Increase number of Maryland Center for Entrepreneurship successful companies to 120 by 2025
MIC continues to hover near full resident capacity, and as such is now focused on making sure every resident member that is accepted has the highest level of growth potential. Due to the move of MIC operations into the new Gateway Innovation Center and then the onset of the pandemic, there was a decrease in MIC visitor activity between FY19 and FY22 . Client service and visitor activity were impacted heavily by COVID-19 restrictions in FY21. It is uncertain whether these figures are expected to return to normal in FY22 as the future of the COVID-19 pandemic remains unknown.
- 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.
Source: Howard County Economic Development Authority