COLUMBIA, Md. — The Maryland Department of Business and Economic Development (DBED), the Maryland Technology Development Corporation (TEDCO), RSM McGladrey Inc., and Saul Ewing has named the winners of the eleventh annual Maryland Incubator Company of the Year Awards (ICOY).
The awards, chosen by a selection committee comprised of venture capitalists and government and business leaders, recognized the achievements of eight companies currently located in Maryland’s incubators, including one graduate company.
“This event allows the technology community to recognize the great strides made throughout Maryland’s business incubators,” said DBED Secretary Christian Johansson.
The winning companies were selected based on the organization’s goals and its success in achieving their objectives. Judges considered factors such as technology or product development; intellectual property; increase in employee numbers; growth in revenue or earnings; engagement of significant customers and strategic partners; receipt of awards or grants; attraction of outside investors; innovation; self-sufficiency; impact on the region; and usage of the incubator’s services.
“The 2011 Incubator Company of the Year Award honorees represents the finest group of technology innovators in the state and region,” said Rob Rosenbaum, president and executive director of TEDCO. “Having supported many of these companies and entrepreneurs through early-stage funding and grants, TEDCO is proud of their success thus far, and looks forward to their continued growth as they bring their products into the mainstream marketplace.”
“Incubators throughout Maryland are essential in supporting the technology and economy of the future,” said Brian S. Merrit, a managing director with RSM McGladrey. “From cyber security solutions to medical devices using technologies licensed by NASA, these companies are changing the way the world operates and communicates.”
“This year’s winners serve as prime examples of what startup companies can achieve through Maryland’s incubator program,” said Phil Bogart, attorney at Saul Ewing LLP. “Saul Ewing is honored to show its support for all of these hard working companies.”
The categories and award winners are:
Graduate Company of the Year – WellDoc (Emerging Technology Center, Baltimore) developed a technology-based solution that helps people with chronic diseases better manage their conditions. www.welldocinc.com
Green Company of the Year – UR Solar Power, (Frederick Innovative Technology Center, Inc., Frederick) develops, implements and manages residential solar programs for utilities and national retailers. www.ursolarpower.com
Homeland Security Company of the Year – Unatek Inc. (Technology Assistance Center, Largo) an information technology consulting firm with an established niche as a market leader in cyber security solutions. www.unatek.com
Information Technology Company of the Year – kloudtrack (Chesapeake Innovation Center, Annapolis) a technology and solution services company that offers simple Software-as-a-Service (SaaS) and Cloud Computing capabilities concentrating on the Human Side of Compliance®. The Human Side of Compliance® relates to the cross-roads where individuals interact with sensitive data and information. www.kloudtrack.com
Life Sciences Company of the Year – CosmosID (Technology Advancement Program, College Park) a biosystematics company that develops methods and a process called Cloud SequencingTM, which delivers pathogen identification in a single, rapid and accurate test.
New Company of the Year – StraighterLine (Emerging Technology Center, Baltimore) offers affordable online freshman-level college courses. Students who successfully complete StraighterLine courses receive credit when they enroll with any college belonging to its network of regionally accredited partner colleges and universities. www.straighterline.com
Technology Service Company of the Year -SITEC Consulting (NeoTech Incubator, Columbia) a business process automation firm which provides customers with innovative technology, instituted best practices, and quality professionals for both the federal and commercial markets. By leveraging capabilities, experience and practices, SI Tec enhances a customer’s overall ability to accomplish its mission. www.sitec-consulting.net
Technology Transfer Company of the Year – Bartron Medical Imaging, Inc. (Technology Assistance Center, Largo) a biotechnology medical device manufacturer dedicated to software development and research and development using a technology licensed from NASA Goddard Space Flight Center. Its MED-SEGTM, which separates 2D images into “digitally related” sections or regions, that after colorization, can be individually labeled by the user.www.bartron.ws
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Tags: CosmosID, kloudtrack, Maryland Incubator of the Year award winners, SIEC Consulting, StraigherLine, TEDCO, Unatek, UR Solar Power, WellDoc
