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 Raise Your Game Bootcamp as Guest-Mentor Instructor

NOTE: HISTORICAL POST FOR REFERENCE

Second Session of 2014 Focuses on Starting Up – How to Avoid Pitfalls as an Entrepreneur Starting a New Venture

 

Everywhere, Md. — Startup Maryland (startupmd.org) 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 Michael Binko, Founder | CE), 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.

 

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 MD "Rocks-Out" @ PRS Guitars

Startup Maryland wraps its Pitch Across Maryland eastern shore swing with a special treat.  Tour Leaders/Sponsors and Entrepreneur VIPs were able to see one of the world’s most progressive music companies — PRS Guitars.

Startup Maryland co-chair Michael Binko (CEO of kloudtrack®) interviews PRS Guitars president Jack Higginbotham.

Higginbotham welcomed the Startup Maryland Tour to the company headquarters in Stevensville, MD as part of the Eastern Shore Swing during week number one of the Tour celebrating unique and disruptive MD innovations, companies and — most importantly — entrepreneurs

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.

# # #

Contacts:

Maryland DBED

Karen Glenn Hood

kglennhood@choosemaryland.org

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

CoFoundersLab Wins 2012 Startup Maryland Competition

Eight Finalists Vied for Top Spot at Maryland Entrepreneur Expo

Everywhere, Md. (November 14, 2012) – Startup Maryland is proud to announce that CoFoundersLab (Rockville, Md.) has claimed the top spot in its inaugural 2012 Pitch Across Maryland competition. The company was named the winner in the video pitch competition at the Maryland Entrepreneur Expo on November 13, 2013, by a panel of distinguished judges.  The judges also named Woofound (Baltimore, Md.) as the runner-up.

CoFoundersLab’s winning video can be viewed here.

Woofound’s video can be viewed here.

As the winner and runner-up, CoFoundersLab and Woofound will receive free entry and bypass the first round of judging in the InvestMaryland Challenge, a national seed and early-stage business competition hosted by the State of Maryland. All Pitch Across Maryland participants are encouraged to apply.

The Challenge will award a $100,000 top prize in three categories: life sciences; IT (hardware and software); and general business. In addition, all InvestMaryland applicants will have the opportunity to pitch their business to top venture capital firms and angel investors, and will be given access to resources like incubator space and legal and other services. Applications are being accepted now through December 13.  For more information or to apply, visit www.investmarylandchallenge.org

The Pitch Across Maryland competition captured 168 video pitches from entrepreneurs across the state during Startup Maryland’s Pitch Across Maryland bus tour, which ran from September 11 – 28, 2012. Eight finalists were selected by a panel of entrepreneur and investor experts.

The six other finalists companies were (in alphabetical order):

Separately, Startup Maryland also announced the winners of the Fan Favorite competition:

Startup Maryland added the Fan Favorite award to the pitch competition to keep the awareness and celebration aspects of the tour at a high level. Videos for all 168 entrants can be viewed here.

“These videos are a testament to the strength, dedication and diversity of Maryland’s entrepreneurial community,” says Startup Maryland Co-Chair Mike Binko. “When we launched the Pitch Across Maryland tour we thought we might have 40-50 entrepreneurs join us on the Tour Bus and pitch, so 168 is phenomenal. Including all the rallies and events we held more than 200 startups actually participated in the tour.”

“The Pitch Across Maryland tour, which ran from September 11 – 28, 2012, held celebration and promotional rallies at 25 stops throughout the state of Maryland,” added Julie Lenzer Kirk, Startup Maryland Co-Chair. “Culminating in the Last Stop, First Step party and celebration event at Merriweather Post Pavilion on September 28th this Tour has rightly placed the spotlight on the vitality in Maryland’s innovation economy.”


UNDER ARMOUR® CEO Kevin Plank to Join Startup Maryland

NOTE: HISTORICAL POST — For Reference

6 Month Educational Program Led By Entrepreneurs … For Entrepreneurs

Helps Startup Founders and CEOs Grow and Inflect Quickly

 

Everywhere, Md. (2014) – Startup Maryland (startupmd.org), an initiative of the UpGlobal consortium (www.up.co), today announced that UNDER ARMOUR® Founder and CEO Kevin Plank will participate as the first 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.

DCIM100GOPRO

Kevin Plank joins Startup Maryland co-chairs Mike Binko/Julie Lenzer-Kirk and Startup America president | CEO Scott Case outside the Pitch Across Maryland tour bus at the UNDER ARMOUR® Hull Point HQ-Campus

 

 

“I firmly believe that entrepreneurs learn the most from other entrepreneurs,” stated Kevin Plank, Founder and CEO of Under Armour (NYSE: UA).  “I am honored to be part of the Startup Maryland bootcamp program, and I know I’ll be inspired by great thinkers who share their passions, while I offer my perspectives on what it takes to be a strong CEO and leader.”

 

Development of the Raise Your Game program and curriculum was led by Startup Maryland Entrepreneur Champions Sam Polakoff, (president of TBB Global Logistics), Gregg Smith (CEO of Koolspan) and Startup Maryland co-chair Michael Binko (CEO of kloudtrack®).

 

“As perhaps the most relevant and recognizable business icon in Maryland, Kevin is the perfect entrepreneur-leader to launch Raise Your Game,” stated Michael Binko, founder and Co-Chair of Startup Maryland and CEO of kloudtrack®.  “While Kevin’s Maryland Pride is undeniable, his commitment to give back to and mentor entrepreneur peers is the trait that has endeared him to startup founders – not only in Maryland and the United States but around the world.”

 

 

Beginning with the first session, Raise Your Game will consist of monthly educational “bootcamp” programs emphasizing the critical components of building successful companies.  The 2015 bootcamp has been condensed into 4 monthly sessions (based on 2014 participant feedback) still covering the 6 main topics/themes outlined below.

 

The 6 primary topics of the 2014 Raise Your Game bootcamp included:

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

 

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.

 

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.

 

“Taught by experienced serial entrepreneurs/CEOs with specific subject matter expertise, Raise Your Game participants will be empowered to network with entrepreneur peers while also gaining valuable perspectives from service provider (legal, accounting, PR/marketing) professionals who will also be invited to provide specific guidance on selected topics,” added Julie Lenzer Kirk, Startup Maryland co-chair.

 

Upon successful completion of the 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.

 

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.

About Under Armour:
Under Armour® (NYSE: UA) is a leading developer, marketer, and distributor of branded performance apparel, footwear, and accessories. The Company’s products are sold worldwide and worn by athletes at all levels, from youth to professional, on playing fields around the globe. The Under Armour global headquarters is in Baltimore, Maryland. For further information, please visit the Company’s website at www.ua.com

Raise Your Game™

UNDER ARMOUR® Founder and CEO Kevin Plank participates as the first instructor for Startup Maryland Raise Your Game™ Bootcamp

 

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.

 

“I firmly believe that entrepreneurs learn the most from other entrepreneurs,” stated Kevin Plank, Founder and CEO of Under Armour (NYSE: UA).  “I am honored to be part of the Startup Maryland bootcamp program, and I know I’ll be inspired by great thinkers who share their passions, while I offer my perspectives on what it takes to be a strong CEO and leader.”

 

DCIM100GOPRO

Kevin Plank joins Startup Maryland co-chairs Mike Binko/Julie Lenzer-Kirk and Startup America president | CEO Scott Case outside the Pitch Across Maryland tour bus at the UNDER ARMOUR® Hull Point HQ-Campus

 

Development of the Raise Your Game program and curriculum was led by Startup Maryland Entrepreneur Champions Sam Polakoff, (president of TBB Global Logistics), Gregg Smith (CEO of Koolspan) and Startup Maryland co-chair Michael Binko (CEO of kloudtrack®).

 

“As perhaps the most relevant and recognizable business icon in Maryland, Kevin is the perfect entrepreneur-leader to launch Raise Your Game,” stated Michael Binko, founder and Co-Chair of Startup Maryland and CEO of kloudtrack®.  “While Kevin’s Maryland Pride is undeniable, his commitment to give back to and mentor entrepreneur peers is the trait that has endeared him to startup founders – not only in Maryland and the United States but around the world.”

