As the Port Covington redevelopment continues to expand, we have seen a growing number of innovative companies set sights on the area as a home. Just over a year ago, Port Covington welcomed the award-winning incubator and coworking space, Betamore, to set the stage for technology growth in the area. Betamore houses some of Baltimore’s best and brightest startups, creatives, and entrepreneurs. The company recently relocated their primary HQ from Federal Hill to Port Covington’s City Garage. Betamore Co-Founder + Chairman, Greg Cangialosi, thinks Port Covington is the perfect fit for Betamore’s culture. “At the end of the day, our entrepreneurial spirit is what drives us. The opportunity to be a part of something new that is driving change in our city is aligned with our core values as an organization”, said Cangialosi. Port Covington was the perfect location for Betamore’s team to connect people locally, welcoming everyone from law firms to tech startups to come together and celebrate what is happening in this “gritty but awesome” city. Cangialosi “thought it made the most sense for an organization like Betamore to consolidate all of its efforts to one location. Because Port Covington is a big part of the future of Baltimore, [they] would be able to have the most impact for the foreseeable future to help foster the entrepreneurial community and workforce development future of Baltimore for many years to come.”
Cangialosi is a Baltimore-based entrepreneur who has his hands in all-things-tech. His career took off in 2001 when he founded Blue Sky Factory, a leading email marketing service provider. After it was acquired by a private equity firm, Cangialosi began looking for his next venture. He asked himself if he were to do it all over again with his two co-founders, what resources did he wish we had access to from the start of his own journey? From that one core question, Betamore was born. Guided by his “wish list”, Cangialosi’s goal was to build an organization that supported the next generation of entrepreneurs working towards realizing their dreams while also building the future of Baltimore.
Despite its recent relocation to Port Covington, Betamore began its involvement with the area in 2015 with its annual fundraiser, Beta City. Now in its fourth year at City Garage, the event is one of the largest gatherings of Baltimore’s technology and entrepreneurial communities. The day-long event, being held October 4, begins with a Venture Capital Pitch Competition featuring six of the region’s top startups pitching a panel of investors and competing for a $25,000 cash prize.
The Main Event, beginning at 5:30PM, features over 25 innovative startup demos, exclusive networking, and a celebration of Baltimore’s growing entrepreneurial community. A new addition to this year’s all-day lineup is The After Party, held just outside City Garage at Port Covington’s new seasonal waterfront event space, South Point. The After Party will feature a live set performed by DJ Ron Garza of Thievery Corporation, drinks, and local food vendors.