Business Beginnings

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A start up must have a good business plan. Image courtesy of St. Lucia Times

Businesses are like wine– you know they are good when they have been around for some time. The longer, the better it is. While we always look up to old, “time-tested” business organizations, they, too, actually had gone through the phase of being a start-up and did good over the years, consistently. Baltimore is known to be a hub for big and established businesses but  it is also a place where new start ups are encouraged and thrive!

Stephen Babcock listed down 20 promising start ups in Baltimore for 2018. And here’s some of them:

1. Ready Robotics

The company that makes a product dubbed the “Swiss Army Knife of Robots” doubled down on City Garage with expansion, and is looking to expand thanks to a unique distribution deal with Arnold Automation. This startup sits squarely at the center of the conversation about the future of manufacturing. Continued success could show that automation doesn’t necessarily mean lost jobs.

2. Osmosis

Founded by Johns Hopkins medical school students, the personalized learning startup might be behind a health explainer video you watched recently. The year was marked by team growth, and even a move into print. We’re interested to see what direction they’ll grow in 2018.

3. FactoryFour

This startup was on the list last year under the name of Fusiform Medical. Since then, the founders changed the name and made a savvy pivot that grew out of their initial technology. It helped them move beyond health to pretty much any category that involves manufacturing.

4. Intelehealth

The company founded by graduates of theJohns Hopkins Center for Bioengineering Innovation and Design are taking on the challenge of getting healthcare to areas of the world where going to a primary care doctor involves lots of barriers. Serving these remote areas means setting up telemedicine systems that can help workers navigate health considerations, as well as working over low-bandwidth internet connectivity. The team led by CEO Neha Goelis expanding with a pair of pilots in India, as well as with work in Haiti.

5. Proscia

The core team of this company started working on bringing machine learning to the analysis of cancer biopsy images when they were undergrads at Johns Hopkins. Now based out of Spark Baltimore, the company continues to grow through partnerships as it looks to change the way digital pathology has been done for 150 years.

6. b.well

This connected health startup returns to the list after CEOKristen Valdes recently told M-1 Ventures that the company has gone from “pipeline to firehose mode” when it comes to sales.

7. CourseArc

An edtech startup that goes beyond K–12, this company’s platform helps instructors design elearning courses even if they don’t have tech expertise. A year of growth in 2017 was cemented with a new partner that happens to be close to home in Baltimore County Public Schools.

8. B360

We see lots of combinations of disparate disciplines, but the combination of dirt bikes and STEAM education was enough to cause us to stop and listen. Then we met founder Brittany Young, whose commitment to helping West Baltimore comes through immediately. She had a big year going through Johns Hopkins’ Social Innovation Lab, Red Bull Amaphiko Academy and winning the Black Girl Ventures Boss Up Competition. Look for the programming to spread in 2018.

9. MF Fire

The fact it’s hardware startup and founded by fire scientists got our attention. The amount of tech packed into its next-generation wood stove shows smart-home prowess, and it’s already ahead of regulations coming in the next couple of years. In 2017, the company collected the first investment from the Maryland Momentum Fund and started shipping its first stoves, setting up the potential for a big year in 2018.

10. Danae Prosthetics

MICA alum Winston Frazer brings an artist’s eye to the creation of replacement limbs, while taking advantage of tech tools such as 3D printing. Working as part of the first West Baltimore cohort of Conscious Venture Laband snagging room to work at Harbor Designs and Manufacturing, the startup exemplifies the growing boundaries of Baltimore’s tech community. Full article here.

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Baltimore is Maryland’s economic hub. Photo courtesy of Jon Bilous

You know that a city’s economy is competitive when businesses, small or big, are everywhere. Being the largest city in Maryland, you will have the assurance of having  the best possible consumers. Thinking of starting up a business and not getting drowned by a bank loan? Selling your spare property or downgrading for the mean time could be an option. If so, Dependable Homebuyers can help you!

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