Increase number of Maryland Center for Entrepreneurship successful companies to 120 by 2025
Objective Description
Trend Analysis
Even as the MCE begins to reach full resident capacity, there has been a continued upward trend through FY 2019 in both MCE company success and employee counts of MCE member and graduate companies. Due to the impending move of MCE operations into the new Gateway Innovation Center, there was a decrease in MCE visitor activity between FY 2018 and FY 2019. Client service and visitor activity is projected to expand into FY 2020 as the MCE finalizes its move into the Gateway Innovation Center which will provide more strategically-focused innovation activities and outreach.
Strategies
- Establish the Howard Innovation Center as an anchor for innovation in the county.
- Expand strategic partnerships to facilitate small business growth and opportunities.
- Utilize the Innovation Center to facilitate education, training, and collaboration.
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Source: Howard County Economic Development Authority