BALTIMORE, July 16,
2024 /PRNewswire/ -- Entrepreneurs' Organization
Baltimore (EO Baltimore) is proud to announce that it has been
honored with the prestigious Maryland Inno Fire Awards 2024. This
recognition highlights the significant strides EO Baltimore has
made in expanding its accelerator program and fostering
entrepreneurship in the region.
EO Baltimore's accelerator program (EOA), which provides
essential guidance to small business owners, has seen remarkable
growth. From just three participants in 2020, the program has
expanded to 14 participants in 2024. This growth underscores the
program's increasing popularity and its effectiveness in supporting
early-stage businesses with revenues between $250,000 and $1M
annually.
Key Highlights
With Michael Raphael's Leadership
as the EOA's Chair, EO Baltimore plans to nearly double the size of
its accelerator program, offering critical support to more local
entrepreneurs. This expansion is part of the chapter's ongoing
efforts to foster entrepreneurial growth and provide essential
guidance to Baltimore-area small
businesses owners.
To enhance accessibility to the accelerator program, EO
Baltimore is launching a new scholarship initiative in July 2024. This scholarship will cover
approximately $500 of the
$2,700 annual membership cost, making
it easier for more entrepreneurs to benefit from the program.
EO Baltimore has also opened a new 1,700-square-foot clubhouse
at 1909 Thames St. This venue will host events, panel discussions,
and serve as a central hub for entrepreneurial activity, further
strengthening the local business community.
Under the leadership of Shannon
Roberts, president of EO Baltimore and founder of the
marketing firm Brand Builders, the chapter continues to innovate
and expand its impact. Roberts' vision and dedication are driving
the organization's growth and influence in the region.
Winning The Fire Awards
Winning the Fire Awards recognition in the "Ecosystem Builders"
category underscores EO Baltimore's role in fostering a
supportive environment for entrepreneurs and contributing
significantly to the local business community. This accolade from
Maryland Inno and the Baltimore
Business Journal not only recognizes the past achievements of EO
Baltimore but also positions it as a key player in shaping the
future of entrepreneurship in Maryland.
"One measure of success for our Accelerator program is the
number of graduates into our EO chapter as full fledged members
above the $1MM revenue level. The learning and support we
provide helps our business owner participants grow their businesses
to get to the next level."
—Michael Raphael, Accelerator Chair EO Baltimore| Founder and
CEO of Direct Dimensions, Inc.
For more information about this award, please visit:
https://www.bizjournals.com/baltimore/inno/stories/awards/2024/07/11/fire-awards-entrepreneurs-organization-accelerator.html
For more information about EO Baltimore's Accelerator
Program, please visit:
https://www.eobaltimore.org/accelerator
Learn More About EO Baltimore
EO Baltimore is a thriving chapter of the global Entrepreneurs'
Organization, home to nearly 50 passionate entrepreneurs who drive
economic, social, and cultural growth in Baltimore. The organization offers world-class
events, leadership development programs, and a supportive network
that helps entrepreneurs achieve their full potential in both
business and personal life.
For more information about EO Baltimore, the accelerator
program, or upcoming events, please visit eobaltimore.org.
CONTACT:
Shannon Roberts
President
EO Baltimore
410-274-0074
380447@email4pr.com
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SOURCE Entrepreneurs' Organization Baltimore