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Six finalists announced for TEDCO’s Incubation Challenge

Wasilisin – TEDCO President John Wasilisin addresses a crowd of employers and potential employees at a job fair hosted by Venture For America in Baltimore April 29, 2016. Dan Leaderman

TEDCO President John Wasilisin addresses a crowd of employers and potential employees at a job fair hosted by Venture For America in Baltimore April 29, 2016. (The Daily Record / Dan Leaderman)

Six finalists will compete Wednesday in the Maryland Technology Development Corporation’s (TEDCO) first ever Incubation Challenge.

TrajectoryNext, FounderTrac, Anchor Ventures, the LaunchPort Accelerator and two untitled collaborations will pitch their ideas Wednesday at TEDCO’s annual Entrepreneur Expo at the Hilton Baltimore.

The incubators and accelerators will compete for $300,000.

“All of the applicants for the Incubation Challenge demonstrated a commitment to supporting the growth of Maryland’s start-up community,” said TEDCO CEO George Davis. “Innovation and creativity helped the finalists stand apart and we’re excited to recognize our winners and allocate $300,000 to fund their exciting ideas.”

The finalists are all collaborative efforts, including:

  • TrajectoryNext, a collaboration among Betamore, UM Ventures, the Grid, Fast Forward, Johns Hopkins Tech Ventures, and University of Maryland, Baltimore;
  • An untitled collaboration among Maryland Technology Enterprise Institute (MTECH), Inncuvate Consulting, Bowie Business Innovation Center, Maryland Intellectual Property and Legal Resource Center, Prince George’s Community College, and Northrop Grumman;
  • FounderTrac, a collaboration among Launch! Annapolis, MCVC partners, Annapolis Ventures, and The Maryland Tech Council;
  • An untitled collaboration between the Eastern Shore Entrepreneurship Center’s F³ Tech Program and Bethesda Green’s Be Green Hub;
  • Anchor Ventures, a collaboration among Johns Hopkins Technology Ventures, UM Ventures and the University System of Maryland; and
  • The LaunchPort Accelerator, a collaboration between The MVR Company and The Quinn Group.

TEDCO President and Chief Operating Officer John Wasilisin will present the winner of the Incubation Challenge at the end of the expo Wednesday.

The Entrepreneur Expo will be the seventh annual iteration of the event, which also includes the Stem Cell Symposium.

Featured speakers are expected to include Forcepoint Analytics’ Guy Filipelli and Michael McDevitt, CEO of meal delivery service Terra’s Kitchen.

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