Press Releases

GOEFER Launches Energy Saving Technology Pilot Program at ROOT

Early-stage technology company GOEFER has teamed up with ROOT’s five partner organizations to conduct a pilot program of the company’s proprietary energy technology, which analyzes energy usage and gives users greater control.

ROOT, a collaborative business innovation center in downtown Frederick, is home to the Frederick County Office of Economic Development, the Frederick County Chamber of Commerce, the Frederick Innovative Technology Center … Read more

Frederick Tech Incubator Awarded $450,000 From Rural Maryland Prosperity Investment Fund

The Frederick Innovative Technology Center, Inc. (FITCI), Frederick, Maryland’s tech incubator, announced today that it is the recipient of two grants totaling $450,000 from the Rural Maryland Prosperity Investment Fund … Read more

VERALOX Therapeutics Tackles Drug Development, Engages World Renown Board

Frederick, Maryland – Rare blood disorders are on VERALOX Therapeutics Inc.’s “hit” list. The company, a small molecule drug discovery and development firm based in the Frederick Innovative Technology Center, … Read more

Two Frederick Biotech Start-Ups Among Ten Finalists to Present at First Coast Innovation Challenge

The Frederick Innovative Technology Center, Inc. (FITCI), Frederick, Maryland’s tech incubator, announced today that two of its client companies, Abilis Life Sciences and Theradaptive, are among ten finalists who will … Read more

TEDCO’s Rural Business Innovation Initiative Announces Pre-Seed Investments in Two Frederick Start-Ups

BALTIMORE (July 19, 2018)—TEDCO’s Rural Business Innovation Initiative (RBI2) announced its latest pre-seed investment in two rural-based companies—Nanobiofab and GOEFER. As recipients of RBI2 investments, the companies will receive ongoing … Read more

Frederick Innovative Technology Center, Inc. – Success Story: Veteran-Owned Theradaptive Earns TEDCO Support

Exploding IEDs rarely make things better, but one Maryland start-up company is turning tragedy into triumph. Theradaptive, founded in 2014, is a veteran-owned biopharmaceutical firm developing targeted therapeutics that repair … Read more

Goefer to Present at The Big Idea CONNECTpreneur as one of 9 Top Start-Ups in DC Region

On Wednesday, May 23, 2018, FITCI incubator client Goefer will present at The Big Idea CONNECTpreneur expo in Washington, DC. The event will be at the AT&T Forum for Technology, … Read more

Integrated Pharma Services Company’s President Named Business Leader of the Year

Mina Izadjoo, PhD and her team grow more than cells in her lab at the Frederick Innovative Technology Center, Inc. (FITCI) on Metropolitan Court. She helps nurture the next generation … Read more

So you want to be an entrepreneur?

There is an ongoing debate exploring whether entrepreneurs are born or molded by their experiences. Some believe the entrepreneurial spirit is a deep-seated innate gene that you either have or … Read more

Frederick Innovative Technology Center, Inc. Success Story: Decentralized Derivatives Association Earns Ethereum Foundation Grant

Ethereum, a leader in the burgeoning crypto currency market, awarded Frederick-based start-up Decentralized Derivatives Association (DDA) a $100K grant for research and development. DDA was invited to apply just two … Read more