Thursday, November 8, 2012

FREDERICK TECHNOLOGY BUSINESS INCUBATOR SEEKS NEW DIRECTOR

The Frederick Innovative Technology Center, Inc. (FITCI) is pleased to announce that the Board of Directors is immediately seeking candidates for the position of Executive Director. This position replaces the current Executive Director, Michael Dailey, who recently announced his resignation effective December 31, 2012.  Mr. Dailey has been the Director and CEO of the non-profit technology business incubator since its inception in 2005.  Resumes will be accepted by the Frederick County Workforce Services Division at PMcDonald@FrederickCountyMD.gov until the position is filled.  A job description is posted on the organization’s website www.fitci.org.

“Mike Dailey has provided exceptional service to FITCI’s start-up business clients as evidenced by 16 successful business graduates which have created more than 230 direct jobs during his tenure,” stated Mr. Don Schilling (Corp OHS), President of the Board of Directors.  “Mike has skillfully managed the organization through the recession and reduced government investment to position FITCI for the next business cycle.”

A serial entrepreneur, Mr. Dailey was selected in 2005 by the FITCI Board to lead the build-out and development of the initial 10,000 SF of incubator space at Hood College.  The space quickly filled and FITCI expanded to its current location at 4539 Metropolitan Court in Frederick which is now home to a number of emerging biotechnology, information technology, and green technology companies.  Several FITCI client companies have received statewide and national attention including Akonni Biosystems, WGS Systems, Imagilin Technologies, and Widearea Systems.

According to Richard Griffin, Director of Economic Development for the City of Frederick, “High-tech business incubation is a critical economic development and job creation strategy of Frederick City and County.  We applaud Mike’s efforts to oversee the launch of incubation in this community and though sad to see him move on, we are excited about FITCI’s next chapter.”

FITCI is a non‐profit organization created in 2005 by Frederick County, The City of Frederick, the Maryland Department of Business & Economic Development (DBED), and the Maryland Technology Development Corporation (TEDCO) in conjunction with the local business community.  FITCI provides services for local entrepreneurs seeking quality entrepreneurial support services along with facilities such as offices, laboratories, shared equipment and conference space equipped with phone and web.  FITCI seeks to foster entrepreneurship in Frederick and accelerate the development of commercial viable high tech businesses and jobs.

Today, FITCI stands as a significant success story of how private-public partnerships can successfully work to meet public sector goals while operating efficiently and cost effectively in the private sector.  The 230 jobs created by FITCI clients have an annual payroll of $17 million and the 16 graduates generate $26 million in annual revenue and occupy commercial real estate in Frederick paying local real estate taxes of nearly a quarter million annually.

Brief Job Description
The FITCI Executive Director is a full-time, benefited position which requires normal weekday core hours and some participation at evening/weekend events.  The executive director serves as CEO of the organization, reports to the Board of Directors, and is responsible for all operational aspects of organization including facilities, staff, and day-to-day business and financial functions.  The position also requires providing entrepreneurial support and advice to FITCI clients.  The salary is negotiable.  For more information see the full job description on the FITCI website at www.fitci.org.

Wednesday, November 7, 2012

SPOTLIGHT: Fort Detrick & Federal Procurement

Colby Ferguson (Frederick County) and
Heather Gramm (City DED) with
Congressman Bartlett at SmartPROC 2012
DED staff enjoyed the opportunity to make new connections – and reconnect with many Frederick businesses – at the SmartPROC 2012 Conference on October 26th. This conference, co-hosted by SMART and Congressman Bartlett’s office, brings together the public and private sector from across the Mid-Atlantic region to help build and foster strong relationships, teaming opportunities and discuss upcoming procurement possibilities among industry, community, government and academia. If you missed the conference, you can access the speaker presentations online here.

There is no doubt that federal spending and government contracting is a major economic force in Frederick and throughout Maryland. Fort Detrick plays a significant role, as do the many other military installations in the region. While SmartPROC is a great one-day opportunity, there are resources here in Frederick County that assists businesses with federal procurement every day.

The Fort Detrick Business Development Office is dedicated to enhancing collaboration between Fort Detrick, the Mission Partners, and the business community. Located off post, at 201 Thomas Johnson Drive, the FDBDO provides the following services for those interested in federal procurement opportunities:

  • Individual Guidance Session
  • Training
  • Learning Library
  • Market Insight
  • Customized Opportunities
Learn more about the FDBDO at www.fdbdo.com.

The Fort Detrick Alliance is another resource for the business community. The Alliance facilitates communication and understanding between Federal agencies at Fort Detrick and the community at large. To accomplish this mission, the Fort Detrick Alliance works on a daily basis to build relationships between Fort Detrick and its constituencies in the region: individuals; businesses; civic, social, and educational organizations; and local and State government entities. Learn more, or become a sponsor, at www.fortdetrickalliance.org.

 
As always, City DED staff is here to assist the Frederick business community with access to information, resources, and business support services. If we can be of assistance to you, call our office at 301-600-6360 or visit us at www.businessinfrederick.com.