Since 2002, more than 1,750 companies have been incubated in Maryland. Today, nearly 550 companies can be found within or affiliated with the more than 20 incubators within MBIA.
Since 2002, incubator companies have gone on to create more than 11,800 news jobs in Maryland and that number continues to grow each and every day. Incubators foster job creators.
Maryland’s incubators currently nurture nearly 550 businesses, from tech companies to biotech, med tech, and green tech, to digital media and cyber security companies. The diversity of businesses within and graduating from our incubators, reflects the diversity of resources available to Maryland startups.
Maryland’s incubation network has helped foster several multi-million dollar companies that continue to operate in Maryland and support local jobs.
"Incubators help drive economic development by giving entrepreneurs a place to turn new ideas into companies that create jobs and wealth."
Larry Twele, CEcD
President, Maryland Economic Development Association
"MBIA is an excellent organization that brings incubator managers together to discuss best practices. These shared best practices has created a strong network of incubators (more than 20) across the state. This does not exist in most states.
Maryland incubators have contributed greatly to our local and national economy by helping startup companies thrive and survive in tough economic times. Many Maryland incubator graduate companies have gone on to become major national and internationally known companies, contributing to Maryland's job base and tax base."Robbie Melton
Director, Entrepreneurial Innovation at TEDCO
LATEST NEWS View all
July 22, 2014MCE-based Conscious Venture Lab Accelerator Accepting Applications
July 21, 2014SixGen Joins Chesapeake Innovation Center as Collaboration Hub Member
July 20, 2014Véronique Marier Named Bethesda Green Executive Director
July 19, 2014ETC Hosts European Delegation of Entrepreneurs
July 19, 2014Weekly Round Up Report, July 13th -19th
UPCOMING EVENTS View all