Tag: TCO Labs

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Female Entrepreneurs Explain Why Baltimore Is a Great Place…

Female Entrepreneurs Explain Why Baltimore Is a Great Place for Tech

March 22, 2019

A recent study from Smart Asset ranked Baltimore as the No. 2 city in the country for women in tech. The study looked at four factors: gender pay gap for women in tech; income after housing for women; women as a percent of the tech workforce; and the percent change in tech jobs. Smart Asset noted that women make up almost a third of the tech workforce in Baltimore and that tech jobs grew by almost 30 percent between 2014 and 2017.

We in the Johns Hopkins entrepreneurial ecosystem already knew, of course, that ours is an inclusive one. Still, encouraged by this recognition — and in celebration of Women’s History Month — we asked female entrepreneurs what makes Baltimore such a great place for women in tech.

Wendy Perrow, CEO, AsclepiX Therapeutics

Wendy Perrow

Baltimore is a wonderful place for women leaders in biotechnology, as we have some of the most innovative technologies being created from the University of Maryland and The Johns Hopkins University! The richness of the intellectual property in Baltimore has led to me leading two companies in Maryland, with new technology from both institutions. As a member of Gov. Larry Hogan’s Life Science Advisory Board, we are working to make Maryland a top scientific hub by 2023.

The workspaces created by the University of Maryland BioPark and Johns Hopkins Technology Ventures’ FastForward allow us to keep working with our founders and creators of their innovative technologies in Baltimore. Our goal in Baltimore and Maryland as a whole is to create new and innovative products, vaccines and medical devices that can treat patients and reduce the treatment burden for unmet medical needs.

Brittany Young

Brittany Young, founder, B-360

Baltimore is a good place for women in tech because we are able to form our own communities within a larger ecosystem. Often, entrepreneurship can seem like a lonely journey, and being a woman in tech can seem even more isolating, but groups like Baltimore Women in Technology connect you with other like-minded women and opportunities for growth.

Kristen Valdes

Kristen Valdes, founder and CEO, b.well Connected Health

While the b.well team is spread out across the country, we can’t imagine our home base being anywhere other than Baltimore. Having spent my entire career working with the Centers for Medicare & Medicaid Services and world-class institutions such as Johns Hopkins and the University of Maryland, it made perfect sense to have our headquarters here.

Thanks to our close proximity to these leading health care organizations in the region, greater Baltimore has been a key player in b.well’s early success. We believe that Baltimore can be and should be the health information technology capital of the United States.

Kristin Yim

Kristin Yim (WSE ’20), project lead, Semester.ly

The Johns Hopkins University and all the administrators have been open to all my ideas, many of which are coming to fruition. I have a great support system here from the computer science department, Center for Leadership Education and student government. I’m part of Women in Computer Science, and I love being able to bounce new feature ideas off of the girls (and guys) that attend our meetings. It’s also given me the opportunity to mentor other girls and give advice on entrepreneurship and spread the word about the resources that are available.

FastForwardU has been great about giving us space to work, connecting us to other entrepreneurs and notifying us of grant opportunities. FastForward also got us an ad hoc legal consultation when we were really stressed on a deadline.

Aimee Martin

Aimee Martin, CEO, MileMarker

Baltimore has a strong and growing network of women in tech. Our top universities and effective government-supported programs recognize the value of women entrepreneurs who are solving important problems through their businesses. It’s a great place to build women-led ventures and a wonderful place to live.

Pava LaPere

Pava LaPere (KSAS ’19), president and co-founder, TCO Labs, project lead, EcoMap

The best part about Baltimore is the flexibility built into our entrepreneurial community and culture. There is the feeling that we should do what is right — not just what has been done or what is easiest. I think an environment that allows women in tech to thrive comes from this will to solve problems as well as the close-knit community we have. Baltimore may be a smaller city, but that makes for strong relationships, allowing us to build great support networks regardless of where we come from.

Carolyn Yarina

Carolyn Yarina, CEO and co-founder, Sisu Global Health

Baltimore has been an incredibly supportive ecosystem for Sisu Global Health. We are proud that the majority of our financing has come from the Baltimore area and we’ve had great mentors, peers and partners all concentrated here in Baltimore. There also are supportive groups and ecosystems for women entrepreneurs and women in tech (Baltimore Women in Tech, for example).

The ecosystem encourages involvement and giving back. Sisu’s co-founders speak to high school students about getting more girls into STEM, and entrepreneurship classes to provide an example to female entrepreneurs. Many of our peers do the same.

Still, there is more we can do to level the playing field and address the unconscious (and conscious) biases against women in tech. What I love about Baltimore’s culture is that we aren’t afraid to admit our shortcomings and to improve. I look forward to seeing that continued improvement.

FastForward U

Meet the Entrepreneur: Pava LaPere Helps Student Startups Start…

Meet the Entrepreneur: Pava LaPere Helps Student Startups Start Up

Pava LaPere

Pava LaPere is scheduled to graduate from The Johns Hopkins University in May with a degree in sociology, a major she only decided to pursue as a senior after three years studying computer science.

That’s because LaPere, 21, wants to use entrepreneurship to solve inequalities in society, and doing that without a sociology background would be like “launching a project without market research.”

The focus on entrepreneurship is a fitting bookend to LaPere’s time as a JHU student. As an incoming freshman, she joined a Facebook group chat with other students interested startup culture that ultimately led to the formation of TCO Labs, a nonprofit that fosters entrepreneurship on the Homewood campus while also encouraging students to get involved in the local innovation ecosystem.

“We have so much potential and ability to make a difference while students,” she said. “There’s no greater safety net.”

In addition to serving as president of TCO Labs, LaPere is director of The Hatchery, TCO Labs’ incubator, and created EcoMap, which diagrams available resources in the Baltimore region for entrepreneurs. She also is a co-founder and organizer of Innov8MD, an annual conference showcasing student entrepreneurs from across Maryland’s universities.

“My attention’s always being pulled in different directions,” she said.

After graduation, LaPere will become a member of TCO Labs’ Board of Directors, as a team of undergraduates will take over leadership roles in the organization. The Tucson native also plans to stay in Baltimore and is weighing offers from both Hopkins and the city on jobs that would allow her to continue growing the region’s entrepreneurial ecosystem.

In five words or less, what does your company do?

TCO Labs fosters entrepreneurship at the Homewood Campus.

Innov8MD supports student entrepreneurs across Maryland.

EcoMap helps entrepreneurs find venture resources.

What’s one success TCO Labs has had that you’re particularly proud of?

The Hatchery, the undergraduate venture incubator. Especially when it comes to undergraduates, I think incubation programs are extremely important for teaching students the fundamentals of entrepreneurship using real-world experiences. The Hatchery works with up to 15 student-teams at a time. I’m extremely proud not only of my core team that makes The Hatchery run, but also of the teams that have come out of the program.

What’s been your favorite idea to go through The Hatchery?

Yikes, that is like asking me to pick between children. There have been plenty of amazing ideas to pass through the program, but I think one of our top teams is definitely Kubanda Cryotherapy.

They use carbon dioxide to perform cryoblation of breast cancer tumors in low-resource settings. Not only is the team amazing, but they have been able to position their technology very well as they progress toward their target market, which shows a deep level of understanding of their technology and market dynamics.

We have teams working on everything from helping the homeless find shelters to creating cybersecurity networks for IoT devices to designing haptic feedback gloves for VR. With so many amazing ideas, it’s impossible to pick a favorite.

Members of The Hatchery. (Courtesy Pava LaPere)

What led you to create the EcoMap?

Working with student entrepreneurs, I discovered it was very easy to point them to resources applicable to their ventures within the Hopkins innovation ecosystem, since it is pretty small.

However, when it was time for the teams to look to Baltimore’s ecosystem, I had no idea where to point them. There are so many resources for entrepreneurs, and yet there is no place where they are all centralized and sortable. We created EcoMap to give entrepreneurs a look at all of the resources available to them, as well as to give ecosystem developers an idea of what resource gaps may exist within their communities.

How has FastForward U helped TCO Labs grow?

TCO was founded a few years before FastForward U was established, and it has been insane to see the changes in the Hopkins entrepreneurial ecosystem brought about by the FFU team. They are an essential part of the ecosystem here, particularly by providing a lot of the funding resources that TCO Labs simply can’t.

We collaborate closely on how we can create a community that supports student entrepreneurs – or those simply interested in entrepreneurship – at every level. Whether that means working together on events, ideating new programs or hanging out at the space, I probably talk with the FFU team more than my parents.

What is the best part of having the FastForward U space on campus?

I have close ties with the FastForward U Homewood space, and seeing it constructed was one of the highlights of my time at JHU. Creating a space for student entrepreneurs on campus was one of the first big goals of TCO, and during our first year we co-authored a proposal with the Student Government Association. We were hoping for some dusty classrooms in the basement of Maryland Hall. Instead, thanks to FFU, we got a new building. I think the best part of the space is that it can be a place dedicated to working on your venture as opposed to doing school work. It creates a separation between the two spheres that I think is really beneficial for student entrepreneurs juggling myriad commitments.

Which innovator do you look up to and why?

Andrew Yang, the founder of Venture for America. His first book, “Smart People Should Build Things,” fundamentally changed the way I thought about the benefits of entrepreneurship to society and showed me how vital it is keep young talent within innovation ecosystems. It became the basis for much of my work at TCO, Innov8MD and EcoMap.

In addition to his emphasis on economic development through entrepreneurship, he takes a very frank stance on how we have to be deliberate in order to not leave anyone behind as we beckon technological advancement, an under-emphasized point in modern development rhetoric.

LaPere, left, speaks at the Innov8MD conference. (Courtesy Pava LaPere)

What’s one piece of advice you would give a student who is thinking about forming a startup?

Be certain you are truly passionate about the problem they are trying to solve. Being an entrepreneur is hard, but being a student entrepreneur is an entirely other battle. You will constantly be pulled between multiple commitments and, especially if you have more than one venture, you will often feel like you will never catch up with all you have to do. But if you love the problem you are solving, none of it feels like work. I know it’s cliché, but it’s the truth. If you love the problem, you can throw your heart and energy into your venture without a second thought, and that’s what makes the ordeal of entrepreneurship worth it.

In terms of startups and innovation, what’s one thing that separates Baltimore from other tech hotbeds?

Baltimore is the perfect place to be to start a company right now. There has been incredible development of Baltimore’s innovation ecosystem over the last decade, and there are now more resources than ever dedicated to supporting entrepreneurs in the city. Since Baltimore is less saturated with companies, there is less competition for these resources, meaning that you have an even greater chance of getting the resources you need. Additionally, Baltimore also has a low cost of living, which really helps when you are working on early-stage, pre-revenue companies.

But I think the most important thing is the fighting spirit of the city, where everyone here is dedicated to making it better through our collective action. That creates a community environment that is irreplaceable.

What’s your favorite non-school-related thing to do in Baltimore?

Although it’s not in directly in Baltimore, one of my favorite things to do here is visit the Loch Raven Reservoir about 20 minutes away in Towson. It’s a giant lake surrounded by miles of hiking path – it’s so big and peaceful you would never know there is a city nearby.

In the summer, I go there to kayak, and if I am ever working through a hard problem, I find it helpful to remove myself from Hopkins and go into the woods, where I can enjoy nature and work through whatever I need to.

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