryland Judiciary’s Mediation and Conflict Resolution Programs in 2012.

 

Currently, Ms. Bengfort is president of MINC-IT where she actively advises and invests in early-stage education and digital technology ventures.

 

A Roadmap to Raising Your Game as an Entrepreneur

Beginning with the first session on July 25, 2013 which featured Under Armour founder/CEO, Kevin Plank, Raise Your Game consists of 6 monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.

 

The 6 primary topics of the Raise Your Game bootcamp include:

  • CEO 101 (7/25) – How to be a strong startup CEO and team leader (Kevin Plank)
  • Starting Up (8/15) – Best practices when forming your company | avoiding pitfalls
  • Planning for Financial Success (9/19) – Financial Models, capitalization table, accounting
  • Virtualizing Your Company (10/17) – Lean Startup approach | outsourcing
  • Go-to-Market Strategies (11/21) – Sales, marketing, PR, channel | distribution
  • Raising Capital and Exit Roadmapping (12/19) – Lifecycle stages, financing options, exits

 

Registration can be found at: https://startupmdraiseyourgame.eventbrite.com

 

Raise Your Game is the first component of Startup Maryland’s Coaching initiative.  Coaching joins Connection, Celebration and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond.  These four guiding initiatives were officially announced at a White House reception, during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies.

 

“No matter whether entrepreneurs are just starting out with an idea or ready to inflect their startup into hyper-growth, Raise Your Game provides perspective and knowledge for leader-peers at all stages,” stated Michael Binko, founder and co-chair, Startup Maryland.

 

Upon successful completion of the full Raise Your Game program, graduate-CEOs will join an exclusive alumni network.  To learn more, watch the video replay of an informative Raise Your Game webinar here http://youtu.be/8C4JVlH1fxs.

 

Empowering Entrepreneur Champions

Near the end of 2012, Startup Maryland began a campaign to engage its participants as Entrepreneur Champion leaders for the Startup Maryland initiative.  With the support of the national Startup America team, Startup Maryland held a series of Champion sessions during which a Theme and Areas of Focus were identified and prioritized.  The connective and coaching/mentorship aspects of building strong startup communities compliment the celebration and capital access goals forming the four pillars of the Startup Maryland mission.

 

Looking for other startup/entrepreneur guidance and resources?  Join the Startup Maryland entrepreneurial community.  Learn more at http://startupmd.org

 

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of UpGlobal – an entity fostered jointly by the Case Foundation and The Kauffman Foundation for Entrepreneurship.  Startup Maryland is an initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, improve awareness/celebration and increase access to capital / deal flow and mentorship, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

 

# # #

Startup Maryland and CoFoundersLab Team to Help Entrepreneurs Connect and Build Stronger Startups

Branded Startup Maryland TeamFinder Portal Unveiled to Help Founders Connect With Others to Build Startup Teams

 

Everywhere, Md. (February 11, 2013) – Startup Maryland (startupmd.org), a state-wide initiative FOR Entrepreneurs…BY Entrepreneurs, today announced a partnership with CoFoundersLab (www.cofounderslab.com) to provide the Maryland entrepreneur community with a free way to find a co-founder/business partner.  To meet this need Startup Maryland and CoFoundersLab combined efforts and brands to develop a TeamFinder portal – which is also unveiled today as a new Resource at: http://startupmd.org/buildmyteam/

 

The branded TeamFinder portal is the first component of Startup Maryland’s Connection initiative.  Connection joins Celebration, Coaching and Capital as four primary Areas of Concentration for Startup Maryland throughout 2013 and beyond.  These four guiding initiatives were officially announced last week at a White House reception during which Startup Maryland highlighted past successes and future plans for Presidential advisors and officials from several government agencies. (See Empowering Entrepreneur Champions below for more detail)

 

“A great team is critical to startup success yet good co-founders and management team candidates are often difficult to find for resource-strapped entrepreneurs,” stated Michael P. Binko, Startup Maryland co-chair and CEO of kloudtrack®. “Startup Maryland is dedicated to helping our entrepreneur community solve this challenge and the TeamFinder portal directly addresses the need with an innovative, free and easy-to-use solution,” Julie Lenzer Kirk, Startup Maryland co-chair and Executive Director of the Maryland Center for Entrepreneurship (MCE).

