Frederick Innovative Technology Center Overview
- Investor Type
-
Accelerator/Incubator
- Status
-
Active
- Professionals
-
1
- Investments
-
73
- Portfolio
-
46
- Exits
-
20
Frederick Innovative Technology Center General Information
Company Description
Founded in 2004, Frederick Innovative Technology Center is a business incubator and a non-profit organization based in Frederick, Maryland. The firm provides acceleration services through various programs to biotechnology, information technology, cyber security and renewable energy start-up companies.
Business Details
Website
www.fitci.orgYear Founded
Investor Status
Primary Investor Type
Corporate Office
- 4539 Metropolitan Court
- Frederick, MD 21704
- United States
Frederick Innovative Technology Center Investments (73)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Jio Robotics | 29-Oct-2024 | Accelerator/Incubator | Machinery (B2B) | Generating Revenue | ||
| BioEvanesce | 01-Jun-2024 | Biotechnology | Startup | |||
| Catoctin Bio | 12-Mar-2024 | Drug Discovery | Generating Revenue | |||
| GxP Solutions | 12-Mar-2024 | Consulting Services (B2B) | Generating Revenue | |||
| Linganore Winecellars | 12-Mar-2024 | Beverages | Generating Revenue | |||
| Mandarin Magic for Kids | 12-Mar-2024 | Other Commercial Products | Stealth | |||
| StrydeLink | 12-Mar-2024 | Information Services (B2C) | Startup | |||
| Unraveling Obesity | 12-Mar-2024 | Other Healthcare Technology Systems | Generating Revenue | |||
| Advanced In Vitro | 04-Mar-2024 | Accelerator/Incubator | Biotechnology | Generating Revenue | ||
| Biosystems Strategies | 04-Mar-2024 | Accelerator/Incubator | Consulting Services (B2B) | Generating Revenue |
Frederick Innovative Technology Center Exits (20)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Tumy Technology | 12-Dec-2025 | Out of Business | |
| Vita Edo | 03-Oct-2025 | ||
| Kinetic Revolutions | 22-Apr-2025 | ||
| Allow Me! | 07-Oct-2024 | ||
| Kayvo | 07-Oct-2024 | ||
| Biaera Technologies | 01-Mar-2021 | ||
| Velocidy Bio | 24-Nov-2020 | ||
| Goefer | 06-Dec-2019 | ||
| Psquare Scientific | 01-Apr-2019 | Out of Business | |
| USPV | 06-Jun-2018 | Merger/Acquisition |
Frederick Innovative Technology Center Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Frederick Innovative Technology Center FAQs
-
What is Frederick Innovative Technology Center?
Founded in 2004, Frederick Innovative Technology Center is a business incubator and a non-profit organization based in Frederick, Maryland.
-
When was Frederick Innovative Technology Center founded?
Frederick Innovative Technology Center was founded in 2004.
-
Where is Frederick Innovative Technology Center headquartered?
Frederick Innovative Technology Center is headquartered in Frederick, MD.
-
How many investments has Frederick Innovative Technology Center made?
Frederick Innovative Technology Center has made 73 investments.
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What has Frederick Innovative Technology Center invested in?
Frederick Innovative Technology Center has made numerous investments in companies like Jio Robotics, BioEvanesce, and Catoctin Bio within the Machinery (B2B), Biotechnology, and Drug Discovery industries.
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What has Frederick Innovative Technology Center invested in recently?
Frederick Innovative Technology Center's latest investment was on 29-Oct-2024 in Jio Robotics, a company within the Machinery (B2B) industry.
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