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bwtech@UMBC Incubator And Accelerator To Receive New Directions Award

Towson, MD (September 22, 2008)—Baltimore County Executive Jim Smith will present the bwtech@UMBC Incubator and Accelerator with the County's New Directions Award, an honor given to a company or organization that exemplifies the quality of Baltimore County businesses in the future. The award will be given at the Baltimore County Chamber of Commerce Business Hall of Fame Awards Dinner on Thursday, November 20 at the Marriott Hunt Valley.

The bwtech@UMBC Incubator and Accelerator is located adjacent to the University's research park and provides a nurturing environment for approximately 20 start-up and emerging and technology and life sciences companies. "The services provided by UMBC to entrepreneurial businesses encourage their growth and help to ensure a viable economic future for Baltimore County," state Baltimore County Executive Jim Smith.

bwtech@UMBC provides affordable space, business advisory services, shared scientific equipment and a collaborative relationship with UMBC students to support start-ups as they engage in research development activities. To date, nearly 40 companies have graduated from the incubator program and provide a range of services including environmental mapping, tradeshow management software, and testing for nasal sprays and inhalers. Many of these graduate businesses have entered the university's accelerator program, giving them more opportunity to transition their ideas into successful businesses.

The November 20 awards dinner will also induct two business leaders into the Baltimore County Chamber of Commerce Business Hall of Fame; Lynne Brick B.S.N, Co-founder and President of Brick Bodies and Robert Barnhill Jr., Founder and CEO of TESSCO Technologies. Tickets to the dinner are available by calling 410-825-6200.

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Baltimore County
Department of Economic Development
400 Washington Avenue Towson Maryland 21204
Phone 410-887-8000

For additional information contact businesshelp@baltimorecountymd.gov

Revised September 22, 2008


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