Evergreen Advisors is a proud sponsor of the 2016 ETC AccelerateBaltimore (AB) program. AccelerateBaltimore is an initiative of the ETC (Emerging Technology Centers) in conjunction with The Abell Foundation, who helped to supply funding for this initiative. The ETC is Baltimore’s award-winning incubator and aims to close the gap between innovative ideas and the ability to bring them to market. The ETC’s AB program provides startup companies with seed capital, free resources, access to an advisory team, an instructional program, mentors, and connections to potential partners and investors.
This year there were 125 applicants, breaking all previous years’ records, and only 6 of them were chosen for the cohort. Each company receives $25,000 and the winner will receive $100,000 in additional funding towards their company during Demo Day, held on April 27, 2016, which marks the end of year five’s AB program. Angel investors, venture capitalists, and other entrepreneurs will be in attendance to help celebrate the winner who quickly brought their business products and/or services to market.
In the past 4 years, 22 companies have graduated from the program and the Abell Foundation has invested over $550,000. These companies have gone on to raise over $10 million in follow on funding. Companies that have successfully graduated from AccelerateBaltimore include Allovue, NewsUp, PrintLess Plans, Artichoke, Unbound Concepts, Survey Snap, Full Soceity, and Brinkbit, among others.
The following 6 companies have been accepted into AccelerateBaltimore’s 2016 program:
- Point3 Security
About Evergreen Advisors, LLC
Evergreen Advisors, LLC is a leading investment banking and corporate advisory firm focused on assisting emerging growth and middle-market companies in the areas of corporate finance, growth and exit strategies, business valuation and advisory services. For more information, visit https://evergreenadvisorsllc.com/
Securities transactions conducted through Evergreen Advisors Capital/Member FINRA/SIPC.
About The ETC
The ETC is the City of Baltimore’s award-winning, technology innovation center and incubator program focusing on Entrepreneurship, Technology and Connections. The ETC is a non-profit 501 ( c ) 3 venture of the Baltimore Development Corporation. ETC has two diverse locations in the city of Baltimore –ETC’s Haven Street Campus in Highlandtown and the JHU Eastern Campus on East 33rd Street. For more information, visit http://etcbaltimore.com/
About The Abell Foundation
The Abell Foundation, established in 1953, is dedicated to the enhancement of the quality of life in Maryland, with a particular focus on Baltimore. The Foundation has contributed more than $263 million to support the community and their work falls into three categories – Grants, Publications, and Direct Investments. The Foundation places a strong emphasis on opening the doors of opportunity to the disenfranchised, believing that no community can thrive if those who live on the margins of it are not included.