FITCI Newsletter for May 2024

Experience the Future in Every Dimension at FITCI’s spectacular launch celebration of Maryland’s EDGE at 321 Ballenger Center Drive in Frederick, Maryland.

Join the journey into the future of innovation in Frederick as we unveil our brand-new space designed to inspire innovation, collaboration, and breakthrough discoveries. Highlights include lots of surprises, and tours of our state-of-the-art, cutting-edge laboratories, educational lab space, and Base Camp, our 4,200 square foot indoor/outdoor space. Reserve your spot here.

Whether you’re a seasoned entrepreneur, a curious innovator, or simply passionate about the future of technology and business in Frederick, join us as we celebrate the physical realization of FITCI’s ecosystem where we’re Launching Dreams and Building Futures.

We can’t wait to welcome you and to show you how we’re Enabling Development and Growth for Entrepreneurs.

Call 301-694-2999 to ask about sponsorship options or how you can support local emerging entrepreneurs. Reserve your spot here… https://fitcinc.ticketleap.com/grand-opening/

Read more about the facility’s construction and amenities with our spotlight blog on supporter Dan Brower of GLE LLC & LEI LLC, “Building a Future’ here…

Congratulations to this year’s EDGE Accelerator startup leaders. For their final session, Demo Day, 15 of Frederick’s most promising emerging entrepreneurs took the stage to showcase what they learned and pitch for cash prizes in front of an esteemed panel of judges, including Tien Wong, Anita Gupta, Deborah Hemingway, Urvashi Bhatnagar, Reginald Seeto, Teddy Dresser, Vladimir Popov, and Jaime Hirschfeld. The event was the culmination of an immersive 12-week program designed to prepare founders for taking their business to the next level.

The grand prize, sponsored by Frederick National Lab for Cancer Research and TEDCO, was awarded to Forager Station, Inc’s founder Patrick Ho. The Audience Choice Award, sponsored by The City of Frederick, went to the StrydeLink, a promising student-led company sponsored by NanoBioFAB. The team includes promising young entrepreneurs Shawn Chen, Nicholas Valerio, Charles Bai, Brian Zhu, and Samuel Sun.

Mesa Science Associates Contributes to Study Demonstrating Efficacy of Intranasal Spray at Treating Anaphylaxis.

Kenneth Dretchen, PhD, of Mesa Science Associates, in collaboration with researchers from Bryn Pharma LLC, Celerion Inc., and Allucent, recently published an article in the Journal of Allergy and Clinical Immunology: Global entitled “A 13.2 mg epinephrine intranasal spray demonstrates comparable pharmacokinetics, pharmacodynamics, and safety to a 0.3 mg epinephrine autoinjector.” Read more…

NanoBioFAB nominated for two ICON 2024 Awards

Current FITCI client NanoBioFAB earned a spot in two categories of the The Maryland Tech Council’s (MTC) 2024 awards. MTC, the largest technology and life sciences trade association in the state and a FITCI ecosystem member, announced the finalists for its 2024 ICON Awards, which honor the best in Maryland’s technology and life sciences communities. Winners will be announced on May 23, 2024, at MTC’s Industry Awards Celebration at Bethesda North Marriott Hotel & Conference Center. 

NanoBioFAB is nominated as Emerging Technology Company of the Year and NanoBioFAB Founder & CEO, Dr. Xiaonao Liu is nominated in the CEO Technology category. Read more…

KnowledgeNet.ai Expands its Reach with 20th CRM Partnership Milestone

KnowledgeNet.ai, a leading provider of artificial intelligence solutions, proudly announces a significant milestone in its continued growth and market presence. The company has reached its 20th Customer Relationship Management (CRM) partnership, marking a significant achievement in its mission to empower businesses with cutting-edge AI technologies. Read more…

FITCI & Living Well Youth Works Partner to Empower Youth Entrepreneurship & Career Exposure

 Frederick Innovative Technology Center, Inc. (FITCI) and fellow nonprofit Living Well Youth Works proudly announce a strategic partnership to open new doors for school-aged children by putting them in front of life-enriching opportunities and experiences, such as building essential life and career skills, mining internship prospects, and connecting to higher education resources.

The partnership’s key elements will include an entrepreneurship competition, college and career fairs, and other special events. The incubator/accelerator will also collaborate in connecting teens to life science and biotechnology internships, including its own graduate companies and 70-plus current startup clients. Living Well Youth Works will maintain a presence at FITCI, supporting a wide range of youth-related initiatives. Read more…

Thin Film Interconnects (TFI) Advances Stateside Chip Manufacturing

Thin Film Interconnects (TFI), a pioneering technology company, is poised to transform the high-demand semiconductor industry with its innovative manufacturing process. This established Korean firm will launch its inaugural U.S. operation with a patented, next-generation production process that surpasses current alternatives in speed and reduced environmental impact. TFI’s new 3DIC (three-dimensional integrated circuit) allows layering of multi-function, greater miniaturization, customization, and can yield a remarkable 40% reduction in chip process costs.

Founder Ty Lee is pleased to announce TFI’s plans for expansion of operations into the Frederick, MD, area. “In 2024, TFI will build a demonstration facility to introduce a new, improved production method to the semiconductor device and packaging industry.” Work is underway now, thanks in part to a program that connects international companies to the local business landscape.  Read more…

OspreyBio Completes Bird of Prey platform, Greatly Simplifying Building of Complex Multigenic Vectors.

Bird of Prey, developed under the leadership of Thomas Reed, PhD, Founder and CEO of BioSolution Designs and the Founder and CSO of Intrexon (now Precigen), is a modular effector and gene assembly system designed to simplify and standardize construction of complex multigenic vectors.
As such, the system is said to advance the field of gene therapy technology significantly by enabling researchers at all levels to easily select, and link multiple effectors and/or genes in a single vector construct for clinically desired biological effects in diseases that require the modification of multiple cellular activities, such as chronic heart failure. Read More…

BioSolution Designs announces drug development subsidiary, BeatBio

BeatBio, created to develop complex multigenic therapeutics for cardiovascular diseases and peripheral artery disease, will deploy BioSolution Designs’ proprietary Bird of PreyTM multigenic design and assembly system. The highly-engineered yet easy-to-use platform enables faster and cheaper design and assembly of a “library” of complex vectors, for screening multiple genetic combinations to prioritize the best therapeutic candidates. Read more…

Looking for space to launch or grow your emerging science or technology business? Seeking opportunities to connect with the next wave of entrepreneurs? Call 301-694-2999 to join us for an exclusive tour and casual networking while we explore the possibilities together.