 

Whether entrepreneurs are just starting out with an idea and looking for their first co-founder or are a few years into a startup and looking for that third or fourth executive the Startup Maryland TeamFinder portal is now the “go-to tool” to find that key team member to help inflect a startup.

 

“While the Startup Maryland TeamFinder has specific features tailored to needs of their community the best part is that TeamFinder also integrates with the full CoFoundersLab database of thousands of entrepreneurs,” stated Shahab Kaviani, co-founder of CoFoundersLab and Startup Maryland Champion.

 

“TeamFinder allows extensive search and filter capabilities to narrow the search down to co-founder candidates with specific criteria, such as those people whom have certain skills, are part of specific communities (co-working spaces, accelerators, etc.), and have complementary entrepreneur personalities,” added Kaviani.

 

Empowering Entrepreneur Champions

Near the end of 2012, Startup Maryland began a campaign to engage its participants as Entrepreneur Champion leaders for the Startup Maryland initiative.  With the support of the national Startup America team, Startup Maryland held a series of Champion sessions during which Big Ideas, a Theme and Areas of Focus were identified and prioritized.  The connective and coaching/mentorship aspects of building strong startup communities compliment the celebration and capital access goals forming the four pillars of the Startup Maryland mission.

 

With active universities, accelerators, economic development agencies and innovation partners like Maryland TEDCO and the Maryland Department of Business and Economic Development (DBED), Startup Maryland is concentrating on the entrepreneur communities to strengthen Maryland’s economic fabric while fostering a climate where the most promising companies can help each other while leveraging the state’s Unfair Advantage in order to inflect and thrive.

 

Looking for a co-founder?

 

Join the Startup Maryland entrepreneurial community and find your co-founder today on the Startup Maryland TeamFinder portal!

 

Additional information and a detailed walk-through demonstration of the Startup Maryland TeamFinder portal is also available on the Startup Maryland YouTube site here http://youtu.be/hPycrCt796w

 

About CoFoundersLab:

CoFoundersLab is the largest online community of entrepreneurs looking for a co-founder. CoFoundersLab partners with organizations and universities across the country to provide a co-branded, co-founder matching resource for their communities.  Startup Maryland joins the ranks of some of the top entrepreneur organizations, universities, and many others as a proud CoFoundersLab partner, dedicated to promoting entrepreneurship and business creation in their community.

 

Check out the CoFoundersLab blog for news, updates, and success stories of entrepreneurs who have found a co-founder on a CoFoundersLab-powered matching platform.  Successful matches in the region include LegCyte, a legislative technology company accepted into D.C.’s first startup accelerator, The Fort, and Kithly, a Maryland startup accepted into Baltimore-based incubator ETC Baltimore.

 

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of the Startup America Partnership (www.S.co).  It is a state-wide initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, increase access to resources / capital / deal flow and boost awareness, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

 

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Startup Maryland Team Briefs White House Officials

Maryland’s “Unfair Advantage” Unveiled as Theme for Initiatives to

Celebrate Entrepreneurs and Help Inflect their Businesses —

 
 

Startup Maryland (startupmd.org), a state-wide initiative FOR Entrepreneurs … BY Entrepreneurs, was recognized during a White House briefing that corresponds with the two-year anniversary of the Startup America Partnership, a national entrepreneurship initiative in which Startup Maryland is a leading region.

Startup Maryland co-chairs Julie Lenzer Kirk and Michael Binko joined officials from Startup America, entrepreneurs from other high-performing regions, as well as Maryland Entrepreneur Champions from three startups that represent the rich diversity of Maryland’s innovation economy:

  • Brian Murphy, founder/CEO of Smith Island Baking Co. (http://smithislandcake.com)
  • David Troy, CEO of 410Labs Inc. (http://www.410labs.com/#products)
  • Johnny Shockley, Co-founder, Hooper’s Island Oyster Aquaculture Co., (www.cgoysters.com)

The Startup Maryland team was invited to share how their efforts have developed over the past year, as well as to highlight the group’s themes and areas of concentration for the future – looking decades ahead.

“Startup Maryland has done an amazing job engaging young companies throughout their state, attracting more than 500 startups participants in the eight months since they launched,” stated Scott Case, CEO of Startup America Partnership. “They have set a great example for other startup communities across the country as they’ve identified the state’s biggest issues facing entrepreneurs and come up with innovative strategies to address them.”

Near the end of 2012, Startup Maryland began a campaign to engage its entrepreneur participants as Champion leaders for the Startup Maryland initiative.  With the support of the national Startup America team, Startup Maryland held a series of Champion Sessions during which Big Ideas and Areas of Focus were identified and prioritized.

“From infusing innovation into heritage industries like the Chesapeake Bay oyster fishery; to feel-good historically-rich brands like Smith Island; to the front-lines of cyber-security, cloud computing, big data and social networking, Maryland entrepreneurs are leaders, drivers and winners,” stated Binko, who also serves as president|CEO of kloudtrack®.  “Cultivating a close relationship with these entrepreneur champions and fostering mentorship, cooperation and support across this community is where Startup Maryland strives to serve and has proven its meddle to-date,” added Binko.

One of the widely recognized Startup Maryland successes in its first year was the Pitch Across Maryland a state-wide startup celebration tour and business pitch competition.

“The Pitch Across Maryland connected startups with resources including accelerators, incubators, economic dev. agencies, angel/VC investors and universities,” stated Kirk, who also serves as Executive Director of the Maryland Center for Entrepreneurship.

Tour stops and rallies were held across Maryland celebrating our varied startup communities and, with a mobile video studio on the bus, the tour gave startups entrepreneurs the opportunity to pitch their own business in their own words.

“Startup Maryland is making a strong impact across the state.  Whether it is the Pitch Across Maryland or the cultivation of our Champion leaders, being recognized by Startup America and thought leaders from the White House and U.S. government gives us validation and lets us know we are on the right track,” added Kirk.

During the year-end sessions, Champions were asked to step-up and take ownership of the Startup Maryland initiatives in order to make them work for their own companies and to ensure Startup Maryland actually stays attentive to what they need.  Four Areas of Concentration and one Main Theme emerged after sessions with more than 40 Champions.

The four Areas of Concentration centered on what Champions felt Startup Maryland should be doing with and for entrepreneurs.  These focal areas included: Connection, Celebration, Coaching and Capital.  Broad details related to future plans for each of these four areas will be announced today at the White House and in more depth together with partners, the Startup Maryland Champions and broader stakeholder communities over the coming weeks.

The Main Theme has to do with an Unfair Advantage Maryland affords to entrepreneurs looking to birth and grow high-potential startups.  While the Unfair Advantage is essentially a conceptual perspective it is grounded in the fact that Maryland boasts a cadre of almost unmatched resources that have fueled rich startups and innovations for decades.

With active counties, universities, accelerators and innovation partners like Maryland TEDCO and the state’s Department of Business and Economic Development (DBED), Startup Maryland is  working together with entrepreneurs to strengthen Maryland’s economic fabric while fostering an economic climate where the most promising companies can leverage the state’s Unfair Advantage in order to inflect and thrive.

“These connective efforts are core traits that we strongly encourage and nurture among all of the Startup America regions,” concluded Case.

About Startup Maryland:

Startup Maryland (startupmd.org) is a regions initiative launched out of the Startup America Partnership (www.S.co).  It is a state-wide initiative FOR entrepreneurs BY entrepreneurs to bring entrepreneurial resources together, increase access to resources / capital / deal flow and boost awareness, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

About the Startup America Partnership:

The Startup America Partnership (www.s.co) is a growing national movement of thousands of founders, experts and resources providing startups access to the corporations, investors, and services they need to grow. Launched in early 2011, the Partnership brings together startups and local champions from around the country focused on creating successful networks for young, high-growth companies to thrive. AOL co-founder Steve Case chairs the Partnership and the Kauffman and Case Foundations are its founding partners.

