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TEDCO’s Maryland Innovation Initiative launches local university entrepreneurs

Dr. Mustafa Al-Adhami knew the severity of the sepsis problem: 1.7 million Americans are evaluated for sepsis every year, and too many have died while waiting for the correct antibiotic. His solution was to develop a platform to determine antibiotic sensitivity in one hour, giving doctors and patients precious time and a life-saving tool through his new venture, Astek Diagnostics Inc. (Astek).

Read More: Maryland Inno
More than 100 new businesses opened in 2021 in Anne Arundel County, despite COVID hardships

Sarah Taylor, one of the owners of All The Rage Vintage in Annapolis which opened in November, said she has some concerns with the recent rise of COVID-19 cases and how it might affect business in the new year. Located at 208 West St., the business is in the Arts District of downtown that garners a lot of foot traffic.

He transformed a small university in Maryland. Now Freeman Hrabowski is ready for his next act.

On a warm fall afternoon, Freeman A. Hrabowski III made his way through his college campus, past glassy buildings and manicured grass. It wasn’t always like this, he says. “In my early years as president, the first year, kids were accustomed just to dropping paper all around.” On some campuses, the president can be a somewhat obscure figure. He is probably older, White. Students see him only at big events.

Baltimore TV anchor’s persistence lands him gig at ‘SportsCenter’

Max McGee graduated from Cherry Hill East High School in New Jersey with ambitions of playing Major League Baseball, but his name wasn’t called when MLB held its amateur draft in 2010. McGee didn’t have the academic credentials to get into a school that offered Division I baseball, so he enrolled at Camden County College. He tried out for the baseball team and got cut, which he said sent him spiraling.

Baltimore City topped $2 billion in home purchases last year

The Baltimore City residential market had one of its strongest years ever in 2021 as home buyers flocked to the city in search of an affordable alternative to the pricier suburban housing markets. The city saw a whopping $2.6 billion in sales last year as well as 11,358 total sales, according to figures released this week as part of Live Baltimore’s annual report detailing the local housing market. The median sales price for city properties was $200,000, which was 15% higher year-over-year, and the average days on market was 31.

Baltimore Banner signs lease for downtown office, building naming rights

The Baltimore Banner will plant its flag on the city’s waterfront this spring, moving its offices and newsroom into new coworking space being built by Cordish Cos. The Banner and its nonprofit parent company, the Venetoulis Institute for Local Journalism, will open offices in 15,000 square feet on the fourth floor of the office building in the Power Plant complex in April. Leaders of the Baltimore-based nonprofit news group said Wednesday the organization recently signed a multi-year lease for space overlooking the Inner Harbor. The Banner is currently working out of offices in Spark coworking, also owned by Cordish, at Power Plant Live.

Some Maryland student loan borrowers due restitution under multistate settlement with Navient

More than 1,100 Maryland residents will get more than $34 million in student loan debt relief to settle charges of abusive practices by student loan servicer Navient, the state Attorney General’s office said Thursday. Navient, one of the nation’s largest student loan servicers, will provide $1.85 billion in restitution in Maryland, 38 other states and Washington, D.C. The settlement resolves allegations of unfair and deceptive loan servicing practices and abuses in originating predatory loans, Maryland Attorney General Brian E. Frosh announced.

Read More: Baltimore Sun
Former USi building near Annapolis Town Center set for mixed redevelopment after $30 million purchase

A Georgia-based developer has purchased a Riva Road property across from the Annapolis Town Center for $30 million with plans to construct a massive residential and retail development. SJC Ventures, formerly known as SJ Collins Enterprises, completed the purchase in late December for 2500 Riva Road, according to a news release from Hyatt Commercial, which brokered the sale.

Read More: Baltimore Sun
Metro says train shortage to last three more months while agency seeks ‘root cause’ of defect

Metro riders can expect the current level of limited rail service to continue for three more months after the transit agency’s top official said Thursday that Metro wants to focus on finding the “root cause” of a defect that has sidelined more than half its rail cars since mid-October. Metro’s 7000-series cars were briefly reinstated in December before a regulatory agency suspended them a second time after Metro failed to follow its own guidelines for safety inspections.

Gov. Hogan Awards Governor’s Citation To H&S Bakery, Ellicott City Couple Who Feeding Stranded I-95 Drivers

Governor Larry Hogan on Thursday awarded governor’s citations to H&S Bakery and an Ellicott City couple who helped feed stranded drivers on an icy stretch of Virginia interstate last week. Casey Holihan and her husband, John Noe, were on a five-hour road trip from Ellicott City to North Carolina to visit family before Noe headed to Germany on a military deployment. That five-hour trip turned into more than 30 hours when they hit I-95 in Virginia.

Read More: WJZ

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