Imagined futures: Baltimore tech and biz leaders tell us what they envision for the next decade
The year is winding down, which offers time to pause and look back at how we were moving, reading, hiring and exiting in 2019. But in this case, it’s not just about one year: The coming calendar turnover marks the end of the decade, and the beginning of a new one.
It’s something we’ve been especially attuned to this year, as Technical.ly celebrated its 10th anniversary of bringing news, events and jobs to Mid-Atlantic communities.
Considering that we looked back at Baltimore tech toward the beginning of the year, we thought it would only be fitting to close out the year by thinking ahead. So we put out a challenge to some of the folks who built the tech community over the last decade to envision how the next one will look.
The idea was to think big. Here are the questions we sent around: “What will Baltimore’s technologists and entrepreneurs achieve over the next decade, and what new roadblocks or opportunities will they confront?”
Martin Rosendale, CEO of Maryland Tech Council
“Baltimore and the surrounding metro area, is perfectly positioned with extraordinary assets in analytics, cybersecurity, and healthcare.
“In 10 years, it should be the premiere location for medical and cybersecurity technology, thanks in part to those of us committed to fostering entrepreneurship and innovation in the region. Innovation resulting from the convergence of data analytics, machine learning and healthcare technologies will improve the quality of healthcare while lowering the cost through precision medicine. Personal Genome Diagnostics, b.well and KeyTech are just three examples of amazing medical technology innovation in Baltimore. Cybersecurity technology is delivering hardware and software solutions that will protect us as we rely more and more on connected technology.
“Baltimore and the MTC members based there are already building the infrastructure necessary to support the entrepreneurs driving these innovations. Rapid and equitable deployment of 5G technology and the expansion of mixed use commercial developments in opportunity zones like Port Covington will support the development of technological innovation. Continued focus on early exposure to STEM initiatives to create the necessary workforce, and incentives to encourage innovation and entrepreneurship will be critical. Creative solutions to improve the flow of technology transferred from government and academic institutions in and around Baltimore will feed the demand for continuous innovation. All of the pieces are in place.”
Jim Hughes, senior VP and chief enterprise and economic development officer for the University of Maryland, Baltimore
“The University of Maryland BioPark will start the next decade with development of 4MLK, a highly-anticipated, $200+ million, 10-story lab and office building prominently located on Baltimore Street and Martin Luther King Jr. Blvd in West Baltimore.
“This new complex, which will double the BioPark’s tenant space, will further foster the BioPark’s reputation as an innovation district and the University of Maryland, Baltimore’s renown as a thriving academic medical center. It will attract entrepreneurs and technology companies from around the region and the world, giving them a fresh place to grow their ventures in fields like biotech, health infomatics, artificial intelligence, and bioengineering.
“The BioPark will be home to leading venture capital firms investing throughout Maryland. Throughout the decade, the continued success and growth of current BioPark tenants such as Catalent Biologics, Pharmaron, and Illumina — as well as demand from new companies and organizations — will give rise to additional lab and office buildings. These developments will bring more than 1,000 new jobs and educational opportunities to West Baltimore, deepening the University and the BioPark’s impact and creating a more vibrant neighborhood in our city.”
Click here to read the imagined futures of other Baltimore tech and biz leaders via Technical.ly Baltimore.