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DBED and Startup Maryland Jointly Host Webinar on InvestMaryland as a National Best Practice

BALTIMORE, MD (January 15, 2013) – The Maryland Department of Business and Economic Development (DBED) and Startup Maryland today hosted a webinar on the State’s InvestMaryland initiative as a national best practice for other states to model.

The webinar provided information on the creation and implementation of the $84 million program that is fueling Maryland’s Innovation Economy by investing in start-up companies. Outgoing DBED Secretary Christian S. Johansson joined Michael Binko, CEO of kloudtrack and Startup Maryland Co-Chair for the webinar discussion for entrepreneurs and startup communities nationwide. To access a replay of the webinar, click the following link: http://www.youtube.com/watch?v=fJUDTnBNADw.

“Fostering entrepreneurship is critical to the success of every state in this increasingly competitive and global innovation economy,” said Secretary Johansson. “InvestMaryland is providing essential early stage capital for Maryland’s best and brightest young companies and is part of the State’s runway to success that supports startups as they mature through innovation to commercialization to company formation to job creation.”

“Stakeholder mobilization is one of the more subtle yet critical factors in building awareness and buy-in for public-private venture fund programs like InvestMaryland and the Venture Fund,” Binko said. “Governor O’Malley and DBED worked closely with the full spectrum of innovation communities to inform and engage them in the initiative.”

The webinar was held as part of the national Startup America Partnership’s effort to spread successful entrepreneurial support policies and programs across the country.  The largest venture capital investment initiative in Maryland’s history, InvestMaryland was tapped by Startup America for the organization’s “Ideas Center,” a collection of economic development best practices from around the United States.

“Startup America created the Ideas Center as a place where our Region Champions can share the most promising practices being employed to build strong and sustainable startup communities around the United States,” said Donna Harris, Managing Director for the Startup America Partnership. “The recent InvestMaryland/Maryland Venture Fund initiative has become widely recognized as one of the most successful and creative public-private venture capital programs in recent years. We are delighted to have Startup Maryland and Maryland DBED discuss in detail just how the effort was accomplished.”

“Access to capital is a concern many states and communities are tackling,” Harris added. “Broad awareness of these types of trailblazing ideas will benefit other Startup America Regions looking to increase capital flow and rally entrepreneur resources in their own communities.”

Created by Governor Martin O’Malley and passed by the General Assembly in 2011, InvestMaryland is now being administered through the Maryland Venture Fund Authority and DBED. In March, the State raised $84 million for the program through an online auction of tax credits to Maryland insurance companies.

Two-thirds of the InvestMaryland funds will be managed by carefully screened private venture firms that will invest the funds with a commitment to return, if successful, 100% of the principal and 80% of the profits to the State’s general fund. The remaining third will be invested by the state-run Maryland Venture Fund.

Since signing its first deal in September, InvestMaryland has invested more than $1.8 million directly in Maryland companies and allocated another $12 million to Grotech Ventures to invest on behalf of the state.

About the Startup America Partnership

The Startup America Partnership is a growing national movement of thousands of founders, experts and resources providing startups access to the corporations, investors, and services they need to grow. Launched in early 2011, the Partnership brings together startups and local champions from around the country focused on creating successful networks for young, high-growth companies to thrive. AOL co-founder Steve Case chairs the Partnership and the Kauffman and Case Foundations are its founding partners. American Airlines, American Express OPEN, Dell Inc., Intuit Inc., Microsoft and NYSE Euronext are corporate sponsors. For more information on the Partnership, visit http://www.s.co and follow us at www.twitter.com/startupamerica and www.facebook.com/startupamerica.

About Startup Maryland

Startup Maryland (http://startupmd.org) is a regional initiative launched out of the Startup America Partnership (http://www.S.co). It is a state-wide initiative FOR entrepreneurs BY entrepreneurs to bring resources together, increase access to capital / deal flow and boost awareness / celebration, while also bringing together entrepreneurs in a community of support to drive greater economic outcomes.

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Contacts:

Maryland DBED

Karen Glenn Hood

kglennhood@choosemaryland.org

www.choosemaryland.org
Startup Maryland Michael Binko/Julie Lenzer Kirk info@startupmd.org startupmd.org