The Baltimore Business Journal is reporting:
The Chesapeake Innovation Center is moving after more than 10 years in Annapolis.
It plans to open a new location at 2288 Blue Water Blvd. in Odenton by the end September. More than 8,000 square feet will house the center’s incubator offices for up to 12 resident companies, said Laura Willoughby, executive director of the CIC.
The Chesapeake Innovation Center will be across the gates from Fort George G. Meade. That area is the heart of data, Willoughby said.
“While a lot is specific to intelligence and national security, there’s a much more robust and diverse technology sector around there,” she said.
The center’s new location will make it easier for its member companies, such as Kloudtrack and Authentik Solutions, to do work with the national security sector, Willoughby said.
Close proximity to Baltimore, Annapolis and Washington, D.C., will make it easier to partner with other incubators. “If we have programming that’s similar to another incubator it makes sense to partner,” she said.
Part of the new office space includes executive offices that can be leased to outside companies and a training center. The executive offices can be used by any company, although Willoughby said she expects there to be ties to technology.
The executive offices and affiliate program is for early stage companies with a basic business plan, she said. The goal is to use the affiliate program to allow the early stage companies tap into the center’s investors and become a little more polished to go after funding and contracts.
Read the rest of the article at the Baltimore Business Journal.