Category: News

News

Mayor Rawlings-Blake Awards Social Innovation Lab $100,000

A $100,000 award presented by Mayor Stephanie Rawlings-Blake on November 30 will support the Social Innovation Lab’s (SIL) mission of accelerating difference-making nonprofits and mission-driven for-profits.

Image courtesy of City of Baltimore (License)
Image courtesy of City of Baltimore (License)

At City Hall, Rawlings-Blake disbursed between $50,000 and $100,000 in city funds to seven Baltimore organizations, including SIL. The money was awarded through the Baltimore Development Corporation’s Innovation Fund, which was set up to support entrepreneurship and job growth in the city. SIL will use the funds to help cover the program’s operating costs.

“I’m thrilled that SIL has been selected to receive this funding alongside other leading organizations in the Baltimore innovation and entrepreneurship sector,” says SIL Director Darius Graham. “This award not only recognizes the impact of our work to date, but it will help advance our mission of accelerating ventures that work to create change and opportunity in Baltimore and beyond.”

The other recipients were Innovation Village ($100,000), Conscious Venture Lab in Innovation Village ($100,000), Light City ($100,000), Baltimore Angels ($75,000), Impact Hub ($50,000) and Betamore ($50,000).

Want to see the 2016-2017 SIL cohort? Click here!

News

SC&H Group Selected to Sponsor FastForward Innovation Hubs

SC&H Group, a leading audit, tax, and consulting firm, will be a corporate sponsor for FastForward, a division of Johns Hopkins Technology Ventures’ (JHTV) that supports startup innovation and acceleration.

In addition to serving as a catalyst for the advancement and commercialization of innovations derived both at the University and elsewhere in the region, FastForward is committed to building the Baltimore startup ecosystem and contributing to local economic development.

Through the sponsorship, SC&H Group will provide accounting and financial services that can help accelerate business efforts for these new startups. The firm will also provide mentorship, and host social networking events, roundtable discussions, and workshops geared toward technology, life sciences, and healthcare startups.

“We are honored to support Johns Hopkins University as a FastForward sponsor, and recognize the importance of fully supporting the Baltimore startup ecosystem,” said Ron Causey, CEO and Co-Founder of SC&H Group. “Through this collaboration, we can continue supporting our commitment to clients, colleagues, and the community by further enabling innovative startups to succeed. Emerging and fast-growth companies can greatly benefit from our service offerings, such as accounting, corporate tax, CFO advisory, and investment banking.”

“FastForward provides the space, resources, mentorship, and services that give our ventures a chance to become successful businesses,” said Brian Stansky, FastForward’s senior director. “We count on our corporate sponsors like SC&H to bring their expertise in specific business areas to support early ventures as they navigate the complicated startup landscape. Together, we can help FastForward’s ventures realize their potential and in the process impact local economic development.”

More than 120 business startups are in the FastForward portfolio in areas such as therapeutics, medical devices, medical software, and healthcare IT.

About SC&H Group
SC&H Group is an audit, tax, and consulting firm applying “expertise that works” to minimize risk and maximize value. SC&H Group’s practices advise leading companies from emerging businesses to the Fortune 500 on accounting, tax, profitability, and business process solutions. Clients in all states and worldwide benefit from SC&H Group’s commitment to delivering powerful minds, passionate teams, and proven results on each and every engagement. http://www.scandh.com

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