Transform your business! 

SCALEUP Maryland™ is a four-month program, taught by seasoned entrepreneurs and business development professionals, designed to help executives create an executable Strategic Growth Plan. Companies with revenues up to $10M across multiple industries will develop tools to reach targeted milestones. Each year, two diverse cohorts up to 12 companies each are selected.

Program MissionProvide participants with the knowledge needed to create viable strategic plans to grow their enterprises

Who supports the program?

The program is supported by grant funding from Maryland Department of Commerce, T.Rowe Price Foundation and bwtech@UMBC Research and Technology Park

How does SCALEUP Maryland™ work?

bwtech@UMBC, the Research Park of the University of Maryland, Baltimore County (UMBC), and the TCV Growth Partners designed and execute the program. Every Friday the program covers a new topic, based on the five key elements of scaling a company: sales and marketing, finance, operations, human capital, and leadership. Examples of Sessions:

Leadership – Building Trust, Team Building, Communication, Mentoring

Understanding and Managing Cash Flow – Cash, A/R, A/P, Inventory

Sales & Marketing – Value Proposition, Positioning, Product/Market Fit

Acquiring and Managing Resources – Purchasing and Supply Chain

The team has developed a curriculum that goes into depth on these aspects, aligning the coursework with the real world experiences of the participating companies, and developing strategies for change and growth. Participants will receive a Certificate of completion upon submission of a confidential Strategic Plan.

How are companies selected?

Twice a year, applications are taken online, followed by a vetting process, to select the Cohort, for Spring or Fall.

What are the obligations of each participant?

Each participant has committed to attending the weekly sessions and completing the related work.

How are presenters compensated?

The grant supports stipends for the expert presenters to create and deliver presentations, address individual questions and hold office hours to tackle specific participant needs.

Presenters submit invoices and w9 forms to bwtech program leads for processing and follow up.

When is the next cohort forming?

Cohort 4 will take applications in August 2022, for Fall 2022 Cohort . Availability will limited, so if you believe your company might be a good fit for the next SCALEUP Maryland™ Cohort, please fill out the form below.

Maryland companies poised for growth and expansion are encouraged to apply for the SCALEUP Maryland™ program, sponsored by the Maryland Department of Commerce and T. Rowe Price Foundation.

This four-month program, developed in partnership with TCV Partners and taught by seasoned entrepreneurs and business development professionals, promotes in-depth, individualized, and targeted strategies for growth. Companies with $500K to $2 million in revenue across multiple industries design and implement tools to reach their projected targeted milestones.

SCALEUP Maryland™, is a program of bwtech@UMBC sponsored by the Maryland Department of Commerce, and bwtech@UMBC Research and Technology Park.

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