Emerging Technology Centers (ETC)
The Emerging Technology Centers (ETC), a venture of the Baltimore Development Corporation (BDC), is a non-profit 501 (c)(3) corporation operating as a technology business incubator. ETC works with early stage Baltimore-based technology entrepreneurs to help them move their businesses ahead farther and faster than they could on their own. Beginning in 1999, ETC has assisted over 300 companies – 87% of which are still in business – that have created over 2325 jobs and raised over $1.5 billion in outside investment. It is estimated that these companies represent in excess of $376 million in economic activity for the City of Baltimore. A comprehensive array of business services are offered to help start-up companies compete – and succeed – in the marketplace. ETC offers a full-service, flexible, turnkey solution for entrepreneurs in two (2) convenient locations. That means that the entrepreneur can focus attention on the critical success factors driving the business and not on administrative details. ETC also runs a 13 week lean start-up accelerator each year and offers co-working space. The full-time ETC staff and subject matter volunteers assist companies with strategic planning, decision-making and business analysis. ETC also uses its extensive network to give start-up companies unprecedented access to business, university and government contacts; public and private funding sources; and networking opportunities with both early stage and mature technology companies. ETC clearly provides the opportunity for individual companies to maximize their growth potential, but more than that, ETC provides a creative environment in which like-minded entrepreneurs can increase their company’s potential through shared learning, partnerships, joint ventures and collaborations.