By Keith Gordon
TechFire is no longer just a small campfire – it’s grown into a bonfire for our community! In our inaugural year we have undergone many updates, changes and expansions, and we are quickly gaining altitude in these first months of our second year. We have new companies we are mentoring, new additions to our professional network, new co-working members, and the word is getting out about the positive changes our initial companies are experiencing with their business growth. While we have not yet graduated our first company, we are on the brink, with the help of TechFire Entrepreneurs-in-Residence. The truth rests with our companies who are hiring, approaching new markets and being accepted into accelerator and other VC programs! Congratulations to them all!
We are also particularly thankful to have new partnerships, such as an Memorandum of Understanding (MOU) with both UMD, through their Mtech incubator system, as well as a new MOU with the College of Southern MD! These partnerships not only facilitate engagement for students and faculty alike, they create rich educational and entrepreneurial endeavors with local businesses and our colleges. We have and continue to actively participate in DC I-Corps, a National Science Foundation funded program that is designed to successfully incorporate innovations into viable products. We have mentored one of our TechFire teams through the process, and our entrepreneurs-in-residence continue to mentor other teams in the third cohort of this cutting-edge curriculum. We’ve even adopted the Lean Startup and DC I-Corps customer discovery and business model generation methods as a standard approach and vernacular for our TechFire clients.
Good things are happening at TechFire that enhance the Southern MD experience. We are happy to be part of the technology growth and economic diversification of our region. Set up a visit, and standby for announcements of our next networking event! We’d love to see you at the bonfire!