Nick Sohr
Author Archive

Nick Sohr

Morgan State University and Washington College
Breaking NewsEducation & Research

The Maryland Department of Commerce, Morgan State University and Washington College have endowed $4 million in two new research professorships. The endowments were made through the Maryland E-Nnovation Initiative (MEI), a program created in 2014 to spur basic and applied research in scientific and technical fields at the state’s colleges

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Port of Baltimore
InternationalMaryland EconomyWorkforce

The Port of Baltimore has inked a new contract with its biggest roll on/roll off customer through 2045, a deal that will support nearly 1,000 jobs over the next three decades, Governor Larry Hogan announced Thursday. The contract extends the close ties of Wallenius Wilhelmsen Logistics, a global shipping and

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Maryland universities
Breaking News

Six new research professorships have been endowed with $14.9 million in private donations and state funding, the Maryland Department of Business and Economic Development (DBED) announced Wednesday. The state funds were committed through the Maryland E-Nnovation Initiative, which matches private donations to universities for basic and applied research in scientific

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Link Labs Maryland Venture Fund
Innovation & TechMaryland Venture Fund

Link Labs, a tech company based in Annapolis, announced today it has raised $5.7 million in venture capital. The funding round was led by TCP Venture Capital and included a $500,000 investment from the State-run Maryland Venture Fund. The company is developing cutting edge technology to better connect the “Internet

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Finance & Professional Services

Little more than a year after they walked through the front door of 1st Mariner Bank, Jack Steil and Robert Kunisch are ahead of schedule. The bank turned a profit in the first quarter of 2015 and is well on its way toward growing into the prominent local institution its

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New Jobs
Breaking NewsJob CreationMaryland Economy

Maryland added 12,000 private sector jobs in July, the Department of Labor, Licensing and Regulation (DLLR) reported Friday morning. Overall, employment increased by 9,200 positions as government jobs dropped 2,800. The unemployment rate remained unchanged at 5.2 percent. Labor officials also softened June’s initial jobs report, revising the loss to

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Maryland Venture Fund
Innovation & TechLife SciencesMaryland Venture Fund

GraftWorx, a medical device development company in Bel Air, has received a $500,000 investment through the Maryland Venture Fund. The company is developing an innovative approach to treat Peripheral Artery Disease (PAD) that could reduce the need for expensive, repeated and invasive surgeries. “GraftWorx is turning the Internet of Things

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Entrepreneurs

In the late ’90s, Jason Goldsmith was studying psychology at Towson University. But the soon-to-be serial entrepreneur was getting an entirely different education running SouthParktshirts.com. The site, which sold apparel featuring characters from the hit Comedy Central show, received orders for hundreds of dollars of shirts every day. Just 17

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Breaking NewsCommercePrograms

The Department of Business and Economic Development (DBED) allocated on Wednesday $11.1 million to seven fund managers across the State to make small business loans. The move was approved by the Board of Public Works Wednesday morning. The Small, Minority and Women-Owned Business Loan Fund receives 1.5 percent of the

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Profiles

In 2010, Joy Quinn-Whalen put aside a 15-year career as an IT and management consultant to pursue a lifelong dream — starting a businesses and being her own boss. She opened her first outlet of The Spice & Tea Exchange that year. Now Quinn-Whalen is up to four stores, the

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