Loyola University Maryland Launches New Business Accelerator

Loyola University Maryland has launched a new business accelerator to be located in the Govans community in North Baltimore, just east of the North Charles Street campus.

The project is in partnership with Wasabi Ventures, a California-based venture capital firm with a presence in Baltimore, which will provide professional staff to manage the accelerator, funding for start-up companies, internships for Loyola students, and the expertise of entrepreneur-in-residence Thomas “T.K.” Kuegler, Wasabi’s co-founder and general partner.

The accelerator, which will begin operating this spring out of a property the University recently acquired on Winston Avenue, will focus on technology-oriented start-ups and lifestyle-oriented organizations that serve needs in the immediate community (e.g. bakeries, lawn service companies, or clothing manufacturers and retailers).



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