Odenton, Maryland – (July 26, 2016) from Chesapeake Innovation Center – Anne Arundel County Executive Steve Schuh welcomed nine new companies to the county’s technology incubator, the Chesapeake Innovation Center (CIC). The companies were winners of the CIC’s recent scholarship competition the Chesapeake Innovation Challenge. Funding for the competition was made possible with support from the Maryland Department of Commerce.
Mr. Schuh attended the CIC’s monthly Synergy Luncheon, typically billed as an informal get-together for member companies. He highlighted steps taken by his administration to grow the number of businesses in the county. Mr. Schuh participated in a question and answer session with the entrepreneurs in attendance where his prior experience as an investment banker gave him a unique perspective.
“As Anne Arundel County is the home to Fort Meade and the nation’s cyber security efforts, I am proud to welcome a new cohort of emerging technology companies that will part of our innovation community,” said Mr. Schuh. “I am confident that with the business development guidance offered here at the CIC and the support of resources and connections in the Fort Meade region and around the State of Maryland, these early stage ventures will be able to take significant steps towards success.”
Michael Tentnowski, the CIC Executive Director, commented “The addition of this new round of companies will enhance entrepreneurial activities in the region. These companies will hire new employees, seek local capital, and engage with professional service providers throughout the region.” With the addition of these nine companies to the CIC’s current roster of companies, the center now has 16 companies and continues its specialized incubation of companies developing information and network security solutions. Eight of the Innovation Challenge winners are cyber-related businesses with a number of the entrepreneurs having government agency experience. Other innovations represented include point-to-point communications, health technologies and a project management platform. Chesapeake Innovation Challenge winners include the following: