Frequently Asked Questions
Baltimore is the best-kept secret of the nation’s innovation scene. It consistently ranks among the 20 hottest cities for tech, and top three cities for women in technology. Maryland as a whole was ranked third on Fast Company’s list of innovative states, and fourth in the number of startups per million residents. There are 38+ entrepreneurial support groups and co-working spaces throughout the city, and a host of venture, angel, and grant opportunities for startups. Baltimore is a city of makers, doers, creators, and problem solvers.
The Trajectory Next program is run under the direction of Megan Wahler, FastForward Program Manager at John Hopkins, Allison Gardner, Education Director at Betamore, Jenny Owens, Executive Director of The Grid, and Linda Cassard, Assistant Vice President at the University of Maryland, Baltimore Office of Research and Development.
To be eligible for Trajectory Next, companies will have: demonstrated successful completion of an accelerator or other like program, the ability to define metrics and milestones, and an understanding of the hurdles to, and attempts at, adoption and defined customer segments. Candidates must be in Maryland or relocate to Maryland to participate and be focused on digital health, bio-health innovation, or life sciences.
Once selected, the Trajectory Next administrators will curate a group of advisers from joint networks whose expertise aligns with the needs of each company. Trajectory Next advisers will meet with each team, assess their strategic plan, and evaluate and define their biggest obstacles to develop a 12-week action plan and corresponding benchmarks to measure progress. Trajectory Next recognizes that this program must be tailored to the needs of each startup, and action plans may, therefore, look different for each team. For example, next steps for a healthcare informatics company may be HL7 compliance and the company needs $8,000 to integrate an interface engine. In contrast, next steps for another company would be to have an on-site coordinator to run an IRB study proving the software within a hospital setting. A sample action plan is attached to this proposal to serve as an example of the proposed benchmarks, and resources Trajectory Next can provide to participating companies.
In addition, through Trajectory Next, we will broker introductions to key connections in Maryland and beyond. By facilitating meaningful introductions, we will help companies position their product, service, or software to become a more desirable option for potential customers. Because of the rigor of the application process, the dedicated team, committed advisors and the strength of the program described, introductions from Trajectory Next will carry greater weight in the community than a simple referral.
The application period for the 2018 cohort will open January 5, 2018 and close on February 19, 2018. Trajectory Next will announce selected companies by March 6, 2018. The official kick-off will take place on April 2, 2018 and the program will run until June 22, 2018.
Yes. This is an in-resident program. Each participant will work with like-minded entrepreneurs, receive one on one mentoring and connect with investors and experts in this industry.
Each participant will be responsible for covering living and travel arrangements for the 12 weeks of the program. We will provide a list of possible housing locations, but participants will need to make and pay for their own arrangements.
We have an online application that includes questions about your company, the team behind it and what you hope to gain during the Trajectory Next experience. All selected participants will be notified by March 6, 2018.
Representatives from Johns Hopkins Technology Ventures, the University of Maryland, Baltimore and Betamore will work to identify the startups that have the most potential to benefit from our program.
No. However, you must be located in Maryland or willing to relocate to Maryland for the duration of the program, April 2 - June 22, 2018.
Trajectory Next is looking for companies that have shown traction in the marketplace. We recommend presenting a clear vision of your company’s mission and its solutions; describing the market opportunity, your team, and your business plan; and providing high-level information about the progress your startup has made to date.
Please include only non-confidential information in your application. We will treat all information, data and details included in the application as non-confidential public information.
All intellectual property that a Trajectory Next participant develops during or outside of the program is retained by that company.