Page 72 - Cyber Defense eMagazine - October 2017
P. 72

Engineers  working  in  good  jobs  fulfilling  government  contracts  likely  feel  extremely
               comfortable in those positions, may have families to support and other responsibilities
               that  make  the  idea  of  quitting  their  job,  couch-surfing  and  eating  ramen  noodles  for
               every  meal while  their  business  grows  a  non-starter.  No  matter how  great  their  idea,
               putting everything on the line for it is never going to happen – not without an accelerator
               configured like LaunchPad acting as a safety and support net.

               LaunchPad  hires  those  innovative  engineers,  allowing  them  to  work  on  government
               contracts  for  the  company  while  building  up  their  business.  While  other  accelerators
               start  with  investment  dollars  and  look  for  entrepreneurs  to  advance  a  concept,
               Launchpad  takes  on  the  role  of  a  pre-startup  accelerator. With  a  profitable  company
               behind it, the accelerator is fully powered and supported, eliminating the need for initial
               funding and allowing the engineers and entrepreneurs in the program to build up their
               businesses without the additional strains of unemployment.

               The  other  major  hurdle  for  many  engineers  is  their  lack  of  managerial  and  business
               experience.  In  many  cases,  work  on  the  startup  is  the  first  time  many  would-be
               innovators  have  ever  experienced  the  many  financial,  legal,  technical  and  resource
               challenges associated with growing a new business. MasterPeace, having taken on the
               responsibility  for  the  engineers  they  hire  as  part  of  LaunchPad,  also  becomes
               accountable to help those businesses grow. This is done by building business plans,
               sales  forecasts  and  conducting  market  research  –  while  simultaneously  training  the
               engineers  how  to  run  a  successful  company.  Integrating  these  traditional  accelerator
               services  with  MasterPeaces  government  contracting  business,  in  support  of  new
               company generation, sets MasterPeace apart from other technology accelerators.

               In  addition  to  financial  help  and  business  training,  LaunchPad  also  provides  a
               collaborative working  environment filled with the latest in advanced technology. All of
               this is installed in a purposely designed space within the burgeoning technology corridor
               outside of Baltimore in Columbia, Maryland.

               LaunchPad  has  already  fostered  two  rising  startups  within  their  accelerator  program.
               Zuul IoT Inc. began life at LaunchPad and supported its founder in the creation of an
               Industrial  Internet  of  Things  (IoT)  device  management  platform  that  bridges  the  gap
               between  Operations  concerns  and  IT  security.  Zuul  IoT  Founder  and  CTO,  Edward
               Stanford,  saw  the  need  to  protect  IoT  devices  found  in  smart  transportation,  building
               automation, and industrial control systems with the same type of robust defenses found
               in the more mainstream IT market. Working with LaunchPad gave him the freedom to
               engineer the Zuul software suite to simplify the installation, configuration and integration
               of  large-scale  connected  device  deployments  for  industrial  settings.  This  saves  time,




                    72   Cyber Defense eMagazine – October 2017 Edition
                         Copyright © Cyber Defense Magazine,  All rights reserved worldwide.
   67   68   69   70   71   72   73   74   75   76   77