 

Beginning with the first session on July 25, 2013, Raise Your Game will consist 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.

 

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.

 

“Taught by experienced serial entrepreneurs/CEOs with specific subject matter expertise, Raise Your Game participants will be empowered to network with entrepreneur peers while also gaining valuable perspectives from service provider (legal, accounting, PR/marketing) professionals who will also be invited to provide specific guidance on selected topics,” added Julie Lenzer Kirk, Startup Maryland co-chair.

 

Upon successful completion of the 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.

 

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 other startup/entrepreneur guidance and resources?  Join the Startup Maryland entrepreneurial community at http://startupmd.org/become-a-member/

 

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.

 

About Under Armour:
Under Armour® (NYSE: UA) is a leading developer, marketer, and distributor of branded performance apparel, footwear, and accessories. The Company’s products are sold worldwide and worn by athletes at all levels, from youth to professional, on playing fields around the globe. The Under Armour global headquarters is in Baltimore, Maryland. For further information, please visit the Company’s website at www.ua.com

 

 

Startup Maryland Unveils “Raise Your Game” Program for Startup CEO/Founders

Educational Sessions Led By Entrepreneurs … For Entrepreneurs

Helps Startups Grow and Inflect Quickly

 

Everywhere, Md. (March 19, 2013) – Startup Maryland (startupmd.org), a regions initiative of the national Startup America Partnership (www.s.co), today announced the Raise Your Game initiative to provide the Maryland entrepreneur community with a structured educational program designed to help startup CEOs and founders understand and employ the building blocks of strong startups and startup communities.

 

 

Development of the Raise Your Game program and curriculum was led by Startup Maryland Entrepreneur Champions Sam Polakoff, (president of TBB Global Logistics), Gregg Smith (CEO of Koolspan) and Startup Maryland co-chair Michael Binko (CEO of kloudtrack®).  Beginning in July of 2013, Raise Your Game will consist of a 6 month educational “bootcamp” program emphasizing the critical components of building successful companies.  These topics include:

 

  • CEO 101 – How to be a strong startup CEO and team leader
  • Starting Up – Best practices when forming your company | avoiding pitfalls
  • Planning for Financial Success – Financial Models, capitalization tables, accounting
  • Virtualizing Your Company – Lean Startup approach | outsourcing non-core functions
  • Go-to-Market Strategies – Sales, marketing, PR, channel | distribution development
  • Raising Capital and Exit Roadmapping – Lifecycle stages, financing options, exits

 

NOTE:  a video is available on the Startup MD YouTube site @: http://youtu.be/8C4JVlH1fxs and below

 

The Raise Your Game initiative 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. (See Empowering Entrepreneur Champions below for more detail).

 

“Peer-to-peer mentorship and coaching is one of the cornerstones of Startup Maryland efforts over the next year and beyond,” stated Binko.  “Open dialog between founders/entrepreneurs is proven to be one of the most beneficial learning methodologies for high-growth startup leaders.  Startup Maryland is moving to formalize an approach with the Raise Your Game program.”

 

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 CEO peers at all stages.

 

“Taught by experienced serial entrepreneurs/CEOs with specific subject matter expertise, Raise Your Game participants will be empowered to network with entrepreneur peers while also gaining valuable perspectives from service providers (legal, accounting, PR/marketing) professionals who will also be invited to provide specific guidance on selected topics,” added Julie Lenzer Kirk, Startup Maryland co-chair.

 

Upon successful completion of the Raise Your Game program, graduate-CEOs will join an exclusive alumni network.  To learn more, join us for an upcoming (April 3 @ 11 am ET) informative Raise Your Game webinar, go to: https://www1.gotomeeting.com/register/972651137

 

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 other startup/entrepreneur guidance and resources?

Join the Startup Maryland entrepreneurial community at http://startupmd.org/become-a-member/

 

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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