Free rent at Baltimore Peninsula

Newsletter for April 24, 2024

ICYMI during UpSurge's annual meeting last night: Baltimore Peninsula is offering startups a year of free real estate, among other resources, as part of a new program. Read more on what one of the development partner's leaders had to say about it below.

— Alanah, Technical.ly lead reporter for Baltimore

This week’s newsletter is brought to you by the Morgan Lewis Startup & Accelerate webinar series, providing entrepreneurs knowledge and tools to grow their businesses and offering investors assurance their investments are on the right track. Check out the spring schedule here.

Baltimore Peninsula, a major mixed-use real estate development south of downtown, aims to attract more startups by offering enticing incentives. CEO MaryAnne Gilmartin of development collaborator MAG Partners announced last night at UpSurge Baltimore's annual meeting that relocating startups could receive a year of free rent and assistance with real estate matters. The program, named "Innovation Exclusive powered by UpSurge at Baltimore Peninsula," aims to provide turnkey office spaces without any upfront costs for construction.

➡️ Learn more about this deal on rent in the Baltimore Peninsula for startups.

Practice lawyers at Morgan Lewis are hosting a series of webinars to provide practical tips and address topics relevant to entrepreneurs.

The April 30 edition brings a look at trends in fintech mergers and acquisitions. The May 10 session covers legal strategies for emerging healthtech. On May 17, lawyers discuss the challenges of today’s fundraising climate. And June 7 is all about how the law affects biotech and medtech companies.

➡️ See the full schedule with details and register online.

• United Safety Technology promised to convert an empty warehouse into a nitrile glove factory during the height of the pandemic. Taxpayers put $100 million up for that project only for it to never materialize. [Baltimore Banner]

• Squarespace has agreed to become the new home for Google Domains customers. See if your domain has been affected. [Squarespace]

• Baltimore is clamping down on dirt bike riding, targeting riders and fuel suppliers. We know that it is culturally significant for some, and a nuisance and safety hazard for others. Advocates like B-360 seek to address the issue with dirt bike parks and ordinance changes. [Baltimore Sun]

• Morgan State University faculty members Paul B. Tchounwou, Kevin T. Kornega and Farin Kamangar have been elected fellows of the American Association for the Advancement of Science. [Morgan State University]

• Loyola University Maryland has been awarded over $1.2 million in federal and state funding to renovate its multipurpose facility on York Road in Baltimore. [Loyola University]