The company worked with Johns Hopkins’ 21st Century Cities Initiative to develop the first-of-its-kind report on diversity in Baltimore’s tech sector. That study accompanies another, bigger-picture snapshot of the ecosystem at present.
March 22, 2023
Originally published on Technical.ly.
After mobilizing to support founders affected by Silicon Valley Bank’s collapse, UpSurge Baltimore furthered its mission of promoting a more equitable business environment by releasing a pair of studies that comprehensively both the growth and diversity of the local startup ecosystem.
As UpSurge CEO Jamie McDonald highlighted in introductions to each report, the ripple effects of any progress in the tech sector should be the norm, not the exception. In support of this commitment, UpSurge partnered with Johns Hopkins University’s 21st Century Cities Initiative to develop one of the two studies, “Diversity 2023: A baseline look at the diversity of Baltimore’s Equitech ecosystem.” This report snapshots the startup landscape’s current state while recommending ways forward to support positive change. The second publication, “Momentum 2023: A look at Baltimore’s Startup Ecosystem, Current Trends, and Opportunities,” builds on the themes of “The $11 Billion Opportunity” to holistically highlight Baltimore tech’s growth and potential, as well as offer a promising outlook for the city’s startups.
Here are some key highlights from both reports, as well as an interview with McDonald: