Originally Posted by Morgan Eichensehr of Baltimore Business Journal
Emerging Technology Centers has accepted six young companies into its 2019 Accelerate Baltimore cohort.
Accelerate Baltimore, now in its eighth year, is an annual four-month program hosted by the ETC incubation and coworking space in East Baltimore. The accelerator aims to help startups develop their products or services to bring them closer to commercialization. It is backed by funding from the Abell Foundation and sponsored by Harbor Designs and Bowie & Jensen LLC.
Each participating company is awarded $25,000 in seed funds and will have access to free office space, over 16 mentors and advisers, weekly guest speaker sessions, incubation services and educational programming though the ETC. That includes a course on how to pitch for funding through investor-created tool, Pitch Creator. One company will also be selected to receive an additional $100,000 after completing the program.
To date, Accelerate Baltimore has supported 41 companies that have raised over $22.3 million in funding and created 125 jobs in the city.
Here are the growing firms that have been selected for the 2019 cohort:
- Blood Sweat & Gears — Invented an automated granular product dispenser for residential or commercial use to spread salt or ice melt on walkways, driveways and paths during winter months. The spreader can also work with seed, feed and fertilizers for year-round lawn use.
- Gami — Provides a subscription-based monthly origami pack for beginners, including diagrammed and scannable video instructions.
- Mojoe Brewing Co. — Created a travel single-serve portable brewer and mug that uses proprietary K-cup-like coffee capsules to brew fresh coffee on the go.
- ReVased LLC — Managesan online marketplace that aims to repurpose flowers from weddings, by connecting brides to local florists, charities and other brides.
- Spotswash LLC — Provides an app-based waterless car wash and detail service that contracts with residential and commercial buildings with parking garages to wash tenants' cars while they work or sleep.
- Vagrant Coffee — Runs a cafe-on-wheels business that allows customers to request a "carista" and custom mobile espresso bar, built into the back of a MINI Cooper, to their location.
Notable former Accelerate Baltimore cohort members include Allovue, a local finance-oriented edtech that recently raised a $7 million Series A, and ClearMask, a startup working to bring an entirely transparent surgical mask to market to improve doctor-patient communication.
Last year, the $100,000 pitch competition prize went to IsItGood, an app-based startup that is working to create a kind of "Rotten Tomatoes for podcasts," to help avid podcast listeners find new shows and episodes they'll like.