Top 5: ‘Welcome to the new angel environment’

A new name for a Baltimore neighborhood, the possibility of a new hospital in Prince George's County and a new funding for a Baltimore tech start-up. Here are the Top 5 business stories of the week. 1. Baltimore Internet company snags $750K in funding - by Alissa Gulin 410 Labs — which this month released to the public an email service called Shortmail.com — has garnered coast-to-coast support from both individuals and prominent venture capital firms, particularly from California’s Silicon Valley, the nucleus of national high-tech development and manufacturing. That’s a fairly unique achievement for a new company like 410 Labs in a city like Baltimore, said several people involved with the year-old venture. And to some investors, Shortmail’s early success — 10,000 users registered within a week — indicates that co-founders David Troy, chief executive officer, and Matt Koll, chief operating officer, must be doing something right. 2. Middle East may become Beacon Park after a makeover - by Melody Simmons Developers of an 88-acre site in East Baltimore will soon unveil a new blueprint for the stalled $1.8 billion redevelopment that includes a proposal to rebrand the area and change the name of the Middle East community to Beacon Park. Sources close to the project say the study by the Baltimore advertising agency Carton Donofrio Partners includes plans to jump-start residential development there by 2014.

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