As we mentioned the other day, Baltimore is a great place to be a tech worker. Not only are salaries high, there are also plenty of investors looking to give seed funding to what they hope will be the next hot idea. Case in point: Citelighter, which promises to help students organize citations in academic papers — and which just raised $1.52 million in financial backing, the bulk of it from Baltimore area investors.
From bike shares to spare couches, from swapping clothes to trading tools, the sharing economy has picked up steam in the past five years. Some trend watchers point to Millennials as the source of the national uptick. Others say that a renewed interest in all things green as well as a new brand of thriftiness that started in the recession has led to the growth in collaborative consumption.
On the eve of its second anniversary, Baltimore-based startup GiveCorpshas added Vince Talbert as CEO. E-commerce expert and co-founder of tech-giant Bill Me Later, Talbert was instrumental in its $1B sale to PayPal in 2008. He brings unmatched e-commerce expertise to the higher education-focused giving platform.
Over recent decades, higher education institutions nationwide have struggled to maintain alumni giving, with participation falling from 20% during the 1980’s to 9%* today. GiveCorps is positioned to move higher education beyond crowdfunding with a cloud-based giving platform that allows colleges and universities to match donor passions with real funding needs for the first time.
This is why I’m afraid of the future: Google Glass, if you don’t already know, is basically like a wearable version of the internet. For $1,500, you can get a pair of ugly glasses that allow you to keep a computer-like display in your field of vision at all times. You’d be able to take pictures, perform searches, and provide even more status updates. What could go wrong!?
There’s a world of difference between a good idea and a business that actually turns a profit. In order to get their companies off the ground, would-be entrepreneurs need office space, equipment, talent, and plenty of good advice — things that can be difficult (or expensive!) to come by in those crucial early stages. Enter Johns Hopkins’ new “business accelerator,” FastForward, which will help transform “the best ideas born on campus into moneymaking ventures.”
It began with cocoa powder, heavy cream, and a communal kitchen in a sophomore dorm; just a few months later, Johns Hopkins student Jamasen Rodriguez’s chocolate company had $100,000 in start-up money, and was named one of Inc. Magazine’s coolest college start-ups of 2013.
Baltimore City publishes its parking citation list online. For most people, the citation roster is just a reminder of how frustrating it is to find one of those ominous neon-green envelopes nestled under your windshield wiper, but for local programmers Shea Frederick and James Schaffer, it was an opportunity.