Anne Arundel County’s Technology Incubator Chesapeake Innovation Center Announces Move to Odenton
Tuesday, March 25, 2014
Posted by: Lindsay Powell
Anne Arundel County’s Technology Incubator
Chesapeake Innovation Center Announces Move to Odenton
Location doubles current space, allows for program expansion and enables stronger collaboration among industry, government and academia in one setting
Annapolis, MD – (March 25, 2014)– The Chesapeake Innovation Center (CIC), Anne Arundel County’s technology business incubator, is expanding to larger, new Class-A space in the Seven Oaks Office Building in Odenton, Executive Director Laura Willoughby announced today . The building, located at 2288 Bluewater Boulevard in Odenton, is owned by the Halle Companies and is centrally located in the heart of the nation’s data technology region directly outside the gates of Ft. Meade.
"With this expanded, modern space, the innovation center will be able to grow our program and communities, ultimately enabling us to better meet the needs of entrepreneurs and technologists in the region,” said Ms. Willoughby. "This expansion positions the CIC and its member companies to access a wider network of corporate, government and academia partners in the entire region, while providing a centralized location to serve as the hub of innovation in Anne Arundel County.”
The Chesapeake Innovation Center will occupy and manage a portion of the ground floor when it moves in the summer of 2014. More than 8,300 square feet will house the innovation center’s incubator space. This state-of-the-art facility will include administrative and member offices, executive office suites suitable for lease by innovative companies and a "smart” training room with the latest technological amenities suitable for graduate and professional development programs. The Seven Oaks Office Building is leased by Capitol Creag’s Kevin Wilson.
"We’re proud that our first tenant in this office building is an organization that grows the area’s business community by incubating emerging technologies,” said Jon Halle, Vice President at The Halle Companies. "It will make this building an even more attractive location for technology and contracting-related businesses that want a strong presence in west Anne Arundel County.”
The new location is in a revitalization district, a county-designated area aimed at stimulating private investment and encouraging revitalization in older commercial and industrial areas. "We chose this location for the expanded CIC specifically because it reflects the county’s commitment to community revitalization; housing the CIC in this space will support the continued growth and redevelopment of the area outside the Fort Meade gates,” said Ed Rothstein, CEO and President of the Anne Arundel Economic Development Corporation. The Chesapeake Innovation Center is a program of the AAEDC.
The move coincides with the innovation center’s plan to expand its services and programs to provide a structured approach tailored to individual companies and designed to graduate companies in a timely manner. Current membership levels include Resident Membership, for early-stage companies in a targeted technology area that have a well-developed business plan and an established management team, and Affiliate Membership, for early-stage or small companies currently implementing its strategic business plan but that can benefit from accelerator services.
In the new space, the innovation center has planned a new co-working area called the Collaboration Hub designed for early stage companies that have a basic business plan but need more time to develop its technology and polish its pitch presentation.
ABOUT THE CHESAPEAKE INNOVATION CENTER: As a program of the Anne Arundel Economic Development Corp, the CIC helps to attract, retain and grow companies in the county. The innovation center, a business incubator in Anne Arundel County, supports emerging technologies that apply to national security, cyber, health IT, cloud, big data and other industry sectors, by providing innovative companies and entrepreneurs with the resources, connections, and programs they need to innovate, connect, grow and succeed.