Loyola accepts 11 ventures for Baltipreneurs Accelerator December 26, 2024By Catholic Review Staff Catholic Review Filed Under: Colleges, Feature, Local News, News, Social Justice Loyola University Maryland announced that its Simon Center for Innovation & Entrepreneurship accepted 11 new ventures for the center’s 2024-25 Baltipreneurs Accelerator. The program is a four-month, part-time initiative that supports startup businesses and social ventures with training, technical assistance, mentorship, networking and access to capital. According to a Loyola Media release, Baltipreneurs harness artificial intelligence and machine learning for health care, source and roast coffee beans, lead in women’s fashion, cosmetics, and services, provide educational tools for underserved students, and explore for minerals while minimizing the ecological impact. Largely women entrepreneurs this year, they include Loyola students and alumni as well as entrepreneurs from other universities and the community. The 2025-25 Baltipreneurs include: Canopy Minerals, eco-friendly precision mineral exploration City + Sea Boutique, coastal chic and city-inspired fashion Modelus and Neurobarr, artificial intelligence and machine learning for health care NovvaCup, the future of menstrual cups Nu Momish, a social enterprise focusing on the wellness of moms REAL digitizED, education for the digital age Solsis Beauty, empowering women through makeup Sunday Morning Coffee, sourcing and roasting coffee beans The Creative Representation Empire, culturally representative educational coloring books The Queens’ Sisterhood Society LLC and QSS Baltimore Inc., a non-collegiate sisterhood, investment club and community-based organization empowering women Yelé LLC, fashion rooted in heritage The Baltipreneurs Accelerator will provide $47,000 in total funding to the participants. They will attend 10 sessions from December 2024 through March 2025, culminating in a Demo Day showcase at Loyola on March 18. Throughout the program, mentors, instructors, coaches and consultants will provide guidance customized for each participant, and participants will collaborate and learn from each other. “We are pleased that the national growth in microbusinesses owned by founders of color and the 70 percent increase in the number of Black-women-owned businesses since the pandemic were reflected in our Baltipreneurs applicant pool,” said Wendy Bolger, founding director of the Simon Center for Innovation & Entrepreneurship, in the media release. “Baltipreneurs’ success will be the city’s success, as microbusinesses create seven jobs for every one entrepreneur, on average, and drive unemployment down.” The program is part of Loyola University Maryland’s Sellinger School of Business and Management, an internationally recognized Jesuit business education program. Visit www.loyola.edu/sellinger for more information. Read More Colleges FOCUS names Jonathan Reyes as CEO Fostering critical thinking at Catholic universities can counter ‘false teachers,’ pope says Cornell Catholic ministry calls on students to witness to faith amid university sexual assault case Notre Dame rector files defamation suit against online posters of anonymous abuse allegations Notre Dame consecrated to the Sacred Heart for first time thanks to student-led initiative AI is generating a mental health crisis, warns Divine Mercy University president Copyright © 2024 Catholic Review Media Print
