A redeveloped Port Covington will mean thousands of new jobs, new businesses, fresh opportunities for innovation and entrepreneurship, new ways to reach the waterfront and more for Baltimore City and the State of Maryland.Īdjacent to I-95, the East Coast’s most traveled highway, Port Covington provides convenient and efficient commuting and travel times for the area’s workforce, residents, tourists and other visitors. Port Covington is one of the largest urban renewal efforts in America and it will have a fundamental and far-reaching positive impact on Baltimore, its economy and its future. Why? Because Port Covington has it all: prime waterfront location, connectivity, an abundance of existing dynamic tech talent and an entrepreneurial ethos focused on future growth,” Weller added. These businesses are leaving Silicon Valley, an area thought to be the nation’s tech capital, in order to become part of something new and exciting here. Port Covington will be a magnet for growing, innovative companies – an inclusive community for tech-forward companies to work together to bring ideas to reality, from development to full market maturity. “All aspects of the technology life cycle will plant a flag at Port Covington. “This first wave of companies coming to Port Covington represents an ever-growing sector of the economy that is leading us all into the future,” said Marc Weller, partner of Weller Development Company and lead developer of Port Covington. We are delighted to welcome DataTribe, AllegisCyber and Evergreen Advisors and we look forward to the many more to come.” Port Covington provides an ideal location with abundant available space and build-to-suit opportunities – ideal for creating a 21st Century cyber and tech ecosystem. “Ours is a city committed to innovation and entrepreneurship, and we’re determined to foster a work-life environment that appeals as much to the growing millennial population as it does Baltimoreans whose families have been here for generations. “To the cyber and tech companies already here, and yet to come, we wish to reaffirm that Baltimore is your home and resource for talent and capability,” said Catherine E. This future synergistic, tech and cyber ecosystem will be anchored by industry companies that will be relocating and/or expanding to Port Covington: DataTribe, a globally-known cybersecurity startup studio with offices in Maryland and Silicon Valley AllegisCyber, a leading and one of the oldest Silicon Valley-based early-stage cybersecurity venture capital firms and Evergreen Advisors, a Columbia, Md.-based investment banking and corporate advisory firm focused on assisting emerging growth and middle-market companies. Silicon Valley Venture Capitalist Firm Expands and Jobs Move to Maryland The Maryland congressional delegation stands ready to support the effort any way we can.” I am thankful for this investment and excited to see the talent and economic domino-effect this could bring to the entire region. “The expansion and relocation of these firms to Port Covington only helps solidify Baltimore and Maryland’s reputation as the cybersecurity capital of the world. “Today’s announcement unites two of my greatest passions: the City of Baltimore and cybersecurity,” said Congressman Dutch Ruppersberger. Outside Rye Street Tavern, flanked by community and national business leaders and elected officials, the Port Covington Development Team announced that the initial phase of the 235-acre waterfront development will become an epicenter for cyber and tech companies on the East Coast. ![]() ![]() “This new development at Port Covington will further spur development of cyber companies, bringing much-needed jobs, capital investment, and business opportunities to Baltimore City and our state.” “With Maryland’s highly talented workforce, cutting-edge research institutions, and more and more innovative companies locating here each year, no state is better equipped or better positioned to be the cyber and innovation capital of our nation,” said Governor Larry Hogan. This move and momentum further establish Baltimore as a global destination for innovative companies, and will create a nexus of tech and cyber opportunity at Port Covington. (October 18, 2018) – The Port Covington Development Team, along with the Governor of Maryland and Mayor of Baltimore, announced today that Port Covington is set to become one of the leading cybersecurity and technology hubs in the nation, driven by the relocation and expansion of three influential cybersecurity firms to its shores. High-Profile Silicon Valley Venture Capitalist Firms, Real Estate Developers and Business Leaders Collaborate with the Governor of Maryland and Mayor of Baltimore to Create Nexus of Tech and Cyber Opportunity at Port Covingtonīaltimore, Md.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |